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 Tulip Branch Bareilly branch in Bareilly, Bareilly, or Uttarakhand, 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 Bareilly or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code UTIB0002961. 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, Tulip Branch Bareilly, Bareilly
The table below shows the main details of the IFSC Code UTIB0002961 for the Axis Bank branch in Bareilly, which falls under the Bareilly district in Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002961 |
| Branch | Tulip Branch Bareilly |
| City | Bareilly |
| District | Bareilly |
| State | Uttarakhand |
| Address | Gr Fl Shop No 9 10 11 12 Tulip Grand Tulapur Pilibhit Bypass Rd Bareilly |
These details help users in online banking and for businesses and individuals who use Axis Bank in Bareilly for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002961 for the Tulip Branch Bareilly branch of Axis Bank has a very 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 Tulip Branch Bareilly, Bareilly, Uttarakhand, is provided with a unique IFSC like UTIB0002961 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Bareilly.
- 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 Bareilly and Bareilly.
- 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 Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Tulip Branch Bareilly do not get mixed with another location.
Format of the IFSC Code UTIB0002961
The format of the IFSC Code for banks, including Axis Bank, has 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 Tulip Branch Bareilly in Bareilly.
For example, the IFSC Code UTIB0002961 of Axis Bank for the Tulip Branch Bareilly branch includes these elements, identifying the bank and the branch location in Bareilly and Uttarakhand correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002961 of Axis Bank for its Tulip Branch Bareilly branch located in Bareilly, 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 Bareilly and Bareilly, 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 Tulip Branch Bareilly or Bareilly to get the exact IFSC Code UTIB0002961.
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 Bareilly that will provide accurate information.
How to Use IFSC Code UTIB0002961 for Online Transfers?
Once you have the IFSC Code UTIB0002961 for the Tulip Branch Bareilly branch of Axis Bank in Bareilly, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002961. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002961.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Tulip Branch Bareilly in Bareilly 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 Tulip Branch Bareilly, 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 Bareilly manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tulip Branch Bareilly Bareilly branch is UTIB0002961.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gr Fl Shop No 9 10 11 12 Tulip Grand Tulapur Pilibhit Bypass Rd Bareilly.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.