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 Rajeev Gandhi Scheme branch in Kota, Kota, 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 Kota or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0003523. 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, Rajeev Gandhi Scheme, Kota
Here are some of the key details that come with the IFSC Code UTIB0003523 of Axis Bank for its branch located in Kota, within the district of Kota in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003523 |
| Branch | Rajeev Gandhi Scheme |
| City | Kota |
| District | Kota |
| State | Rajasthan |
| Address | G 6,7, 8, 11 Bagherwal Four Seasons Building Rajeev Gandhi Nagar |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Kota for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003523 for the Rajeev Gandhi Scheme branch of Axis Bank plays a vital 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 Rajeev Gandhi Scheme, Kota, Rajasthan, are allotted a unique IFSC like UTIB0003523 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kota.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kota and Kota.
- 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 Rajeev Gandhi Scheme reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code UTIB0003523
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 Rajeev Gandhi Scheme in Kota.
For example, the IFSC Code UTIB0003523 of Axis Bank for the Rajeev Gandhi Scheme branch includes these elements, identifying the bank and the branch location in Kota and Rajasthan accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003523 of Axis Bank for its Rajeev Gandhi Scheme branch located in Kota, 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 Kota and Kota, 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 Rajeev Gandhi Scheme or Kota to get the exact IFSC Code UTIB0003523.
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 Kota, you'll get the correct details.
How to Use IFSC Code UTIB0003523 for Online Transfers?
Once you have the IFSC Code UTIB0003523 for the Rajeev Gandhi Scheme branch of Axis Bank in Kota, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003523. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0003523.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Rajeev Gandhi Scheme in Kota 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 Rajeev Gandhi Scheme, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Kota manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rajeev Gandhi Scheme Kota branch is UTIB0003523.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at G 6,7, 8, 11 Bagherwal Four Seasons Building Rajeev Gandhi Nagar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
