Axis Bank PALASBANA Branch IFSC Code
UTIB 0003516
Axis Bank PALASBANA — SAHIBGANJ, JHARKHAND
MICR: 816211601
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Axis Bank
- Branch
- PALASBANA
- IFSC Code
- UTIB0003516
- MICR Code
- 816211601
- City
- SAHIBGANJ
- District
- PALASBANA
- State
- JHARKHAND
- Contact
- +919431777278
How to Use This IFSC Code
NEFT Transfer
Use IFSC code UTIB0003516 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code UTIB0003516.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code UTIB0003516.
IFSC Code Structure
U
T
I
B
0
0
0
3
5
1
6
- UTIB — Bank code (Axis Bank)
- 0 — Reserved (always 0)
- 003516 — Branch code (PALASBANA)
Frequently Asked Questions
Is UTIB0003516 valid for online transfer?
Yes, UTIB0003516 is a valid IFSC code for Axis Bank PALASBANA branch in SAHIBGANJ, JHARKHAND. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does UTIB0003516 belong to?
UTIB0003516 belongs to Axis Bank. The first 4 characters "UTIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Axis Bank PALASBANA is 816211601. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using UTIB0003516?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.