Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Lachhmangarh branch in Alwar, Lachhmangarh, or Rajasthan, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Alwar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0001267. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Lachhmangarh, Alwar
Here are the key points that are associated with the IFSC Code UTIB0001267 of Axis Bank for its branch located in Alwar, within the district of Lachhmangarh in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001267 |
| Branch | Lachhmangarh |
| City | Alwar |
| District | Lachhmangarh |
| State | Rajasthan |
| Address | Ward No.16, Aashirwad Complex,Sikar Road , Lachhmangarh, Dist. Sikar,Rajasthan, Pin 332311 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Alwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001267 for the Lachhmangarh branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Lachhmangarh, Alwar, Rajasthan, is provided with a unique IFSC like UTIB0001267 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Alwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Alwar and Lachhmangarh.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Lachhmangarh do not get mixed with another location.
Format of the IFSC Code UTIB0001267
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lachhmangarh in Alwar.
For example, the IFSC Code UTIB0001267 of Axis Bank for the Lachhmangarh branch has these elements, identifying the bank and the branch location in Alwar and Rajasthan correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001267 of Axis Bank for its Lachhmangarh branch located in Alwar, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Alwar and Lachhmangarh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Lachhmangarh or Alwar to get the exact IFSC Code UTIB0001267.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Alwar that will provide accurate information.
How to Use IFSC Code UTIB0001267 for Online Transfers?
If you have the IFSC Code UTIB0001267 for the Lachhmangarh branch of Axis Bank in Alwar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001267. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0001267.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Lachhmangarh in Alwar, it may result in delayed or failed transactions.
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 Lachhmangarh, 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 UTIB0001267.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ward No.16, Aashirwad Complex,Sikar Road , Lachhmangarh, Dist. Sikar,Rajasthan, Pin 332311 located in Alwar, Lachhmangarh, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.