Use this page as a one-stop reference for everything related to Axis Bank's SHERKHAN WALA branch in FIROZPUR, PUNJAB. The branch's IFSC code UTIB0002098 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Axis Bank's SHERKHAN WALA branch, the IFSC UTIB0002098 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 002098 identifies this particular branch.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Sherkhan Wala branch in Firozpur. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0002098.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Sherkhan Wala |
| IFSC Code | UTIB0002098 |
| MICR Code | Refer to cheque leaf |
| Branch Address | POST. SHERKHAN WALA, TEHSIL & DIST. FEROZEPUR, PUNJAB, PIN 152005 |
| City | Firozpur |
| District | Ferozpur |
| State | Punjab |
Sherkhan Wala branch overview
Located at POST. SHERKHAN WALA, TEHSIL & DIST. FEROZEPUR, PUNJAB, PIN 152005, the Sherkhan Wala branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0002098 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's SHERKHAN WALA branch came to be assigned the code UTIB0002098.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0002098, money simply cannot be routed to the SHERKHAN WALA branch electronically.
Products and account variants supported
Every account opened at the Sherkhan Wala branch is mapped to IFSC UTIB0002098 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0002098.
Banking services available
The Sherkhan Wala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0002098
How to transfer money using IFSC UTIB0002098
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0002098 across all three.
NEFT to Axis Bank, SHERKHAN WALA using IFSC UTIB0002098
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0002098, and confirm that the system picks up Axis Bank – SHERKHAN WALA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UTIB0002098
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – SHERKHAN WALA, ensure your bank's portal accepts IFSC UTIB0002098 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank SHERKHAN WALA (IFSC UTIB0002098)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0002098 in your mobile or internet banking app, and the money is credited to the SHERKHAN WALA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0002098 for Axis Bank – SHERKHAN WALA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0002098 | Yes – UTIB0002098 | Yes – UTIB0002098 |
For most retail customers crediting the Sherkhan Wala branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC UTIB0002098
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – SHERKHAN WALA is still mapped to IFSC UTIB0002098. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0002098 and the beneficiary's account number to complete the transfer.
Online banking and IFSC UTIB0002098
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the SHERKHAN WALA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0002098 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR & cheque-truncation details
Cheques drawn on the Sherkhan Wala branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0002098 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC UTIB0002098
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – SHERKHAN WALA, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0002098. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Sherkhan Wala branch
The branch is located at POST. SHERKHAN WALA, TEHSIL & DIST. FEROZEPUR, PUNJAB, PIN 152005, which puts it inside Firozpur, the broader Ferozpur district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Sherkhan Wala branch” — the verified location pin for IFSC UTIB0002098 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0002098 and your account number.
Verifying IFSC UTIB0002098 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0002098 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Sherkhan Wala are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0002098 continue to work without interruption.
Branch address & contact
Axis BankSherkhan Wala Branch
POST. SHERKHAN WALA, TEHSIL & DIST. FEROZEPUR, PUNJAB, PIN 152005
Firozpur, Punjab
Phone: the branch contact number
IFSC: UTIB0002098
Frequently asked questions
Is IFSC UTIB0002098 valid for NEFT and RTGS?
Yes. IFSC UTIB0002098 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC UTIB0002098 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0002098 to send funds instantly.
How do I add Axis Bank Sherkhan Wala as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002098, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Axis Bank Sherkhan Wala branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
What is the IFSC code of Axis Bank Sherkhan Wala branch?
The IFSC code of Axis Bank, Sherkhan Wala branch is UTIB0002098. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Sherkhan Wala branch but serve different purposes.
Where is Axis Bank Sherkhan Wala branch located?
Axis Bank's Sherkhan Wala branch is located at POST. SHERKHAN WALA, TEHSIL & DIST. FEROZEPUR, PUNJAB, PIN 152005, Firozpur, Punjab.
Final notes
To recap: UTIB0002098 is the IFSC code of Axis Bank, SHERKHAN WALA branch, in FIROZPUR, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
