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 Nehru Place Bhilwara branch in Bhilwara, Bhilwara, 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 Bhilwara or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0002936. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Nehru Place Bhilwara, Bhilwara
Here are the key points that are associated with the IFSC Code UTIB0002936 of Axis Bank for its branch located in Bhilwara, within the district of Bhilwara in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002936 |
| Branch | Nehru Place Bhilwara |
| City | Bhilwara |
| District | Bhilwara |
| State | Rajasthan |
| Address | Gr Fl Shop No Shopnos 3 4 5 Navkar Plaza Nr Place Comm Comlx Nr Roadways Bus Stand 311001 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Bhilwara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002936 for the Nehru Place Bhilwara 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, along with Axis Bank located in Nehru Place Bhilwara, Bhilwara, Rajasthan, are given a unique IFSC like UTIB0002936 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 Nehru Place Bhilwara 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 UTIB0002936
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 Nehru Place Bhilwara in Bhilwara.
For example, the IFSC Code UTIB0002936 of Axis Bank for the Nehru Place Bhilwara branch has these elements, identifying the bank and the branch location in Bhilwara and Rajasthan correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002936 of Axis Bank for its Nehru Place Bhilwara 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 Nehru Place Bhilwara or Bhilwara to get the exact IFSC Code UTIB0002936.
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 UTIB0002936 for Online Transfers?
If you have the IFSC Code UTIB0002936 for the Nehru Place Bhilwara branch of Axis Bank in Bhilwara, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002936. 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 UTIB0002936.
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 Nehru Place Bhilwara in Bhilwara, it 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 Nehru Place Bhilwara, 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)
The IFSC Code is UTIB0002936.
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 Gr Fl Shop No Shopnos 3 4 5 Navkar Plaza Nr Place Comm Comlx Nr Roadways Bus Stand 311001 located in Bhilwara, Bhilwara, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.