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 Iewduh branch in Shillong, Shillong, Meghalaya, 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 Shillong or anywhere in Meghalaya can easily transfer funds instantly by using the correct IFSC Code UTIB0003760. 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, Iewduh, Shillong
Here are the key points that are associated with the IFSC Code UTIB0003760 of Axis Bank for its branch located in Shillong, within the district of Shillong in the state of Meghalaya.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003760 |
| Branch | Iewduh |
| City | Shillong |
| District | Shillong |
| State | Meghalaya |
| Address | Axis Bank Ltd. Iewduhbranch,Burra Bazar,Gr Flr,Laxmi Plaza,G S Road,Shillong 793002,Meghalaya |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Shillong for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003760 for the Iewduh branch of Axis Bank plays a vital 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 Iewduh, Shillong, Meghalaya, is provided a unique IFSC like UTIB0003760 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Shillong.
- 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 Shillong and Shillong.
- 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 Meghalaya and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Iewduh do not get misguided to another person.
Format of the IFSC Code UTIB0003760
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Iewduh in Shillong.
For example, the IFSC Code UTIB0003760 of Axis Bank for the Iewduh branch includes these elements, identifying the bank and the branch location in Shillong and Meghalaya accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0003760 of Axis Bank for its Iewduh branch located in Shillong, 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 Shillong and Shillong, 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 Iewduh or Shillong to find the exact IFSC Code UTIB0003760.
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 Shillong will provide accurate information.
How to Use IFSC Code UTIB0003760 for Online Transfers?
If you have the IFSC Code UTIB0003760 for the Iewduh branch of Axis Bank in Shillong, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003760. 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 UTIB0003760.
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 Iewduh in Shillong, it 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 Iewduh, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Shillong to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003760.
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 Axis Bank Ltd. Iewduhbranch,Burra Bazar,Gr Flr,Laxmi Plaza,G S Road,Shillong 793002,Meghalaya located in Shillong, Shillong, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.