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 Loharu branch in Bhiwani, Loharu, Haryana, 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 Bhiwani or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0005525. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Loharu, Bhiwani
Below in the table are the key details related to IFSC Code UTIB0005525 of Axis Bank for its branch located in Bhiwani, within the district of Loharu in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005525 |
| Branch | Loharu |
| City | Bhiwani |
| District | Loharu |
| State | Haryana |
| Address | Ground Floor, Anaaj Mandi, Loharu, Tehsil Loharu, Dist Bhiwani, Haryana 127201 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Bhiwani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005525 for the Loharu branch of Axis Bank is vital.
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 Loharu, Bhiwani, Haryana, are allotted a unique IFSC like UTIB0005525 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhiwani.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhiwani and Loharu.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Loharu reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code UTIB0005525
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 Loharu in Bhiwani.
For example, the IFSC Code UTIB0005525 of Axis Bank for the Loharu branch includes these elements, identifying the bank and the branch location in Bhiwani and Haryana accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005525 of Axis Bank for its Loharu branch located in Bhiwani, 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 Bhiwani and Loharu, 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 Loharu or Bhiwani to get the exact IFSC Code UTIB0005525.
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 Bhiwani that will provide accurate information.
How to Use IFSC Code UTIB0005525 for Online Transfers?
If you have the IFSC Code UTIB0005525 for the Loharu branch of Axis Bank in Bhiwani, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005525. 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 UTIB0005525.
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 Loharu in Bhiwani, 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 Loharu, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Bhiwani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Loharu Bhiwani branch is UTIB0005525.
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 Ground Floor, Anaaj Mandi, Loharu, Tehsil Loharu, Dist Bhiwani, Haryana 127201.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.