For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Nirman Vihar Delhi branch in Delhi, Delhi, Delhi, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UTIB0004916. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Nirman Vihar Delhi, Delhi

Here are the main details that are associated with the IFSC Code UTIB0004916 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 UTIB0004916
Branch Nirman Vihar Delhi
City Delhi
District Delhi
State Delhi
Address Ground Floor, A15 Block A Ministry Of Works Housing And Supply Chbs Ltd Nirman Vihar, Delhi

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004916 for the Nirman Vihar Delhi 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 Nirman Vihar Delhi, Delhi, Delhi, are given a unique IFSC like UTIB0004916 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 Delhi.
  • 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 Nirman Vihar Delhi 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 UTIB0004916

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 Nirman Vihar Delhi in Delhi.

For example, the IFSC Code UTIB0004916 of Axis Bank for the Nirman Vihar Delhi 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 trying to find the IFSC Code UTIB0004916 of Axis Bank for its Nirman Vihar Delhi 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 Delhi, 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 Nirman Vihar Delhi or Delhi to get the exact IFSC Code UTIB0004916.

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 UTIB0004916 for Online Transfers?

Once you have the IFSC Code UTIB0004916 for the Nirman Vihar Delhi 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 UTIB0004916. 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 UTIB0004916.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Nirman Vihar Delhi 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 are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Nirman Vihar Delhi, 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)

What is the IFSC Code of Axis Bank in Nirman Vihar Delhi, Delhi?

The IFSC Code is UTIB0004916.

Is the IFSC Code UTIB0004916 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Axis Bank Nirman Vihar Delhi?

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

What is the full address of the Nirman Vihar Delhi branch?

The address of the branch is Ground Floor, A15 Block A Ministry Of Works Housing And Supply Chbs Ltd Nirman Vihar, Delhi 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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