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 Khanpur branch in Jhalawar, Khanpur, 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 Jhalawar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0003924. 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, Khanpur, Jhalawar
Here are the key points that are associated with the IFSC Code UTIB0003924 of Axis Bank for its branch located in Jhalawar, within the district of Khanpur in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003924 |
| Branch | Khanpur |
| City | Jhalawar |
| District | Khanpur |
| State | Rajasthan |
| Address | Ground Floor, Khasra No 1544, Jhalawar Road,Khanpur, Dist Jhalawar, Rajasthan 326038 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Jhalawar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003924 for the Khanpur branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Khanpur, Jhalawar, Rajasthan, is provided a unique IFSC like UTIB0003924 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Jhalawar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jhalawar and Khanpur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Khanpur do not get misguided to another person.
Format of the IFSC Code UTIB0003924
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 Khanpur in Jhalawar.
For example, the IFSC Code UTIB0003924 of Axis Bank for the Khanpur branch includes these elements, identifying the bank and the branch location in Jhalawar and Rajasthan accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0003924 of Axis Bank for its Khanpur branch located in Jhalawar, 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 Jhalawar and Khanpur, 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 Khanpur or Jhalawar to get the exact IFSC Code UTIB0003924.
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 Jhalawar, then it will provide you proper information.
How to Use IFSC Code UTIB0003924 for Online Transfers?
Once you have the IFSC Code UTIB0003924 for the Khanpur branch of Axis Bank in Jhalawar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003924. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0003924.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Khanpur in Jhalawar, 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 Khanpur, 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 Jhalawar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003924.
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 Ground Floor, Khasra No 1544, Jhalawar Road,Khanpur, Dist Jhalawar, Rajasthan 326038 located in Jhalawar, Khanpur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.