There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Bagaha branch in West Champarna, Bagaha, Bihar, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in West Champarna or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code UTIB0003417. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Bagaha, West Champarna
Here are some of the key details that come with the IFSC Code UTIB0003417 of Axis Bank for its branch located in West Champarna, within the district of Bagaha in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003417 |
| Branch | Bagaha |
| City | West Champarna |
| District | Bagaha |
| State | Bihar |
| Address | Bank Rd Bagaha Bazar West Champaran Bagaha |
These details help users in online banking and for businesses and individuals who use Axis Bank in West Champarna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003417 for the Bagaha branch of Axis Bank has a very 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 Bagaha, West Champarna, Bihar, are given a unique IFSC like UTIB0003417 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in West Champarna.
- 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 West Champarna and Bagaha.
- 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 Bagaha goes to the correct branch. This is important because Axis Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0003417
The format of the IFSC Code for banks, including Axis Bank, has 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 Bagaha in West Champarna.
For example, the IFSC Code UTIB0003417 of Axis Bank for the Bagaha branch includes these elements, identifying the bank and the branch location in West Champarna and Bihar correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003417 of Axis Bank for its Bagaha branch located in West Champarna, 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 West Champarna and Bagaha, 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 Bagaha or West Champarna to get the exact IFSC Code UTIB0003417.
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 West Champarna, you'll get the correct details.
How to Use IFSC Code UTIB0003417 for Online Transfers?
Once you have the IFSC Code UTIB0003417 for the Bagaha branch of Axis Bank in West Champarna, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003417. 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 UTIB0003417.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Bagaha in West Champarna may result in delayed or failed transactions.
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 Bagaha, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in West Champarna manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bagaha West Champarna branch is UTIB0003417.
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 Bank Rd Bagaha Bazar West Champaran Bagaha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
