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 Sector Eighty Two Mohali branch in Sas Nagar, Mohali, 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 Sas Nagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0003511. 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, Sector Eighty Two Mohali, Sas Nagar

Here are some of the key details that come with the IFSC Code UTIB0003511 of Axis Bank for its branch located in Sas Nagar, within the district of Mohali in the state of Punjab.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003511
Branch Sector Eighty Two Mohali
City Sas Nagar
District Mohali
State Punjab
Address Sco No 11, Sector 82

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Sas Nagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003511 for the Sector Eighty Two Mohali branch of Axis Bank is vital.

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 Sector Eighty Two Mohali, Sas Nagar, Punjab, is provided with a unique IFSC like UTIB0003511 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Sas Nagar.
  • 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 Sas Nagar and Mohali.
  • 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 Punjab and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Sector Eighty Two Mohali do not get mixed with another location.

Format of the IFSC Code UTIB0003511

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 Sector Eighty Two Mohali in Sas Nagar.

For example, the IFSC Code UTIB0003511 of Axis Bank for the Sector Eighty Two Mohali branch includes these elements, identifying the bank and the branch location in Sas Nagar and Punjab correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003511 of Axis Bank for its Sector Eighty Two Mohali branch located in Sas Nagar, 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 Sas Nagar and Mohali, 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 Sector Eighty Two Mohali or Sas Nagar to get the exact IFSC Code UTIB0003511.

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 Sas Nagar, you'll get the correct details.

How to Use IFSC Code UTIB0003511 for Online Transfers?

If you have the IFSC Code UTIB0003511 for the Sector Eighty Two Mohali branch of Axis Bank in Sas Nagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003511. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0003511.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Sector Eighty Two Mohali in Sas Nagar, it 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 Sector Eighty Two Mohali, 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 Sas Nagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Sector Eighty Two Mohali, Sas Nagar?

The IFSC Code is UTIB0003511.

Is the IFSC Code UTIB0003511 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Sector Eighty Two Mohali?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sector Eighty Two Mohali branch?

The address of the branch is Sco No 11, Sector 82 located in Sas Nagar, Mohali, Punjab.

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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