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 Sonari branch in Sibsagar, Sonari, Assam, 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 Sibsagar or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code UTIB0003171. 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, Sonari, Sibsagar

Here are some of the key details that come with the IFSC Code UTIB0003171 of Axis Bank for its branch located in Sibsagar, within the district of Sonari in the state of Assam.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003171
Branch Sonari
City Sibsagar
District Sonari
State Assam
Address Borahi Chariali Ward No 12 Ground Floor Holding No 193 Sonari

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Sibsagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003171 for the Sonari branch of Axis Bank has an important 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 Sonari, Sibsagar, Assam, is provided a unique IFSC like UTIB0003171 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Sibsagar.
  • 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 Sibsagar and Sonari.
  • 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Sonari do not get misguided to another person.

Format of the IFSC Code UTIB0003171

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 Sonari in Sibsagar.

For example, the IFSC Code UTIB0003171 of Axis Bank for the Sonari branch includes these elements, identifying the bank and the branch location in Sibsagar and Assam accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003171 of Axis Bank for its Sonari 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 Sonari, 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 Sonari or Sibsagar to get the exact IFSC Code UTIB0003171.

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 UTIB0003171 for Online Transfers?

Once you have the IFSC Code UTIB0003171 for the Sonari 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 UTIB0003171. 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 UTIB0003171.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sonari 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 Sonari, 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 Sibsagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Sonari, Sibsagar?

The IFSC Code is UTIB0003171.

Is the IFSC Code UTIB0003171 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Sonari?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sonari branch?

The address of the branch is Borahi Chariali Ward No 12 Ground Floor Holding No 193 Sonari located in Sibsagar, Sonari, Assam.

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.