For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Losal, Rajasthan branch in Losal, Losal, Rajasthan, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Losal or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0001795. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Losal, Rajasthan, Losal
The table below shows the main details of the IFSC Code UTIB0001795 for the Axis Bank branch in Losal, which falls under the Losal district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001795 |
| Branch | Losal, Rajasthan |
| City | Losal |
| District | Losal |
| State | Rajasthan |
| Address | Nagauri Dharamkanta, Didwana Road, Losal-332025 Distt -Sikar |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Losal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001795 for the Losal, Rajasthan 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, including Axis Bank located in Losal, Rajasthan, Losal, Rajasthan, is provided with a unique IFSC like UTIB0001795 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Losal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Losal and Losal.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Losal, Rajasthan do not get mixed with another location.
Format of the IFSC Code UTIB0001795
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 Losal, Rajasthan in Losal.
For example, the IFSC Code UTIB0001795 of Axis Bank for the Losal, Rajasthan branch includes these elements, identifying the bank and the branch location in Losal and Rajasthan correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001795 of Axis Bank for its Losal, Rajasthan branch located in Losal, 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 Losal and Losal, 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 Losal, Rajasthan or Losal to get the exact IFSC Code UTIB0001795.
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 Losal that will provide accurate information.
How to Use IFSC Code UTIB0001795 for Online Transfers?
If you have the IFSC Code UTIB0001795 for the Losal, Rajasthan branch of Axis Bank in Losal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001795. 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 UTIB0001795.
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 Losal, Rajasthan in Losal, it may result in delayed or failed transactions.
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 Losal, Rajasthan, 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 Losal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001795.
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 Nagauri Dharamkanta, Didwana Road, Losal-332025 Distt -Sikar located in Losal, Losal, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.