The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Amguri branch in Sibsagar, Amguri, Assam, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Sibsagar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code UTIB0005664. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Amguri, Sibsagar
Here are some of the key details that come with the IFSC Code UTIB0005664 of Axis Bank for its branch located in Sibsagar, within the district of Amguri in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005664 |
| Branch | Amguri |
| City | Sibsagar |
| District | Amguri |
| State | Assam |
| Address | Ground Floor, Jhanji Amguri Road Near Bpcl Petrol Pump Sibsagarassam 785680 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Sibsagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005664 for the Amguri branch of Axis Bank plays 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 Amguri, Sibsagar, Assam, is provided with a unique IFSC like UTIB0005664 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Sibsagar.
- 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 Sibsagar and Amguri.
- 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 Assam and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Amguri do not get mixed with another location.
Format of the IFSC Code UTIB0005664
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Amguri in Sibsagar.
For example, the IFSC Code UTIB0005664 of Axis Bank for the Amguri branch has these elements, identifying the bank and the branch location in Sibsagar and Assam correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005664 of Axis Bank for its Amguri branch located in Sibsagar, 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 Sibsagar and Amguri, 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 Amguri or Sibsagar to get the exact IFSC Code UTIB0005664.
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 Sibsagar that will provide accurate information.
How to Use IFSC Code UTIB0005664 for Online Transfers?
Once you have the IFSC Code UTIB0005664 for the Amguri branch of Axis Bank in Sibsagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005664. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTIB0005664.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Amguri in Sibsagar, your payment can get delayed or might not go through at all.
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 Amguri, 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 Sibsagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005664.
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 Ground Floor, Jhanji Amguri Road Near Bpcl Petrol Pump Sibsagarassam 785680 located in Sibsagar, Amguri, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.