Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Kankarbagh branch in Patna, Patna, Bihar, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code UTIB0001896. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Kankarbagh, Patna
The table below shows the main details of the IFSC Code UTIB0001896 for the Axis Bank branch in Patna, which falls under the Patna district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001896 |
| Branch | Kankarbagh |
| City | Patna |
| District | Patna |
| State | Bihar |
| Address | Show Room No. Sr-01/02, Gr Floor, Sita Usha Square, Kankarbagh Main Square, Patna 80020 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Patna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001896 for the Kankarbagh branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Kankarbagh, Patna, Bihar, is provided with a unique IFSC like UTIB0001896 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Patna.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Patna and Patna.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Kankarbagh do not get mixed with another location.
Format of the IFSC Code UTIB0001896
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kankarbagh in Patna.
For example, the IFSC Code UTIB0001896 of Axis Bank for the Kankarbagh branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001896 of Axis Bank for its Kankarbagh branch located in Patna, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Patna and Patna, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Kankarbagh or Patna to find the exact IFSC Code UTIB0001896.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Axis Bank and Patna will provide accurate information.
How to Use IFSC Code UTIB0001896 for Online Transfers?
If you have the IFSC Code UTIB0001896 for the Kankarbagh branch of Axis Bank in Patna, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001896. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0001896.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Kankarbagh in Patna, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Kankarbagh, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Patna to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001896.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Show Room No. Sr-01/02, Gr Floor, Sita Usha Square, Kankarbagh Main Square, Patna 80020 located in Patna, Patna, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
