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 Sundargarh branch in Sundergarh, Sundargarh, or Odisha, 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 Sundergarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0000737. 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, Sundargarh, Sundergarh
The table below shows the main details of the IFSC Code UTIB0000737 for the Axis Bank branch in Sundergarh, which falls under the Sundargarh district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000737 |
| Branch | Sundargarh |
| City | Sundergarh |
| District | Sundargarh |
| State | Odisha |
| Address | Hospital Road, Pin 770001 District Sundargarh, Orissa |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Sundergarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000737 for the Sundargarh 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 UTIB0000737 is given to every bank branch, including Axis Bank located in Sundargarh, Sundergarh, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Sundergarh.
- 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 Sundergarh and Sundargarh.
- 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sundargarh doesn't end up at another location.
Format of the IFSC Code UTIB0000737
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sundargarh in Sundergarh.
For example, the IFSC Code UTIB0000737 of Axis Bank for the Sundargarh branch includes these elements, identifying the bank and the branch location in Sundergarh and Odisha accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000737 of Axis Bank for its Sundargarh branch located in Sundergarh, 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 Sundergarh and Sundargarh, 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 Sundargarh or Sundergarh to get the exact IFSC Code UTIB0000737.
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 Sundergarh, then it will provide you proper information.
How to Use IFSC Code UTIB0000737 for Online Transfers?
Once you have the IFSC Code UTIB0000737 for the Sundargarh branch of Axis Bank in Sundergarh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000737. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0000737.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Sundargarh in Sundergarh, it can 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 Sundargarh, 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 Sundergarh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sundargarh Sundergarh branch is UTIB0000737.
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 Hospital Road, Pin 770001 District Sundargarh, Orissa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.