Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Gandhi Nagar branch in Delhi, Delhi, or Delhi, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UTIB0002565. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Gandhi Nagar, Delhi
Here are some of the key details that come with the IFSC Code UTIB0002565 of Axis Bank for its branch located in Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002565 |
| Branch | Gandhi Nagar |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Ground Flr Basement,31 Main Rd, Municipal No 329 A,Mahila Colony,Gandhi Ngr, Delhi 110031 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002565 for the Gandhi Nagar 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, including Axis Bank located in Gandhi Nagar, Delhi, Delhi, is provided with a unique IFSC like UTIB0002565 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Delhi and Delhi.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Delhi and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Gandhi Nagar do not get mixed with another location.
Format of the IFSC Code UTIB0002565
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 Gandhi Nagar in Delhi.
For example, the IFSC Code UTIB0002565 of Axis Bank for the Gandhi Nagar branch has these elements, identifying the bank and the branch location in Delhi and Delhi correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002565 of Axis Bank for its Gandhi Nagar branch located in Delhi, 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 Delhi and Delhi, 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 Gandhi Nagar or Delhi to get the exact IFSC Code UTIB0002565.
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 Delhi, then it will provide you proper information.
How to Use IFSC Code UTIB0002565 for Online Transfers?
If you have the IFSC Code UTIB0002565 for the Gandhi Nagar branch of Axis Bank in Delhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002565. 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 UTIB0002565.
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 Gandhi Nagar in Delhi, it may 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 Gandhi Nagar, 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 Delhi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002565.
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 Ground Flr Basement,31 Main Rd, Municipal No 329 A,Mahila Colony,Gandhi Ngr, Delhi 110031 located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.