The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Rajnandgaon, Chattisgarh branch in Rajnandgaon, Rajnandgaon, Chhattisgarh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Rajnandgaon or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0000521. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Rajnandgaon, Chattisgarh, Rajnandgaon

Below in the table are the key details related to IFSC Code UTIB0000521 of Axis Bank for its branch located in Rajnandgaon, within the district of Rajnandgaon in the state of Chhattisgarh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0000521
Branch Rajnandgaon, Chattisgarh
City Rajnandgaon
District Rajnandgaon
State Chhattisgarh
Address Kourin Bhata, Stadium Chowk, Sahdeo Nagar, G E Road, Rajnandgaon, 491 441

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Rajnandgaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000521 for the Rajnandgaon, Chattisgarh branch of Axis Bank has an 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, including Axis Bank located in Rajnandgaon, Chattisgarh, Rajnandgaon, Chhattisgarh, is provided with a unique IFSC like UTIB0000521 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Rajnandgaon.
  • 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 Rajnandgaon and Rajnandgaon.
  • 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 Rajnandgaon, Chattisgarh do not get mixed with another location.

Format of the IFSC Code UTIB0000521

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 Rajnandgaon, Chattisgarh in Rajnandgaon.

For example, the IFSC Code UTIB0000521 of Axis Bank for the Rajnandgaon, Chattisgarh branch includes these elements, identifying the bank and the branch location in Rajnandgaon and Chhattisgarh correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0000521 of Axis Bank for its Rajnandgaon, Chattisgarh branch located in Rajnandgaon, 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 Rajnandgaon and Rajnandgaon, 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 Rajnandgaon, Chattisgarh or Rajnandgaon to get the exact IFSC Code UTIB0000521.

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 Rajnandgaon, you'll get the correct details.

How to Use IFSC Code UTIB0000521 for Online Transfers?

Once you have the IFSC Code UTIB0000521 for the Rajnandgaon, Chattisgarh branch of Axis Bank in Rajnandgaon, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000521. 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 UTIB0000521.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Rajnandgaon, Chattisgarh in Rajnandgaon, 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 Rajnandgaon, Chattisgarh, 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 Rajnandgaon to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Rajnandgaon, Chattisgarh, Rajnandgaon?

The IFSC Code is UTIB0000521.

Is the IFSC Code UTIB0000521 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Rajnandgaon, Chattisgarh?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rajnandgaon, Chattisgarh branch?

The address of the branch is Kourin Bhata, Stadium Chowk, Sahdeo Nagar, G E Road, Rajnandgaon, 491 441 located in Rajnandgaon, Rajnandgaon, Chhattisgarh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

Nearby AXIS BANK Branches

Back to Top