IFSC Code of Axis Bank, Pandav Nagar, Delhi, Delhi- UTIB0004550

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 Pandav Nagar branch in East 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 East Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code UTIB0004550. 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, Pandav Nagar, East Delhi

Below in the table are the key details related to IFSC Code UTIB0004550 of Axis Bank for its branch located in East Delhi, within the district of Delhi in the state of Delhi.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in East Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004550 for the Pandav Nagar 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0004550 is given to every bank branch, including Axis Bank located in Pandav Nagar, East Delhi, Delhi, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in East Delhi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like East Delhi and Delhi.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Pandav Nagar doesn't end up at another location.

Format of the IFSC Code UTIB0004550

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 Pandav Nagar in East Delhi.

For example, the IFSC Code UTIB0004550 of Axis Bank for the Pandav Nagar branch includes these elements, identifying the bank and the branch location in East Delhi and Delhi correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004550 of Axis Bank for its Pandav Nagar branch located in East 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 East 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 Pandav Nagar or East Delhi to get the exact IFSC Code UTIB0004550.

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 East Delhi, you'll get the correct details.

How to Use IFSC Code UTIB0004550 for Online Transfers?

If you have the IFSC Code UTIB0004550 for the Pandav Nagar branch of Axis Bank in East 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 UTIB0004550. 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 UTIB0004550.

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 Pandav Nagar in East Delhi, it may result in delayed or failed transactions.

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 Pandav Nagar, 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 East Delhi to handle online money transfers and get their cheques cleared smoothly.