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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its I P Extension branch in Delhi, Paprawat, Delhi, then this guide will give you detailed information.

The banking system has evolved significantly 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 UTIB0001363. 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, I P Extension, Delhi

The table below shows the main details of the IFSC Code UTIB0001363 for the Axis Bank branch in Delhi, which falls under the Paprawat district in Delhi.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001363
Branch I P Extension
City Delhi
District Paprawat
State Delhi
Address Ground Floor, First And Second Floors,Plot No. 2, Local Shopping Centre,Mandawali Fazalpur, I.P. Extension,Patparganj, New Delhi , Pin 110092.

These details help users in online banking and for businesses and individuals who use Axis Bank in Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001363 for the I P Extension branch of Axis Bank has a very 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 I P Extension, Delhi, Delhi, are given a unique IFSC like UTIB0001363 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Delhi.
  • 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 Delhi and Paprawat.
  • 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 I P Extension goes to the correct branch. This is important because Axis Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0001363

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as I P Extension in Delhi.

For example, the IFSC Code UTIB0001363 of Axis Bank for the I P Extension branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001363 of Axis Bank for its I P Extension branch located in Delhi, the following methods can help:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Delhi and Paprawat, print them on the first page of your passbook.

Bank Website

Visit the official website of Axis Bank and navigate to the branch locator section. Search for I P Extension or Delhi to get the exact IFSC Code UTIB0001363.

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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Delhi, you'll get the correct details.

How to Use IFSC Code UTIB0001363 for Online Transfers?

Once you have the IFSC Code UTIB0001363 for the I P Extension branch of Axis Bank in Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0001363. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0001363.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank I P Extension in Delhi, your payment can get delayed or might not go through at all.

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 I P Extension, 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 Delhi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in I P Extension, Delhi?

The IFSC Code is UTIB0001363.

Is the IFSC Code UTIB0001363 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank I P Extension?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the I P Extension branch?

The address of the branch is Ground Floor, First And Second Floors,Plot No. 2, Local Shopping Centre,Mandawali Fazalpur, I.P. Extension,Patparganj, New Delhi , Pin 110092. located in Delhi, Paprawat, Delhi.

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.