There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Bhilwara (Rajasthan) branch in Bhilwara, Bhilwara, Rajasthan, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Bhilwara or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code UTIB0000241. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Bhilwara (Rajasthan), Bhilwara

The table below shows the main details of the IFSC Code UTIB0000241 for the Axis Bank branch in Bhilwara, which falls under the Bhilwara district in Rajasthan.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0000241
Branch Bhilwara (Rajasthan)
City Bhilwara
District Bhilwara
State Rajasthan
Address Ganpati Enclave,Heera Panna Campus Op.Nahar Brothers Petrol Pump,Pur Road

These details helps users in online banking and for businesses and individuals who use Axis Bank in Bhilwara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000241 for the Bhilwara (Rajasthan) branch of Axis Bank plays a vital 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, along with Axis Bank located in Bhilwara (Rajasthan), Bhilwara, Rajasthan, are given a unique IFSC like UTIB0000241 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bhilwara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Bhilwara and Bhilwara.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Bhilwara (Rajasthan) goes to the correct branch. This is important because Axis Bank has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0000241

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 Bhilwara (Rajasthan) in Bhilwara.

For example, the IFSC Code UTIB0000241 of Axis Bank for the Bhilwara (Rajasthan) branch includes these elements, identifying the bank and the branch location in Bhilwara and Rajasthan accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0000241 of Axis Bank for its Bhilwara (Rajasthan) branch located in Bhilwara, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Bhilwara and Bhilwara, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Bhilwara (Rajasthan) or Bhilwara to get the exact IFSC Code UTIB0000241.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Bhilwara, then it will provide you proper information.

How to Use IFSC Code UTIB0000241 for Online Transfers?

Once you have the IFSC Code UTIB0000241 for the Bhilwara (Rajasthan) branch of Axis Bank in Bhilwara, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0000241. 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 UTIB0000241.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Bhilwara (Rajasthan) in Bhilwara may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Bhilwara (Rajasthan), here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Bhilwara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Bhilwara (Rajasthan), Bhilwara?

The IFSC Code is UTIB0000241.

Is the IFSC Code UTIB0000241 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 Bhilwara (Rajasthan)?

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 Bhilwara (Rajasthan) branch?

The address of the branch is Ganpati Enclave,Heera Panna Campus Op.Nahar Brothers Petrol Pump,Pur Road located in Bhilwara, Bhilwara, 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.

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