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 Bilari branch in Moradabad, Bilari, Uttar Pradesh, 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 Moradabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0005168. 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, Bilari, Moradabad
The table below shows the main details of the IFSC Code UTIB0005168 for the Axis Bank branch in Moradabad, which falls under the Bilari district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005168 |
| Branch | Bilari |
| City | Moradabad |
| District | Bilari |
| State | Uttar Pradesh |
| Address | Upper Gf, Khasra No 572 And 573, Mohalla Bazaar, Bilari Khas, Chandausi Road, Near Sbi, Tehsil Bilari |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Moradabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005168 for the Bilari 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, including Axis Bank located in Bilari, Moradabad, Uttar Pradesh, is provided with a unique IFSC like UTIB0005168 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Moradabad.
- 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 Moradabad and Bilari.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Bilari do not get mixed with another location.
Format of the IFSC Code UTIB0005168
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bilari in Moradabad.
For example, the IFSC Code UTIB0005168 of Axis Bank for the Bilari branch includes these elements, identifying the bank and the branch location in Moradabad and Uttar Pradesh accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005168 of Axis Bank for its Bilari branch located in Moradabad, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Moradabad and Bilari, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Bilari or Moradabad to find the exact IFSC Code UTIB0005168.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Moradabad will provide accurate information.
How to Use IFSC Code UTIB0005168 for Online Transfers?
Once you have the IFSC Code UTIB0005168 for the Bilari branch of Axis Bank in Moradabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005168. 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 UTIB0005168.
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 Bilari in Moradabad, 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 Bilari, 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 Moradabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005168.
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 Upper Gf, Khasra No 572 And 573, Mohalla Bazaar, Bilari Khas, Chandausi Road, Near Sbi, Tehsil Bilari located in Moradabad, Bilari, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.