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 Ramanujganj branch in Surguja, Ramanujganj, Chhattisgarh, 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 Surguja or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0003217. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Ramanujganj, Surguja
The table below shows the main details of the IFSC Code UTIB0003217 for the Axis Bank branch in Surguja, which falls under the Ramanujganj district in Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003217 |
| Branch | Ramanujganj |
| City | Surguja |
| District | Ramanujganj |
| State | Chhattisgarh |
| Address | Ground First Floor 887 Sbi Road Ramanujganj Balrampur Chattishgarh Pin 497220 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Surguja for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003217 for the Ramanujganj 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0003217 is given to every bank branch, including Axis Bank located in Ramanujganj, Surguja, Chhattisgarh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Surguja.
- 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 Surguja and Ramanujganj.
- 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Ramanujganj doesn't end up at another location.
Format of the IFSC Code UTIB0003217
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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ramanujganj in Surguja.
For example, the IFSC Code UTIB0003217 of Axis Bank for the Ramanujganj branch includes these elements, identifying the bank and the branch location in Surguja and Chhattisgarh accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0003217 of Axis Bank for its Ramanujganj branch located in Surguja, 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 Surguja and Ramanujganj, 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 Ramanujganj or Surguja to find the exact IFSC Code UTIB0003217.
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 Surguja will provide accurate information.
How to Use IFSC Code UTIB0003217 for Online Transfers?
Once you have the IFSC Code UTIB0003217 for the Ramanujganj branch of Axis Bank in Surguja, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003217. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTIB0003217.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ramanujganj in Surguja, 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 Ramanujganj, 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 Surguja to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003217.
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 First Floor 887 Sbi Road Ramanujganj Balrampur Chattishgarh Pin 497220 located in Surguja, Ramanujganj, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.