For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Gudeli branch in Sarangarh, Sarangarh, Chhattisgarh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Sarangarh or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0005254. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Gudeli, Sarangarh
Below in the table are the key details related to IFSC Code UTIB0005254 of Axis Bank for its branch located in Sarangarh, within the district of Sarangarh in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005254 |
| Branch | Gudeli |
| City | Sarangarh |
| District | Sarangarh |
| State | Chhattisgarh |
| Address | Upper Ground Floor,Raigarh Sarangarh Road,Po Gudeli,Ps Sarangarh,Dist Raigarh |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Sarangarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005254 for the Gudeli 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, along with Axis Bank located in Gudeli, Sarangarh, Chhattisgarh, are allotted a unique IFSC like UTIB0005254 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sarangarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sarangarh and Sarangarh.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Gudeli reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code UTIB0005254
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 Gudeli in Sarangarh.
For example, the IFSC Code UTIB0005254 of Axis Bank for the Gudeli branch includes these elements, identifying the bank and the branch location in Sarangarh and Chhattisgarh correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005254 of Axis Bank for its Gudeli branch located in Sarangarh, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Sarangarh and Sarangarh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Gudeli or Sarangarh to find the exact IFSC Code UTIB0005254.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Sarangarh will provide accurate information.
How to Use IFSC Code UTIB0005254 for Online Transfers?
Once you have the IFSC Code UTIB0005254 for the Gudeli branch of Axis Bank in Sarangarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005254. 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 UTIB0005254.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Gudeli in Sarangarh may result in delayed or failed transactions.
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 Gudeli, 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 Sarangarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005254.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Upper Ground Floor,Raigarh Sarangarh Road,Po Gudeli,Ps Sarangarh,Dist Raigarh located in Sarangarh, Sarangarh, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.