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 Dbu Bundi branch in Bundi, Bundi, 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 Bundi or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code UTIB0004985. 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, Dbu Bundi, Bundi
Here are some of the key details that come with the IFSC Code UTIB0004985 of Axis Bank for its branch located in Bundi, within the district of Bundi in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004985 |
| Branch | Dbu Bundi |
| City | Bundi |
| District | Bundi |
| State | Rajasthan |
| Address | Ishwari Niwas, Ground Floor, College Road, New Colony, Opposite Circuit House, Bundi 323001 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Bundi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004985 for the Dbu Bundi 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 Dbu Bundi, Bundi, Rajasthan, are allotted a unique IFSC like UTIB0004985 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bundi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bundi and Bundi.
- 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 Dbu Bundi reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code UTIB0004985
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 Dbu Bundi in Bundi.
For example, the IFSC Code UTIB0004985 of Axis Bank for the Dbu Bundi branch includes these elements, identifying the bank and the branch location in Bundi and Rajasthan accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004985 of Axis Bank for its Dbu Bundi branch located in Bundi, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Bundi and Bundi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Dbu Bundi or Bundi to find the exact IFSC Code UTIB0004985.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Bundi will provide accurate information.
How to Use IFSC Code UTIB0004985 for Online Transfers?
Once you have the IFSC Code UTIB0004985 for the Dbu Bundi branch of Axis Bank in Bundi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004985. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0004985.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Dbu Bundi in Bundi, it can 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 Dbu Bundi, 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 Bundi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004985.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ishwari Niwas, Ground Floor, College Road, New Colony, Opposite Circuit House, Bundi 323001 located in Bundi, Bundi, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
