There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Sahlon branch in Shahid Bhagat Singh Nagar, Sahlon, Punjab, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Shahid Bhagat Singh Nagar or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code UTIB0002449. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sahlon, Shahid Bhagat Singh Nagar
Here are the key points that are associated with the IFSC Code UTIB0002449 of Axis Bank for its branch located in Shahid Bhagat Singh Nagar, within the district of Sahlon in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002449 |
| Branch | Sahlon |
| City | Shahid Bhagat Singh Nagar |
| District | Sahlon |
| State | Punjab |
| Address | Ground Floor, Khewat No. 224, Khatauni No. 290, 27//6/2 (2-1), Hadbast No. 174,Village -Sahlon, Tehsil & Dist Shahid Bhagat Singh Nagar, Punjab, Pin 144514 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Shahid Bhagat Singh Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002449 for the Sahlon 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 Sahlon, Shahid Bhagat Singh Nagar, Punjab, are given a unique IFSC like UTIB0002449 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Shahid Bhagat Singh Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Shahid Bhagat Singh Nagar and Sahlon.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Sahlon goes to the correct branch. This is important because Axis Bank has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0002449
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 Sahlon in Shahid Bhagat Singh Nagar.
For example, the IFSC Code UTIB0002449 of Axis Bank for the Sahlon branch includes these elements, identifying the bank and the branch location in Shahid Bhagat Singh Nagar and Punjab correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002449 of Axis Bank for its Sahlon branch located in Shahid Bhagat Singh Nagar, 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 Shahid Bhagat Singh Nagar and Sahlon, 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 Sahlon or Shahid Bhagat Singh Nagar to get the exact IFSC Code UTIB0002449.
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 Shahid Bhagat Singh Nagar that will provide accurate information.
How to Use IFSC Code UTIB0002449 for Online Transfers?
Once you have the IFSC Code UTIB0002449 for the Sahlon branch of Axis Bank in Shahid Bhagat Singh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002449. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0002449.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sahlon in Shahid Bhagat Singh Nagar, 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 Sahlon, 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 Shahid Bhagat Singh Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002449.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Khewat No. 224, Khatauni No. 290, 27//6/2 (2-1), Hadbast No. 174,Village -Sahlon, Tehsil & Dist Shahid Bhagat Singh Nagar, Punjab, Pin 144514 located in Shahid Bhagat Singh Nagar, Sahlon, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.