IFSC Code of Axis Bank, Samta Colony, Raipur, Chhattisgarh- UTIB0001824

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 Samta Colony branch in Raipur, Raipur, or Chhattisgarh, 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 Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0001824. 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, Samta Colony, Raipur

Here are some of the key details that come with the IFSC Code UTIB0001824 of Axis Bank for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.

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 UTIB0001824 for the Samta Colony 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Samta Colony, Raipur, Chhattisgarh, is provided with a unique IFSC like UTIB0001824 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Raipur and Raipur.
• 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 Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Samta Colony do not get mixed with another location.

Format of the IFSC Code UTIB0001824

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Samta Colony in Raipur.

For example, the IFSC Code UTIB0001824 of Axis Bank for the Samta Colony branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001824 of Axis Bank for its Samta Colony 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Raipur and Raipur, print them 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 Samta Colony or Raipur to get the exact IFSC Code UTIB0001824.

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 UTIB0001824 for Online Transfers?

Once you have the IFSC Code UTIB0001824 for the Samta Colony 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 UTIB0001824. 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 UTIB0001824.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Samta Colony 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 differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Samta Colony, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Raipur manage online transfers as well as cheque clearances with ease.