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 Renukoot branch in Sonbhadra, Renukoot, Uttar Pradesh, 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 Sonbhadra or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code UTIB0001880. 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, Renukoot, Sonbhadra

The table below shows the main details of the IFSC Code UTIB0001880 for the Axis Bank branch in Sonbhadra, which falls under the Renukoot district in Uttar Pradesh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001880
Branch Renukoot
City Sonbhadra
District Renukoot
State Uttar Pradesh
Address Ground Floor,Narendra Complex, Pl No 207,Village Jokahi,Shivapark, Varanasi Shakti Nagar Highway,Renukoot, Tehsil Dudhi,Dist Sonbhadra, Uttar Pradesh, Pin 231217

These details helps users in online banking and for businesses and individuals who use Axis Bank in Sonbhadra for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001880 for the Renukoot 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0001880 is given to every bank branch, including Axis Bank located in Renukoot, Sonbhadra, Uttar Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Sonbhadra.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Sonbhadra and Renukoot.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Renukoot doesn't end up at another location.

Format of the IFSC Code UTIB0001880

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 Renukoot in Sonbhadra.

For example, the IFSC Code UTIB0001880 of Axis Bank for the Renukoot branch includes these elements, identifying the bank and the branch location in Sonbhadra and Uttar Pradesh correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001880 of Axis Bank for its Renukoot branch located in Sonbhadra, 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 Sonbhadra and Renukoot, 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 Renukoot or Sonbhadra to get the exact IFSC Code UTIB0001880.

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 Sonbhadra, you'll get the correct details.

How to Use IFSC Code UTIB0001880 for Online Transfers?

If you have the IFSC Code UTIB0001880 for the Renukoot branch of Axis Bank in Sonbhadra, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001880. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0001880.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Renukoot in Sonbhadra, it 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 Renukoot, 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 Sonbhadra manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Renukoot, Sonbhadra?

The IFSC Code is UTIB0001880.

Is the IFSC Code UTIB0001880 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 Renukoot?

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 Renukoot branch?

The address of the branch is Ground Floor,Narendra Complex, Pl No 207,Village Jokahi,Shivapark, Varanasi Shakti Nagar Highway,Renukoot, Tehsil Dudhi,Dist Sonbhadra, Uttar Pradesh, Pin 231217 located in Sonbhadra, Renukoot, Uttar Pradesh.

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.