For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Kharani Industrial Area branch in Alwar, Gadpur, Rajasthan, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Alwar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0005344. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Kharani Industrial Area, Alwar
Here are the main details that are associated with the IFSC Code UTIB0005344 of Axis Bank for its branch located in Alwar, within the district of Gadpur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005344 |
| Branch | Kharani Industrial Area |
| City | Alwar |
| District | Gadpur |
| State | Rajasthan |
| Address | Ground Floor Khata No 120 Opposite Ashirwad Pipes In Khasra No 3 Village Gadpur Teh Tapukara |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Alwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005344 for the Kharani Industrial Area branch of Axis Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Kharani Industrial Area, Alwar, Rajasthan, is provided a unique IFSC like UTIB0005344 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Alwar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Alwar and Gadpur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Kharani Industrial Area do not get misguided to another person.
Format of the IFSC Code UTIB0005344
The format of the IFSC Code for banks, including Axis Bank, follows 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 Kharani Industrial Area in Alwar.
For example, the IFSC Code UTIB0005344 of Axis Bank for the Kharani Industrial Area branch includes these elements, identifying the bank and the branch location in Alwar and Rajasthan accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005344 of Axis Bank for its Kharani Industrial Area branch located in Alwar, 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
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Alwar and Gadpur, print them 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 Kharani Industrial Area or Alwar to get the exact IFSC Code UTIB0005344.
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 Alwar, you'll get the correct details.
How to Use IFSC Code UTIB0005344 for Online Transfers?
Once you have the IFSC Code UTIB0005344 for the Kharani Industrial Area branch of Axis Bank in Alwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005344. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0005344.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Kharani Industrial Area in Alwar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Kharani Industrial Area, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Alwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005344.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Khata No 120 Opposite Ashirwad Pipes In Khasra No 3 Village Gadpur Teh Tapukara located in Alwar, Gadpur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.