Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Mi Road Jaipur branch in Jaipur, Jaipur, Rajasthan, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Jaipur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0005097. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Mi Road Jaipur, Jaipur
Below in the table are the key details related to IFSC Code UTIB0005097 of Axis Bank for its branch located in Jaipur, within the district of Jaipur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005097 |
| Branch | Mi Road Jaipur |
| City | Jaipur |
| District | Jaipur |
| State | Rajasthan |
| Address | Bhagwati Bhawan, Ground Floor, Government Hostel Crossing, M I Road, Jaipur 302 001 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Jaipur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005097 for the Mi Road Jaipur 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 Mi Road Jaipur, Jaipur, Rajasthan, are allotted a unique IFSC like UTIB0005097 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jaipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jaipur and Jaipur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Mi Road Jaipur reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code UTIB0005097
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 Mi Road Jaipur in Jaipur.
For example, the IFSC Code UTIB0005097 of Axis Bank for the Mi Road Jaipur branch includes these elements, identifying the bank and the branch location in Jaipur and Rajasthan accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005097 of Axis Bank for its Mi Road Jaipur branch located in Jaipur, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Jaipur and Jaipur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Mi Road Jaipur or Jaipur to get the exact IFSC Code UTIB0005097.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Jaipur that will provide accurate information.
How to Use IFSC Code UTIB0005097 for Online Transfers?
Once you have the IFSC Code UTIB0005097 for the Mi Road Jaipur branch of Axis Bank in Jaipur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005097. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0005097.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Mi Road Jaipur in Jaipur, it can 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 Mi Road Jaipur, 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 Jaipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005097.
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 Bhagwati Bhawan, Ground Floor, Government Hostel Crossing, M I Road, Jaipur 302 001 located in Jaipur, Jaipur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
