IFSC Code of Axis Bank, Kurthaur Parsa, Patna, Bihar- UTIB0005552

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Kurthaur Parsa branch in Patna, Patna, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Patna or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code UTIB0005552. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Kurthaur Parsa, Patna

Here are some of the key details that come with the IFSC Code UTIB0005552 of Axis Bank for its branch located in Patna, within the district of Patna in the state of Bihar.

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 UTIB0005552 for the Kurthaur Parsa branch of Axis Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Kurthaur Parsa, Patna, Bihar, is provided a unique IFSC like UTIB0005552 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Patna.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Patna and Patna.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Kurthaur Parsa do not get misguided to another person.

Format of the IFSC Code UTIB0005552

The format of the IFSC Code for banks, including Axis Bank, has 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 Kurthaur Parsa in Patna.

For example, the IFSC Code UTIB0005552 of Axis Bank for the Kurthaur Parsa branch includes these elements, identifying the bank and the branch location in Patna and Bihar correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0005552 of Axis Bank for its Kurthaur Parsa 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 Kurthaur Parsa or Patna to get the exact IFSC Code UTIB0005552.

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 UTIB0005552 for Online Transfers?

If you have the IFSC Code UTIB0005552 for the Kurthaur Parsa 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 UTIB0005552. 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 UTIB0005552.

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 Kurthaur Parsa in Patna, it may result in delayed or failed transactions.

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 Kurthaur Parsa, 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.