The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Barmer branch in Barmer, Barmer, Rajasthan, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Barmer or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0001386. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Barmer, Barmer

Here are the main details that are associated with the IFSC Code UTIB0001386 of Axis Bank for its branch located in Barmer, within the district of Barmer in the state of Rajasthan.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001386
Branch Barmer
City Barmer
District Barmer
State Rajasthan
Address Goswami Tower , Rai Colony Road ,Barmer, Rajasthan, Pin 344001

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Barmer for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001386 for the Barmer branch of Axis Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0001386 is given to every bank branch, including Axis Bank located in Barmer, Barmer, Rajasthan, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Barmer.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Barmer and Barmer.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Barmer doesn't end up at another location.

Format of the IFSC Code UTIB0001386

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 Barmer in Barmer.

For example, the IFSC Code UTIB0001386 of Axis Bank for the Barmer branch includes these elements, identifying the bank and the branch location in Barmer and Rajasthan accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001386 of Axis Bank for its Barmer branch located in Barmer, 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 Barmer and Barmer, 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 Barmer or Barmer to get the exact IFSC Code UTIB0001386.

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 Barmer, you'll get the correct details.

How to Use IFSC Code UTIB0001386 for Online Transfers?

If you have the IFSC Code UTIB0001386 for the Barmer branch of Axis Bank in Barmer, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001386. 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 UTIB0001386.

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 Barmer in Barmer, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Barmer, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Axis Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Barmer manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Barmer, Barmer?

The IFSC Code is UTIB0001386.

Is the IFSC Code UTIB0001386 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Barmer?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Barmer branch?

The address of the branch is Goswami Tower , Rai Colony Road ,Barmer, Rajasthan, Pin 344001 located in Barmer, Barmer, Rajasthan.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.