Select Branch for Axis Bank in Kolkata, West Bengal
Choose a branch to view IFSC code and details
Ajc Bose Road
UTIB0005665
GROUND FLOOR,225 C,AJC BOSE ROAD NEAR PARK PRIME HOTEL,PO AJC BOSE ROAD DIST KOLKATA
Akanksha More Rajarhat
UTIB0004480
GR FLOOR PLOT NO 2 C 1 UNIT NO AST 001 ACTION AREA 11 C RAJARHAT AKANKHA MORE NEW TOWN 700161
Akra Fatak, Kolkata
UTIB0001926
GROUND & FIRST FLOOR,W-197/A, S.A.FAROOQUIE ROAD,AKRA FATAK, KOLKATA,WEST BENGAL,PIN 700018
B L Saha Road
UTIB0005591
BUILDING NAME NIJO NEER,154 A, BL SHAH ROAD, PO NEW ALIPORE, PS BEHALA, DISTRICT KOLKATA
B T Road
UTIB0005805
GROUND AND FIRST FLOOR, 36C, BT ROAD, OM TOWER, OPPOSITE RABINDRA BHARATI UNIVERSITY
Badu
UTIB0005265
1 BY Y THAKURPUKUR ROAD, ITKHOLA, BADU, MADHYAMGRAM, BARASAT, WEST BENGAL, NORTH 24 PARGANAS
Baghajatin
UTIB0004161
RENU VILLA FIRST FLOOR 17 S C MALLICK ROAD BAGHAJATIN PO BAGHAJATIN PS PATULI KOLKAT 700086
Baghbazar
UTIB0005588
GROUND AND 1ST FLOOR, 2A, NAYAN KRISHNA SHAH LANE
Baguiati
UTIB0000026
MANGALIK, H/H-19/1, VIP ROAD BAGUIATI.
Bakultala
UTIB0005442
GROUND AND FIRST FLOOR 32 BIREN ROY ROAD OPP BIDYA BHARATI SCHOOL PO SARSUNA PS PARNASREE
Ballygunj Phari
UTIB0003707
GR.FLOOR,PRESIDENCY COURT, 55 GARIHAT ROAD, KOLKATA 700019
Bangur
UTIB0003436
GR FLR DESTINY VILLA 270 BLOCK A BANGUR AVENUE PO BANGUR PS LAKE TOWN WEST BENGAL KOLKATA 700055
Barasat
UTIB0001695
35/B JESSORE ROAD, BARASAT, DIST.NORTH 24 PARGANAS, WEST BENGAL PIN 700124
Barisha
UTIB0006131
GROUND FLOOR,8 1 1 K K ROY CHOWDHURY ROAD,PO BARISHA,PS THAKURPUKUR,KOLKATA
Bbd Bagh
UTIB0001138
64A, HEMANTA BASU SARANI,NEAR STEPHEN HOUSE, BBD BAGH,KOLKATA, WEST BENGAL , PIN 700001
Behala
UTIB0000034
76/69 DIAMOND HARBOUR ROAD BEHALA CHOWRASTA
Belghoria
UTIB0001229
BELGHORIA,75/2 FEEDER ROAD, KOLKATA-700056
Beliaghata
UTIB0001783
FIRST FLOOR, 13B, SURESH CHANDRA BANERJEE ROAD, KOLKATA, WEST BENGAL, PIN 700010
Bentinck Street
UTIB0003206
FIRST FLOOR 85 BENTICK STREET BOWBAZAR KOLKATA WEST BENGAL PIN 700001
BhawaniPur
UTIB0005419
GROUND FLOOR, 4A, SHAMBHU NATH PANDIT STREET, KEDIA HOUSE, LANDMARK GOL HANUMAN MANDIR
BidhanNagar
UTIB0004545
GC 190 SECTOR 3 BIDHANNAGAR
Birati
UTIB0003865
GR AND 1ST FLOOR,HOUSE NO.184,176 JESSORE RD,PO AND PS AIRPORT, DUM DUM MUNICIPALITY, N 24 PGS, KOL 81
Brabourne Road
UTIB0002184
GROUND & FIRST FLOORS, 3/1/2, ARMENIAN STREET (BRABOURNE ROAD), P.S. BURRABAZAR, KOLKATA, DIST.KOLKATA, WEST BENGAL, PIN 700001
Burra Bazar [kolkata]
UTIB0000277
4A CHAITAN SETT STREET KOLKATA
C N Roy Road
UTIB0004551
GROUND FLOOR 28 5 C N ROY ROAD TILJALA KOLKATA 700039
Central Avenue, Kolkata
UTIB0000870
31 A & B, TARA CHAND DUTT STREET KOLKATA, WEST BENGAL PIN 700073
Chandni Chowk
UTIB0004531
GROUND FLOOR HOUSE NO 8 BARICK BHAWAN CR AVENUE BESIDE EMALL PO PRINCEP ST PS BOWBAZAR
Charu Market
UTIB0002778
GR FIRST FLOOR MERLIN MANOR 32 DESHPRAN SASMAL ROAD TOLLYGUNGE KOLKATAWEST BENGAL PIN 700033
Chatterjeehat Howrah
UTIB0003945
GR FLOOR,71 SARAT CHATTERJEE RD WARD NO 41,PO CHATTERJEEHAT,PS CHATTERJEEHAT,KOL 711104
Chetla
UTIB0002793
FIRST AND 2ND FLR 296C CHETLA CENTRAL ROAD WARD NO 82 CHETLA KOLKATA 700027
Chinarpark
UTIB0003598
GR FLR HOLDING NO AS306BLF1213ATGHARA 211 ROAD PHOOLTALACHINAR P NORTH 24 PGNSW BENGAL KOLKATA 700136
Chowringhee Kolkata
UTIB0005146
KANAK BUILDING, 41, CHOWRINGHEE ROAD
Cit Road Kolkata [west Bengal]
UTIB0000161
2 / 1 / 4, DEB LANE KOLKATA
Cossipore
UTIB0005723
GROUND FLOOR, 19, BT ROAD, PO COSSIPORE
Dakshineswar
UTIB0001507
JIBAN KUNJA, 48/1F, R N TAGORE ROAD , DAKSHINESWAR, KOLKATA, WEST BENGAL , PIN 700076
Dalhousie Square Branch
UTIB0000153
MUKTI CHAMBERS,GROUND FLOOR, 4 CLIVE ROW,
Downtown Mall
UTIB0005347
GROUND FLOOR, DOWNTOWN MALL, SHOP NO 0004, ACTION AREA III, PO AND PS NEW TOWN
Dum Dum [kolkata]
UTIB0000284
7B MOTIJHEEL AVENUE PO MOTIJHEEL, DUM DUM,
Dunlop (kolkata)
UTIB0000236
SHREE TOWERS, 101A/1, BARRACKPORE TRUNK ROAD
East Zonal Office - Ezo
UTIB0000144
1ST FLOOR, 5, SHAKESPEARE SARANI, KOLKATA 700 071) (ADDITIONAL SPACE TAKEN ON 19.10.2006 - NAGALAND HOUSE COMMERCIAL COMPLEX, 7TH FLOOR, 11, SHAKESPEARE SARANI, KOLKATA 700071, WEST BENGAL
Elliot Road Branch
UTIB0004704
GROUND├╜FLOOR ARRJAVV SQUARE ELLIOT ROAD PO PARK STREET PS PARK STREET
Emami City
UTIB0005330
GROUND AND FIRST FLOOR, 1 OR 2, N C SEN AVENUE COMPLEX, RAJA PALACE, JESSORE ROAD, OPP EMAMI CITY HOUSING
Entally Branch
UTIB0002785
FOMRA TOWERS 84 A AJC BOSE ROAD KOLKATA 700014
Ganesh Chandra Avenue, Kolkata
UTIB0000836
INDIA HOUSE 69, GANESH CHANDRA AVENUE KOLKATA, WEST BENGAL, PIN 700013
Garia (south Kolkata)
UTIB0000232
37, RAJA SUBODH CHANDRA MULLICK ROAD KOLKATA
Gariahat
UTIB0005563
INDU 1 8,DOVER LANE,LANDMARK GARIAHAT POLICE STATION,PO SARAT BOSE ROAD,PS GARIAHAT PS
Ghatakpukur
UTIB0005187
GROUND FLOOR, JL NO100, RS NO 18, RS KHATIAN NO 948, RS DAG NO 1499, PO B GOBINDAPUR, PS BHANGAR, SOUTH 24 PARGANAS
Girish Park
UTIB0005749
GROUND FLOOR, 54, VIVEKANANDA ROAD
Golpark
UTIB0000011
20,GARIAHAT ROAD GOLPARK
Gp Block Saltlake Sector V Branch
UTIB0004378
PLOTJ2 BLOCK GP SEC V OPP SRIJAN CORPORATE PARK KOLKATA 711201
Hare Street
UTIB0004107
GROUND FLOOR 3A HARE STREET ASHOKA HOUSE NEAR BAKSHALL COURT KOLKATA 700001
HaridevPur
UTIB0002635
GROUND AND FIRST FLOOR 463 MAHATMA GANDHI ROAD KOLKATA 700082
Harish Mukherjee Road
UTIB0002756
GROUND FLOOR HAPPY PRESTIGE 82 HARISH MUKHERJEE ROADPS BHOWANIPORE KOLKATA PIN 700026
Hatibagan
UTIB0005408
GROUND FLOOR AND FIRST FLOOR,143 1,BIDHAN SARANI,LANDMARK OPP TO STAR THEATRE
Hazra
UTIB0005854
GROUND FLOOR FIRST FLOOR, 39 A, HAZRA ROAD, PO BALLYGUNJ, PS BALLYGUNJ, DISTRICT KOLKATA
JadavPur
UTIB0001607
GROUND & FIRST FLOOR, 55A/1, JADAVPUR CENTRAL ROAD, KOLKATA, WEST BENGAL, PIN 700032
JodhPur
UTIB0005230
GROUND FLOOR AND FIRST FLOOR, 1 OR 383, GARIAHAT ROAD SOUTH, JODHPUR PARK, PS LAKE THANA, PO JODHPUR PARK
Kalindi
UTIB0004023
GRD FLR, PLOT NO.99, KALINDI HOUSE ESTATE, DIST NORTH, 24 PARGANAS 700089
Kamarhati
UTIB0004312
GR FLR HOLDING F176 1 BT RD SHIBALAYA PO KAMARHATI PS BELGHORIA OPP SAGAR DUTTA HOSPITAL 700058
Kankurgachi
UTIB0000017
P-35, CIT ROAD, SCHEME VII (M) MANICKTALA MAIN ROAD, KOLKATA
KestoPur
UTIB0002984
GR FL BAZAR RAJBANSHI PARA NO 35 KRISHNAPUR RD M KRISHNAPUR 180 RSKHATIANPS BAGUIATI DIST 24 700102
Khadina More Chinsurah
UTIB0004182
GROUND FLOOR JL NO 17 CHINSURAH STATION ROAD LAND MARK MUKHERJEE BAGAN PO CHINSURAH DIST HUGLI WB 712102
Khanna
UTIB0005235
GROUND AND FIRST FLOOR, HIMADRI TOWER, 242 1 AND 242 1 1 ACHARYA PRAFULLA CHANDRA ROAD
Khardaha
UTIB0001356
MAA SARADA APARTMENT,21/19, B.T. ROAD , KHARDAHA,P.O & P.S: KHARDAHA,WEST BANGAL, PIN 700117.
Khidderpore
UTIB0002683
GROUND AND FIRST FLOOR ASHOK ENCLAVE 69 KHIDDERPORE KOLKATA WEST BENGAL PIN 700023
Kolkata Branch
UTIB0000005
7, SHAKESPEARE SARANI KOLKATA
Kolkata Corporate Banking Branch
UTIB0001164
AC MARKET BUILDING, 3RD FLOOR, 1 SHAKESPEARE SARANI, KOLKATA - 700 071
Kudghat
UTIB0004005
GR FLR 171 CHANDI GHOSH ROAD,NEAR KUDGHAT METRO STATION,KOLKATA,WEST BENGAL 700040
Lake Garden
UTIB0003150
GROUND FORST FLOOR 2341 PRINCE ANWAR SHAH ROAD LAKE GARDEN KOLKATA700045
Lake Town,kolkata(west Bengal)
UTIB0000191
MANSHA BARI, P-249 LAKE TOWN BLOCK B, KOLKATA
Lansdowne
UTIB0002545
GROUND AND FIRST FLOOR,81A SARAT BOSE ROAD,MERLIN ASTER,KOLKATA,WEST BENGAL,PIN 700026
Lenin Sarani
UTIB0002261
GROUND FLOOR, 150 LENIN SARANI, IN FRONT OF KOLKATA GIRL, KOLKATA, PIN-700013
Loknath Mandir
UTIB0006122
GROUND FLOOR,TWIN TOWER,169 12 13,RAJARHAT ROAD,DISTRICT NORTH 24 PARGANAS
Madurdaha
UTIB0003107
AMBALIKA PREMISES NO 346 HOSSENPUR WARD NO 108 BOROUGH NOXII KOLKATA 700107
Mahatma Gandhi Road
UTIB0005713
GROUND FLOOR, VINAYAK LANDMARK, 149, MG ROAD, PO BURRABAZAR, PS JORASANKO, DISTRICT KOLKATA
Manicasadona
UTIB0005213
UPPER GROUND FLOOR, UNIT NO R2 MANICASADONA, 11F, 04, STREET NUMBER 372, ACTION AREA I, 11F NEW TOWN
Maniktala
UTIB0001743
212, VIVEKANANDA ROAD, 1 ST FLOOR, KOLKATA WEST BENGAL, PIN 700006
Manoharpukur
UTIB0005310
GROUND FLOOR AND FIRST FLOOR, 144, SARAT BOSE ROAD, NEAR RAMKRISHNA MISSION SEVA PRATISTHAN HOSPITAL
Manton (kolkata
UTIB0000721
538, DIAMOND HARBOUR ROAD KOLKATA 700034, WEST BENGAL
Metiabruz
UTIB0002046
J-142,PAHARPUR ROAD,KOL-700024
Metropolitan
UTIB0002783
GR AP11BCANAL STREET SOUTH ROADPS METROPOLITANSOUTH 24 PARGANASWEST BENGAL PIN 700105
MominPur
UTIB0006045
GROUND AND FIRST FLOOR, 54 DIAMOND HARBOUR ROAD
NarayanPur Kolkata
UTIB0004872
GR FLR, HOLDING NO 123, MONIKHOLA, NARAYANPUR, PO RAJARHAT GOPALPUR, PS NARAYNAPUR
Narkeldanga
UTIB0002597
GROUND FLOOR SHOP NO 2 3 AND 4 74 1 NARKELDANGA MAIN ROAD PIN 700054
New Alipore [kolkata]
UTIB0000351
60, BANKIM MUKHERJEE SARANI NEW ALIPORE
New Barrackpore
UTIB0001656
BASUDHA APARTMENT, 33 & 35 A.P.C. ROAD, NEW BARRACKPORE, PS GHOLA, DIST. NORTH 24 PARGANAS, WEST BENGAL, PIN 700131
New Garia
UTIB0001482
25, SRINAGAR MAIN ROAD , NEW GARIA, DIST. SOUTH 24 PARGANAS, KOLKATA, WEST BENGAL , PIN 700094
New Market
UTIB0005165
GR AND MEZZANINE FLOOR, WACHEL MOLLA MANSION, 8 LENIN SARANI, OPP GAJKUMAR GRAND SONS, PO DHARMATALA
P C Sarani New Alipore
UTIB0005587
THE SIGNATURE, 70 1 PRAMATHA CHOWDHURY SARANI, LAND MARK NEW ALIPORE PETROL PUMP
Paddapukur
UTIB0001311
58-B, PADDAPUKUR ROAD ,KOLKATA, WEST BENGAL , PIN 700020
Pallisree
UTIB0002938
6 2 BIJOYGARHOPP SBI ATM KOLKATA 700032
Park Circus
UTIB0002082
GROUND AND FIRST FLOOR, 45,JHAWTALA ROAD, ON SYED AMIR ALI AVENUE, KOLKATA,DIST.KOLKATA, WEST BENGAL,PIN 700019
Park Street
UTIB0002780
GR MEZZANINE FLOOR 12PARK STREET KOLKATA WEST BENGAL PIN 700016
Parnasree Pally
UTIB0004141
GRND FRT FLR 16 PARNASREE PALLY ROAD NO 2 NEAR PARNASREE CLUB VOLLY BALL GROUND PO PARNASREE PALLY PS PARNASREE
Phoolbagan
UTIB0005975
GROUND FLOOR,P 336,SWAMI SWARUPANANDA SARANI,PO PHOOLBAGAN,PS MANIKTALA,DIST KOLKATA
Poddar Court
UTIB0005080
GR FLOOR, 1,LU SHUN SARANI, WARD NO43, NEAR PODDAR COURT, PO BOWBAZAR, PS HARE STREET, KOLKATA700073
Posta
UTIB0002940
17A RATAN SARKAR GARDEN LANE KOLKATA 700007
Prince Anwar Shah Road,kolkata
UTIB0000255
CITY HIGH 85 PRINCE ANWAR SHAH ROAD
R N Mukherjee Road
UTIB0005090
GROUND FLOOR, SB MANSION, 16, RN MUKHERJEE ROAD, BESIDE BANDHAN BANK, GPO, PS HARE STREET
Rahara Bazar Khardah
UTIB0006143
GROUND FLOOR, 3 331, OLD CALCUTTA ROAD, OPPOSITE TO DOMINOS, RAHARA
Raja Ram Mohan Roy Road
UTIB0001562
65, RAJA RAMMOHAN ROY ROAD, SUNITI TOWERS, BLOCK B EXTENSION, PS THAKURPUKUR, KOLKATA, WEST BENGAL, PIN 700082
Rashbehari Avenue (kolkata)
UTIB0000253
41 B, RASHBEHARI AVENUE
Rodkol
UTIB0001884
GROUND AND FIRST FLOOR,177,JESSORE ROAD, SHYAMNAGAR,RODKOL,DUMDUM,KOLKATA, DIST.NORTH 24 PARGANAS, WEST BENGAL,PIN 700055
Roy Bahadur Road
UTIB0005441
21 A,ROY BAHADUR ROAD,LANDMARK 14 NO BUS STAND,PO BEHALA,PS BEHALA
Ruby Park
UTIB0002045
AXIS BANK LTD,KASBA,RUBY PARK THE CHAMBERS,GR FLOOR, 1865 RAJDANGA MAIN ROAD, KOLKATA-700107
Sakher Bazar
UTIB0005721
GR FF FLR, PREMISES NO 54, SANTOSH ROY ROAD, JAMES LONG SARANI CROSSING, PO BARISHA, KOLKATA
Salt Lake City -kolkata
UTIB0000025
BD-20, SECTOR I, SALT LAKE CITY
Salt Lake Sector Ii
UTIB0001707
BJ-110, SECTOR II, NEAR 206 BUS STAND, SALTLAKE CITY, KOLKATA, DIST. NORTH 24 PARGANAS, WEST BENGAL, PIN 700091
Salt Lake Sector One
UTIB0005020
GROUND FLOOR,BB 31,1ST AVENUE,LANDMARK PUNJAB NATIONAL BANK,PO BIDHANNAGAR NORTH,DISTRICT NORTH 24 PARGANAS, WEST BENGAL
Salt Lake, Sector Iii, Kolkata
UTIB0000775
IB 201, SECTOR III SALT LAKE, KOLKATA 700106 WEST BENGAL
SantoshPur Avenue Battala Po SantoshPur
UTIB0004441
GR FLR HOUSE NO 59 SANTOSHPUR AVENUE BATTALA PO SANTOSHPUR PS PURBA JADAVPUR 700075
Sarat Bose Road Branch
UTIB0000411
SARAT BOSE ROAD LANSDOWN TOWERS,2/1A SARAT BOSE ROAD
Sarsuna
UTIB0005004
GROUND FIRST FLOOR, 4110 SARSUNA MAIN ROAD, OPPOSITE CALCUTTA TELEPHONE OFFICE, SARSUNA
Sealdah
UTIB0002634
GROUND AND FIRST FLOOR 56 2 APC ROADTIRUSHIVAM BUILDING PO AND PS AMHERST ST KOLKATA 700009
Service Br (kolkata)
UTIB0000141
5 SHAKESPEARE SARANI
Shakuntala Park
UTIB0002636
GROUND FLOOR MERLIN EMERALD 183 BIREN ROY ROAD P S THAKURPUKUR KOLKATA 700061
Shyambazar (calcutta)
UTIB0000084
126A, BIDHAN SARANI SHYAMBAZAR
Silpara Behala
UTIB0004234
GROUND FLOOR 105 DIAMOND HARBOUR ROAD NEAR BHAJAN ASHRAM PO BARISHA PS THAKURPUKUR 700008
Sinthee
UTIB0002757
GROUND FLOOR BINAYAK ENCLAVE 59 KALICHARAN GHOSH ROAD PS BARANAGAR KOLKATA PIN 700050
SodePur Ghola
UTIB0001561
348, BARASAT ROAD, GHOLA BAZAR, P.S. GHOLA, KOLKATA, DIST. NORTH 24 PARGANAS, WEST BENGAL, PIN 700111
Sovabazar
UTIB0001626
GROUND & FIRST FLOOR, 134B, AKSHAY KUMAR DUTTA SARANI, KOLKATA, WEST BENGAL, PIN 700006
Strand Road
UTIB0005847
GROUND FLOOR, DECON MERCANTILE BUILDING, 38 STRAND ROAD
Survey Park
UTIB0001143
GROUND & 1ST FLOOR, C - 194, SURVEY PARK, SANTOSHPUR, OPP : KISHORE BHARATI STADIUM, PS : EAST JADAVPUR, KOLKATA - 700 075.
Teaboard
UTIB0005103
GROUND FLOOR, 9, BRABOURNE ROAD
Thakurpukur
UTIB0001883
GROUND AND FIRST FLOOR,308/1A, DIAMOND HARBOR ROAD,THAKURPUKUR, KOLKATA,WEST BENGAL, PIN 700063
Tollygunge
UTIB0000045
207 N S C BOSE ROAD TOLLYGUNGE
Tollygunge Metro
UTIB0005409
54, NSC BOSE ROAD, PO REGENT PARK, PS REGENT PARK
Topsia
UTIB0002759
GR FLOOR ARIHANT BENCHMARK 113F MATHESWARTALA ROAD
Triangular Park
UTIB0004906
GROUND AND FIRST FLOOR, 92, 1, B JATIN DAS ROAD
Ultadanga
UTIB0003440
GR FLR P192 CIT RD SCHEME VII M OPP SONY CENTER ULTADANGA MAIN RD WEST BENGAL KOLKATA 700067
Vivekananda Road
UTIB0001574
38, VIVEKANANDA ROAD, P.S. GIRISH PARK, KOLKATA, WEST BENGAL, PIN 700007
What are Axis Bank IFSC Codes?
The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.
The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.
How to Read the Structure of the Axis Bank IFSC Code
The IFSC code is an 11-character code consisting of three distinct elements:
- First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
- Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
- Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.
Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.
How to Locate an Axis Bank IFSC Code
Locating an IFSC code is relatively straightforward and can be done using any of the following methods:
- Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
- Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
- Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
- Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
- Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
- RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.
Importance of IFSC Code in Fund Transfers
The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:
- NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
- RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
- IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
- Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.
Benefits of Using IFSC Code
Here are the main benefits of IFSC codes you must know:
- Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
- Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
- Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.
Procedure to Perform Axis Bank Fund Transfer Using IFSC Code
Fund transfer using an IFSC code is a simple yet vital process:
- Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
- Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
- Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
- Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
- Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.
How to Open a Axis Bank Bank Account
Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:
Eligibility Criteria
- Any citizen over 18 years old is eligible to open a bank account.
- In the case of minors, parents or guardians can open an account on their behalf.
- Non-residents are also eligible, provided they fulfill certain conditions established by the banks.
Required Documents
- Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
- Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
- PAN Card: A PAN card is required for tax compliance.
- Passport Size Photographs: Usually, two to three recent photographs are needed.
- Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.
Process to Open an Account
- Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
- Fill Out the Form: Complete the account opening form with your personal information.
- Submit Documents: Provide documents verifying your identity and address.
- Initial Deposit: Make an initial deposit if required by the specific type of account.
- Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
- Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.
Loan EMI Calculator: Importance and Types
For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.
Loan Calculators
- Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
- Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
EMI Calculators
- EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 Years: Estimates returns over a 15-year period.
- PPF Calculator 30 Years: Projects returns over a 30-year period.
Conclusion
An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.
Frequently Asked Questions (FAQs)
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.
The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.
You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.
Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.
In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.
No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.
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