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 Arang branch in Raipur, Arang, Chandigarh, 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 Raipur or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code UTIB0004415. 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, Arang, Raipur
The table below shows the main details of the IFSC Code UTIB0004415 for the Axis Bank branch in Raipur, which falls under the Arang district in Chandigarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004415 |
| Branch | Arang |
| City | Raipur |
| District | Arang |
| State | Chandigarh |
| Address | Shraddha Mansion Progressive Point,Sadar Road, Po Ps-Arang,Govt School,Dist-Raipur,C.G Pin 493441 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Raipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004415 for the Arang branch of Axis Bank plays a vital role.
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 UTIB0004415 is given to every bank branch, including Axis Bank located in Arang, Raipur, Chandigarh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Raipur.
- 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 Raipur and Arang.
- 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 Chandigarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Arang doesn't end up at another location.
Format of the IFSC Code UTIB0004415
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 Arang in Raipur.
For example, the IFSC Code UTIB0004415 of Axis Bank for the Arang branch includes these elements, identifying the bank and the branch location in Raipur and Chandigarh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004415 of Axis Bank for its Arang branch located in Raipur, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Raipur and Arang, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Arang or Raipur to get the exact IFSC Code UTIB0004415.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Raipur, you'll get the correct details.
How to Use IFSC Code UTIB0004415 for Online Transfers?
Once you have the IFSC Code UTIB0004415 for the Arang branch of Axis Bank in Raipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004415. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0004415.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Arang in Raipur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Arang, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Raipur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004415.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shraddha Mansion Progressive Point,Sadar Road, Po Ps-Arang,Govt School,Dist-Raipur,C.G Pin 493441 located in Raipur, Arang, Chandigarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
