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 Jamshedpur branch in Purbi Singhbhum, Jamshedpur, or Jharkhand, 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 Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0000012. 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, Jamshedpur, Purbi Singhbhum
Below in the table are the key details related to IFSC Code UTIB0000012 of Axis Bank for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000012 |
| Branch | Jamshedpur |
| City | Purbi Singhbhum |
| District | Jamshedpur |
| State | Jharkhand |
| Address | Voltas House, Main Road Bistupur |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Purbi Singhbhum for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000012 for the Jamshedpur branch of Axis Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000012 is given to every bank branch, including Axis Bank located in Jamshedpur, Purbi Singhbhum, Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Purbi Singhbhum.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Purbi Singhbhum and Jamshedpur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Jamshedpur doesn't end up at another location.
Format of the IFSC Code UTIB0000012
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jamshedpur in Purbi Singhbhum.
For example, the IFSC Code UTIB0000012 of Axis Bank for the Jamshedpur branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000012 of Axis Bank for its Jamshedpur branch located in Purbi Singhbhum, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Purbi Singhbhum and Jamshedpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Jamshedpur or Purbi Singhbhum to get the exact IFSC Code UTIB0000012.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Purbi Singhbhum that will provide accurate information.
How to Use IFSC Code UTIB0000012 for Online Transfers?
Once you have the IFSC Code UTIB0000012 for the Jamshedpur branch of Axis Bank in Purbi Singhbhum, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000012. 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 UTIB0000012.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Jamshedpur in Purbi Singhbhum, your payment can get delayed or might not go through at all.
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 Jamshedpur, 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 Purbi Singhbhum to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000012.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Voltas House, Main Road Bistupur located in Purbi Singhbhum, Jamshedpur, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.