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IFSC Code of Axis Bank, The Sangrur Central Cooperative Bank Ltd, Sangrur, Punjab — UTIB0SCCB01

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 The Sangrur Central Cooperative Bank Ltd branch in Sangrur, Sangrur, or Punjab, 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 Sangrur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0SCCB01. 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, The Sangrur Central Cooperative Bank Ltd, Sangrur

Here are the key points that are associated with the IFSC Code UTIB0SCCB01 of Axis Bank for its branch located in Sangrur, within the district of Sangrur in the state of Punjab.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SCCB01
Branch The Sangrur Central Cooperative Bank Ltd
City Sangrur
District Sangrur
State Punjab
Address Ground Floor, Sadar Bazar, Patiala Gate, H O Sangrur, Sangrur,Pin -148001

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Sangrur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SCCB01 for the The Sangrur Central Cooperative Bank Ltd branch of Axis Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in The Sangrur Central Cooperative Bank Ltd, Sangrur, Punjab, is provided a unique IFSC like UTIB0SCCB01 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Sangrur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Sangrur and Sangrur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in The Sangrur Central Cooperative Bank Ltd do not get misguided to another person.

Format of the IFSC Code UTIB0SCCB01

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 The Sangrur Central Cooperative Bank Ltd in Sangrur.

For example, the IFSC Code UTIB0SCCB01 of Axis Bank for the The Sangrur Central Cooperative Bank Ltd branch includes these elements, identifying the bank and the branch location in Sangrur and Punjab accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SCCB01 of Axis Bank for its The Sangrur Central Cooperative Bank Ltd branch located in Sangrur, 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 Sangrur and Sangrur, 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 The Sangrur Central Cooperative Bank Ltd or Sangrur to get the exact IFSC Code UTIB0SCCB01.

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 Sangrur that will provide accurate information.

How to Use IFSC Code UTIB0SCCB01 for Online Transfers?

Once you have the IFSC Code UTIB0SCCB01 for the The Sangrur Central Cooperative Bank Ltd branch of Axis Bank in Sangrur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SCCB01. Transfers are processed in batches. This is suitable for 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 UTIB0SCCB01.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank The Sangrur Central Cooperative Bank Ltd in Sangrur may result in delayed or failed transactions.

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 The Sangrur Central Cooperative Bank Ltd, 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 Sangrur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank The Sangrur Central Cooperative Bank Ltd Sangrur?

The IFSC Code of the The Sangrur Central Cooperative Bank Ltd Sangrur branch is UTIB0SCCB01.

Is IFSC Code UTIB0SCCB01 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank The Sangrur Central Cooperative Bank Ltd branch?

The branch is located at Ground Floor, Sadar Bazar, Patiala Gate, H O Sangrur, Sangrur,Pin -148001.

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.

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