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 Sillarpur branch in Shivpuri, Sillarpur, or Madhya Pradesh, 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 Shivpuri or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0004968. 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, Sillarpur, Shivpuri
The table below shows the main details of the IFSC Code UTIB0004968 for the Axis Bank branch in Shivpuri, which falls under the Sillarpur district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004968 |
| Branch | Sillarpur |
| City | Shivpuri |
| District | Sillarpur |
| State | Madhya Pradesh |
| Address | Ground Floor, Survey No 350, Village Sillarpur, Nh 27Main Road, Tehsil Karera |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Shivpuri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004968 for the Sillarpur branch of Axis Bank has an important 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, including Axis Bank located in Sillarpur, Shivpuri, Madhya Pradesh, is provided with a unique IFSC like UTIB0004968 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Shivpuri.
- 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 Shivpuri and Sillarpur.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Sillarpur do not get mixed with another location.
Format of the IFSC Code UTIB0004968
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 Sillarpur in Shivpuri.
For example, the IFSC Code UTIB0004968 of Axis Bank for the Sillarpur branch includes these elements, identifying the bank and the branch location in Shivpuri and Madhya Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0004968 of Axis Bank for its Sillarpur branch located in Shivpuri, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Shivpuri and Sillarpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Sillarpur or Shivpuri to get the exact IFSC Code UTIB0004968.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Shivpuri, then it will provide you proper information.
How to Use IFSC Code UTIB0004968 for Online Transfers?
Once you have the IFSC Code UTIB0004968 for the Sillarpur branch of Axis Bank in Shivpuri, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004968. 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 UTIB0004968.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Sillarpur in Shivpuri 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 Sillarpur, 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 Shivpuri manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004968.
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, Survey No 350, Village Sillarpur, Nh 27Main Road, Tehsil Karera located in Shivpuri, Sillarpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
