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 Kadma branch in Singhbhum, Jamshedpur, Jharkhand, 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 Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0005596. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Kadma, Singhbhum
Here are the key points that are associated with the IFSC Code UTIB0005596 of Axis Bank for its branch located in Singhbhum, within the district of Jamshedpur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005596 |
| Branch | Kadma |
| City | Singhbhum |
| District | Jamshedpur |
| State | Jharkhand |
| Address | D P Tower, Ground Floor, Bhatia Basti Chowk, Near Durgabari, Kadma, Jamshedpur |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005596 for the Kadma branch of Axis Bank plays a vital 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 Kadma, Singhbhum, Jharkhand, are allotted a unique IFSC like UTIB0005596 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Singhbhum.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Singhbhum and Jamshedpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Kadma reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code UTIB0005596
The format of the IFSC Code for banks, including Axis Bank, has 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 Kadma in Singhbhum.
For example, the IFSC Code UTIB0005596 of Axis Bank for the Kadma branch includes these elements, identifying the bank and the branch location in Singhbhum and Jharkhand correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0005596 of Axis Bank for its Kadma branch located in Singhbhum, 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 Singhbhum and Jamshedpur, 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 Kadma or Singhbhum to get the exact IFSC Code UTIB0005596.
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 Singhbhum, then it will provide you proper information.
How to Use IFSC Code UTIB0005596 for Online Transfers?
Once you have the IFSC Code UTIB0005596 for the Kadma branch of Axis Bank in Singhbhum, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005596. 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 UTIB0005596.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Kadma in Singhbhum may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Kadma, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Singhbhum manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kadma Singhbhum branch is UTIB0005596.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at D P Tower, Ground Floor, Bhatia Basti Chowk, Near Durgabari, Kadma, Jamshedpur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
