For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Chintalnar branch in Sukma, Sukma, Chandigarh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Sukma or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code UTIB0005571. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Chintalnar, Sukma
Here are some of the key details that come with the IFSC Code UTIB0005571 of Axis Bank for its branch located in Sukma, within the district of Sukma in the state of Chandigarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005571 |
| Branch | Chintalnar |
| City | Sukma |
| District | Sukma |
| State | Chandigarh |
| Address | Ground Floor, Samudayik Bank Bhawan, Secondary Crpf Camp To Nagaram, Near Panchayat Bhawan, Po Ps Chintalnar |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Sukma for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005571 for the Chintalnar branch of Axis Bank is vital.
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 Chintalnar, Sukma, Chandigarh, are given a unique IFSC like UTIB0005571 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sukma.
- 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 Sukma and Sukma.
- 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 Chintalnar goes to the correct branch. This is important because Axis Bank has thousands of branches in Chandigarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0005571
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 Chintalnar in Sukma.
For example, the IFSC Code UTIB0005571 of Axis Bank for the Chintalnar branch has these elements, identifying the bank and the branch location in Sukma and Chandigarh correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005571 of Axis Bank for its Chintalnar branch located in Sukma, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Sukma and Sukma, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Chintalnar or Sukma to find the exact IFSC Code UTIB0005571.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Sukma will provide accurate information.
How to Use IFSC Code UTIB0005571 for Online Transfers?
Once you have the IFSC Code UTIB0005571 for the Chintalnar branch of Axis Bank in Sukma, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005571. 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 UTIB0005571.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Chintalnar in Sukma 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 Chintalnar, 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 Sukma manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005571.
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 Ground Floor, Samudayik Bank Bhawan, Secondary Crpf Camp To Nagaram, Near Panchayat Bhawan, Po Ps Chintalnar located in Sukma, Sukma, Chandigarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
