IFSC Code of Axis Bank, South Extension Part One, New Delhi, Delhi- UTIB0005108

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its South Extension Part One branch in Delhi, New Delhi, Delhi, this complete guide will provide you with detailed information.

The banking system in India has changed 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 UTIB0005108. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, South Extension Part One, Delhi

Here are the main details that are associated with the IFSC Code UTIB0005108 of Axis Bank for its branch located in Delhi, within the district of New Delhi in the state of Delhi.

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 UTIB0005108 for the South Extension Part One 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 South Extension Part One, Delhi, Delhi, is provided with a unique IFSC like UTIB0005108 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 New 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 South Extension Part One do not get mixed with another location.

Format of the IFSC Code UTIB0005108

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 South Extension Part One in Delhi.

For example, the IFSC Code UTIB0005108 of Axis Bank for the South Extension Part One 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 UTIB0005108 of Axis Bank for its South Extension Part One 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 New 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 South Extension Part One or Delhi to get the exact IFSC Code UTIB0005108.

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 UTIB0005108 for Online Transfers?

Once you have the IFSC Code UTIB0005108 for the South Extension Part One 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 UTIB0005108. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0005108.

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

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in South Extension Part One, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Axis Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Delhi manage online transfers as well as cheque clearances with ease.