The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Defence Colony [New Delhi] branch in New Delhi, Delhi, Delhi, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UTIB0000357. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Defence Colony [New Delhi], New Delhi
Here are the key points that are associated with the IFSC Code UTIB0000357 of Axis Bank for its branch located in New Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000357 |
| Branch | Defence Colony [New Delhi] |
| City | New Delhi |
| District | Delhi |
| State | Delhi |
| Address | B-81 , Defence Colony |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in New Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000357 for the Defence Colony [New Delhi] 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, along with Axis Bank located in Defence Colony [New Delhi], New Delhi, Delhi, are allotted a unique IFSC like UTIB0000357 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in New Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like New Delhi and Delhi.
- 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 Defence Colony [New Delhi] reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code UTIB0000357
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 Defence Colony [New Delhi] in New Delhi.
For example, the IFSC Code UTIB0000357 of Axis Bank for the Defence Colony [New Delhi] branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000357 of Axis Bank for its Defence Colony [New Delhi] branch located in New Delhi, 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 New Delhi and Delhi, 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 Defence Colony [New Delhi] or New Delhi to get the exact IFSC Code UTIB0000357.
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 New Delhi, then it will provide you proper information.
How to Use IFSC Code UTIB0000357 for Online Transfers?
Once you have the IFSC Code UTIB0000357 for the Defence Colony [New Delhi] branch of Axis Bank in New Delhi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000357. 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 UTIB0000357.
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 Defence Colony [New Delhi] in New Delhi, 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 Defence Colony [New Delhi], 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 New Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Defence Colony [New Delhi] New Delhi branch is UTIB0000357.
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 B-81 , Defence Colony.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
