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 Dangguthina branch in Gwalior, Gwalior, Madhya Pradesh, 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 Gwalior or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002532. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Dangguthina, Gwalior
Here are some of the key details that come with the IFSC Code UTIB0002532 of Axis Bank for its branch located in Gwalior, within the district of Gwalior in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002532 |
| Branch | Dangguthina |
| City | Gwalior |
| District | Gwalior |
| State | Madhya Pradesh |
| Address | Survey No 419 By 1,Patwari Hallka No 102 Village Dangguthina,Dist And Tehsil Gwalior,474020 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Gwalior for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002532 for the Dangguthina 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0002532 is given to every bank branch, including Axis Bank located in Dangguthina, Gwalior, Madhya Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Gwalior.
- 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 Gwalior and Gwalior.
- 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Dangguthina doesn't end up at another location.
Format of the IFSC Code UTIB0002532
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 Dangguthina in Gwalior.
For example, the IFSC Code UTIB0002532 of Axis Bank for the Dangguthina branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002532 of Axis Bank for its Dangguthina branch located in Gwalior, 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 Gwalior and Gwalior, 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 Dangguthina or Gwalior to get the exact IFSC Code UTIB0002532.
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 Gwalior, you'll get the correct details.
How to Use IFSC Code UTIB0002532 for Online Transfers?
Once you have the IFSC Code UTIB0002532 for the Dangguthina branch of Axis Bank in Gwalior, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002532. 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 UTIB0002532.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Dangguthina in Gwalior, 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 Dangguthina, 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 Gwalior manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002532.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Survey No 419 By 1,Patwari Hallka No 102 Village Dangguthina,Dist And Tehsil Gwalior,474020 located in Gwalior, Gwalior, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
