IFSC Code of Axis Bank, Khagaul Road Branch, Patna, Bihar- UTIB0005248

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Khagaul Road Branch branch in Patna, Patna, or Bihar, this guide will help you with all the details.

There have been major changes in the banking sector 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 UTIB0005248. 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, Khagaul Road Branch, Patna

Here are some of the key details that come with the IFSC Code UTIB0005248 of Axis Bank for its branch located in Patna, within the district of Patna in the state of Bihar.

These details help users in online banking and for businesses and individuals who use Axis Bank in Patna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005248 for the Khagaul Road Branch branch of Axis Bank has a very 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, along with Axis Bank located in Khagaul Road Branch, Patna, Bihar, are given a unique IFSC like UTIB0005248 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Patna.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Patna and Patna.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Khagaul Road Branch goes to the correct branch. This is important because Axis Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0005248

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 Khagaul Road Branch in Patna.

For example, the IFSC Code UTIB0005248 of Axis Bank for the Khagaul Road Branch branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0005248 of Axis Bank for its Khagaul Road Branch branch located in Patna, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Patna and Patna, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Khagaul Road Branch or Patna to get the exact IFSC Code UTIB0005248.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Patna, then it will provide you proper information.

How to Use IFSC Code UTIB0005248 for Online Transfers?

Once you have the IFSC Code UTIB0005248 for the Khagaul Road Branch branch of Axis Bank in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0005248. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0005248.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Khagaul Road Branch in Patna, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Khagaul Road Branch, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Axis Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Patna manage online transfers as well as cheque clearances with ease.