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IFSC Code of Axis Bank, Indraprastha Sehkari Bank Ltd, Delhi, Delhi — UTIB0SIPSB2

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 Indraprastha Sehkari Bank Ltd branch in Delhi, Delhi, Delhi, 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 Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code UTIB0SIPSB2. 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, Indraprastha Sehkari Bank Ltd, Delhi

Here are some of the key details that come with the IFSC Code UTIB0SIPSB2 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 UTIB0SIPSB2
Branch Indraprastha Sehkari Bank Ltd
City Delhi
District Delhi
State Delhi
Address 794 Joshi Road Karol Bagh New Delhi-110005

These details helps 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 UTIB0SIPSB2 for the Indraprastha Sehkari Bank Ltd branch of Axis Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Indraprastha Sehkari Bank Ltd, Delhi, Delhi, is provided a unique IFSC like UTIB0SIPSB2 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Delhi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Delhi and Delhi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Delhi and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Indraprastha Sehkari Bank Ltd do not get misguided to another person.

Format of the IFSC Code UTIB0SIPSB2

The format of the IFSC Code for banks, including Axis Bank, has 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 Indraprastha Sehkari Bank Ltd in Delhi.

For example, the IFSC Code UTIB0SIPSB2 of Axis Bank for the Indraprastha Sehkari Bank Ltd branch includes 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 trying to find the IFSC Code UTIB0SIPSB2 of Axis Bank for its Indraprastha Sehkari Bank Ltd 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

Most banks, including Axis Bank branches in Delhi and Delhi, print the IFSC and MICR codes 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 Indraprastha Sehkari Bank Ltd or Delhi to get the exact IFSC Code UTIB0SIPSB2.

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 UTIB0SIPSB2 for Online Transfers?

Once you have the IFSC Code UTIB0SIPSB2 for the Indraprastha Sehkari Bank Ltd 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 UTIB0SIPSB2. 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 UTIB0SIPSB2.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Indraprastha Sehkari Bank Ltd 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 Indraprastha Sehkari Bank Ltd, 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 Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Indraprastha Sehkari Bank Ltd, Delhi?

The IFSC Code is UTIB0SIPSB2.

Is the IFSC Code UTIB0SIPSB2 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Indraprastha Sehkari Bank Ltd?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Indraprastha Sehkari Bank Ltd branch?

The address of the branch is 794 Joshi Road Karol Bagh New Delhi-110005 located in Delhi, Delhi, 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.

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