IFSC Code of Axis Bank, Pundag Ranchi, Ranchi, Jharkhand- UTIB0005252

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 Pundag Ranchi branch in Ranchi, Ranchi, Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0005252. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Pundag Ranchi, Ranchi

Here are the key points that are associated with the IFSC Code UTIB0005252 of Axis Bank for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Ranchi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005252 for the Pundag Ranchi 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0005252 is given to every bank branch, including Axis Bank located in Pundag Ranchi, Ranchi, 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 Ranchi.
• 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 Ranchi and Ranchi.
• 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 Pundag Ranchi doesn't end up at another location.

Format of the IFSC Code UTIB0005252

The format of the IFSC Code for banks, including Axis Bank, follows 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 Pundag Ranchi in Ranchi.

For example, the IFSC Code UTIB0005252 of Axis Bank for the Pundag Ranchi branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0005252 of Axis Bank for its Pundag Ranchi branch located in Ranchi, 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 Ranchi and Ranchi, 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 Pundag Ranchi or Ranchi to get the exact IFSC Code UTIB0005252.

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 Ranchi, then it will provide you proper information.

How to Use IFSC Code UTIB0005252 for Online Transfers?

Once you have the IFSC Code UTIB0005252 for the Pundag Ranchi branch of Axis Bank in Ranchi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0005252. 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 UTIB0005252.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Pundag Ranchi in Ranchi, your payment can get delayed or might not go through at all.

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 Pundag Ranchi, 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 Ranchi manage online transfers as well as cheque clearances with ease.