It is very important to find IFSC code UTIB0005989 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify UTIB0005989 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
UTIB0005989 is the IFSC Code for Mohali Currency Chest branch of Axis Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Axis Bank account. The address of Mohali Currency Chest branch is Axis bank ltd, ground floor situated at plot 136, sector 82, jlpl, mohali sas nagar dist sas nagar, which is located in Sas Nagar Mohali District of Punjab State.
In Axis Bank IFSC Code, the first 4 characters (UTIB) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (005989) represent the Axis Bank branch code.