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 Gadarwara branch in Narsinghpur, Gadarwara, Madhya Pradesh, 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 Narsinghpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0004065. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Gadarwara, Narsinghpur

Below in the table are the key details related to IFSC Code UTIB0004065 of Axis Bank for its branch located in Narsinghpur, within the district of Gadarwara in the state of Madhya Pradesh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0004065
Branch Gadarwara
City Narsinghpur
District Gadarwara
State Madhya Pradesh
Address Lunawat Complex Hospital Road Gadarwara Dist Narsinghpur M P Pin 487551

These details helps users in online banking and for businesses and individuals who use Axis Bank in Narsinghpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004065 for the Gadarwara 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0004065 is given to every bank branch, including Axis Bank located in Gadarwara, Narsinghpur, Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Narsinghpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Narsinghpur and Gadarwara.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Gadarwara doesn't end up at another location.

Format of the IFSC Code UTIB0004065

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 Gadarwara in Narsinghpur.

For example, the IFSC Code UTIB0004065 of Axis Bank for the Gadarwara branch includes these elements, identifying the bank and the branch location in Narsinghpur and Madhya Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004065 of Axis Bank for its Gadarwara branch located in Narsinghpur, 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 Narsinghpur and Gadarwara, 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 Gadarwara or Narsinghpur to get the exact IFSC Code UTIB0004065.

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 Narsinghpur that will provide accurate information.

How to Use IFSC Code UTIB0004065 for Online Transfers?

If you have the IFSC Code UTIB0004065 for the Gadarwara branch of Axis Bank in Narsinghpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004065. 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 UTIB0004065.

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 Gadarwara in Narsinghpur, it 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 Gadarwara, 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 Narsinghpur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Gadarwara, Narsinghpur?

The IFSC Code is UTIB0004065.

Is the IFSC Code UTIB0004065 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Gadarwara?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Gadarwara branch?

The address of the branch is Lunawat Complex Hospital Road Gadarwara Dist Narsinghpur M P Pin 487551 located in Narsinghpur, Gadarwara, Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.