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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Keshawnagar branch in Surajpur, Surajpur, Chhattisgarh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Surajpur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0004955. 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, Keshawnagar, Surajpur
The table below shows the main details of the IFSC Code UTIB0004955 for the Axis Bank branch in Surajpur, which falls under the Surajpur district in Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004955 |
| Branch | Keshawnagar |
| City | Surajpur |
| District | Surajpur |
| State | Chhattisgarh |
| Address | Ground Floor, Mg Road, Po Bishrampur, Dist Surajpur Ps Keshawnagar, Chattisgarh |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Surajpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004955 for the Keshawnagar 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Keshawnagar, Surajpur, Chhattisgarh, are allotted a unique IFSC like UTIB0004955 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Surajpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Surajpur and Surajpur.
- 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 Keshawnagar reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code UTIB0004955
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 Keshawnagar in Surajpur.
For example, the IFSC Code UTIB0004955 of Axis Bank for the Keshawnagar branch includes these elements, identifying the bank and the branch location in Surajpur and Chhattisgarh accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0004955 of Axis Bank for its Keshawnagar branch located in Surajpur, 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 Surajpur and Surajpur, 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 Keshawnagar or Surajpur to get the exact IFSC Code UTIB0004955.
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 Surajpur, then it will provide you proper information.
How to Use IFSC Code UTIB0004955 for Online Transfers?
Once you have the IFSC Code UTIB0004955 for the Keshawnagar branch of Axis Bank in Surajpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004955. 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 UTIB0004955.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Keshawnagar in Surajpur, 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 Keshawnagar, 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 Surajpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004955.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Mg Road, Po Bishrampur, Dist Surajpur Ps Keshawnagar, Chattisgarh located in Surajpur, Surajpur, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
