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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Pakyong branch in Sikkim, Pakyong, Sikkim, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Sikkim or anywhere in Sikkim can transfer funds instantly by using the correct IFSC Code UTIB0003761. 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, Pakyong, Sikkim
Here are the main details that are associated with the IFSC Code UTIB0003761 of Axis Bank for its branch located in Sikkim, within the district of Pakyong in the state of Sikkim.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003761 |
| Branch | Pakyong |
| City | Sikkim |
| District | Pakyong |
| State | Sikkim |
| Address | First Floor, Premises Of Nakul Chettri,Pakyong Gangtok Road |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Sikkim for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003761 for the Pakyong 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, along with Axis Bank located in Pakyong, Sikkim, Sikkim, are given a unique IFSC like UTIB0003761 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sikkim.
- 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 Sikkim and Pakyong.
- 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 Pakyong goes to the correct branch. This is important because Axis Bank has thousands of branches in Sikkim and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0003761
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): 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 Pakyong in Sikkim.
For example, the IFSC Code UTIB0003761 of Axis Bank for the Pakyong branch includes these elements, identifying the bank and the branch location in Sikkim and Sikkim accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003761 of Axis Bank for its Pakyong branch located in Sikkim, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Sikkim and Pakyong, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Pakyong or Sikkim to get the exact IFSC Code UTIB0003761.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Sikkim, you'll get the correct details.
How to Use IFSC Code UTIB0003761 for Online Transfers?
Once you have the IFSC Code UTIB0003761 for the Pakyong branch of Axis Bank in Sikkim, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003761. 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 UTIB0003761.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Pakyong in Sikkim, 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 Pakyong, 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 Sikkim manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003761.
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 First Floor, Premises Of Nakul Chettri,Pakyong Gangtok Road located in Sikkim, Pakyong, Sikkim.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
