IFSC Code of Axis Bank, Sonepur, Sonepur, Odisha- UTIB0001712

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 Sonepur branch in Sonepur, Sonepur, Odisha, 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 Sonepur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0001712. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Sonepur, Sonepur

Here are some of the key details that come with the IFSC Code UTIB0001712 of Axis Bank for its branch located in Sonepur, within the district of Sonepur in the state of Odisha.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Sonepur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001712 for the Sonepur branch of Axis Bank plays a vital 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 Sonepur, Sonepur, Odisha, is provided a unique IFSC like UTIB0001712 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0001712

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 Sonepur in Sonepur.

For example, the IFSC Code UTIB0001712 of Axis Bank for the Sonepur branch includes these elements, identifying the bank and the branch location in Sonepur and Odisha accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001712 of Axis Bank for its Sonepur branch located in Sonepur, 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 Sonepur and Sonepur, 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 Sonepur or Sonepur to get the exact IFSC Code UTIB0001712.

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 Sonepur, you'll get the correct details.

How to Use IFSC Code UTIB0001712 for Online Transfers?

Once you have the IFSC Code UTIB0001712 for the Sonepur branch of Axis Bank in Sonepur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0001712. 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 UTIB0001712.

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