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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Jawahar Nagar branch in Srinagar, Srinagar, or Jammu And Kashmir, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Srinagar or anywhere in Jammu And Kashmir can transfer funds instantly by using the correct IFSC Code UTIB0004980. 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, Jawahar Nagar, Srinagar
Here are the main details that are associated with the IFSC Code UTIB0004980 of Axis Bank for its branch located in Srinagar, within the district of Srinagar in the state of Jammu And Kashmir.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004980 |
| Branch | Jawahar Nagar |
| City | Srinagar |
| District | Srinagar |
| State | Jammu And Kashmir |
| Address | Ground Floor And First Floor 7B 8B Jawahar Nagar Khasra No 1138 Municiple No 455 District Srinagar |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Srinagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004980 for the Jawahar Nagar branch of Axis Bank has 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 Jawahar Nagar, Srinagar, Jammu And Kashmir, are allotted a unique IFSC like UTIB0004980 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Srinagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Srinagar and Srinagar.
- 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 Jawahar Nagar reaches the right place, even though there are thousands of branches in Jammu And Kashmir and across India.
Format of the IFSC Code UTIB0004980
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jawahar Nagar in Srinagar.
For example, the IFSC Code UTIB0004980 of Axis Bank for the Jawahar Nagar branch has these elements, identifying the bank and the branch location in Srinagar and Jammu And Kashmir correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004980 of Axis Bank for its Jawahar Nagar branch located in Srinagar, 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 Srinagar and Srinagar, 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 Jawahar Nagar or Srinagar to get the exact IFSC Code UTIB0004980.
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 Srinagar, you'll get the correct details.
How to Use IFSC Code UTIB0004980 for Online Transfers?
Once you have the IFSC Code UTIB0004980 for the Jawahar Nagar branch of Axis Bank in Srinagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004980. 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 UTIB0004980.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Jawahar Nagar in Srinagar may result in delayed or failed transactions.
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 Jawahar Nagar, 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 Srinagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jawahar Nagar Srinagar branch is UTIB0004980.
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 Ground Floor And First Floor 7B 8B Jawahar Nagar Khasra No 1138 Municiple No 455 District Srinagar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.