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 Transport Nagar Gwalior 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 UTIB0002658. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Transport Nagar Gwalior, Gwalior
The table below shows the main details of the IFSC Code UTIB0002658 for the Axis Bank branch in Gwalior, which falls under the Gwalior district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002658 |
| Branch | Transport Nagar Gwalior |
| City | Gwalior |
| District | Gwalior |
| State | Madhya Pradesh |
| Address | Ground Floor And First Floor Mazi Mall Bhodapur Square Sagar Taal Road Gwalior 474012 |
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 UTIB0002658 for the Transport Nagar Gwalior 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Transport Nagar Gwalior, Gwalior, Madhya Pradesh, are given a unique IFSC like UTIB0002658 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gwalior.
- 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 Gwalior and Gwalior.
- 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 Transport Nagar Gwalior goes to the correct branch. This is important because Axis Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0002658
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 Transport Nagar Gwalior in Gwalior.
For example, the IFSC Code UTIB0002658 of Axis Bank for the Transport Nagar Gwalior branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002658 of Axis Bank for its Transport Nagar Gwalior branch located in Gwalior, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Gwalior and Gwalior, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Transport Nagar Gwalior or Gwalior to get the exact IFSC Code UTIB0002658.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Gwalior, then it will provide you proper information.
How to Use IFSC Code UTIB0002658 for Online Transfers?
If you have the IFSC Code UTIB0002658 for the Transport Nagar Gwalior branch of Axis Bank in Gwalior, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002658. 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 UTIB0002658.
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 Transport Nagar Gwalior in Gwalior, 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 Transport Nagar Gwalior, 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 Gwalior to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002658.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor And First Floor Mazi Mall Bhodapur Square Sagar Taal Road Gwalior 474012 located in Gwalior, Gwalior, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.