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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Dwarka (Delhi) branch in New Delhi, Delhi, or Delhi, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Axis Bank located in New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UTIB0000278. 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, Dwarka (Delhi), New Delhi

Here are the main details that are associated with the IFSC Code UTIB0000278 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 UTIB0000278
Branch Dwarka (Delhi)
City New Delhi
District Delhi
State Delhi
Address Shop No.G03,G04,G05,G06 & 1St Flr,Hl Arcade Sector 5 (Mlu) Plot No. 14, Dwarka

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in New Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000278 for the Dwarka (Delhi) branch of Axis Bank has an important 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 Dwarka (Delhi), New Delhi, Delhi, are allotted a unique IFSC like UTIB0000278 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 Dwarka (Delhi) reaches the right place, even though there are thousands of branches in Delhi and across India.

Format of the IFSC Code UTIB0000278

The format of the IFSC Code for banks, including Axis Bank, follows 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 Dwarka (Delhi) in New Delhi.

For example, the IFSC Code UTIB0000278 of Axis Bank for the Dwarka (Delhi) branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0000278 of Axis Bank for its Dwarka (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 Dwarka (Delhi) or New Delhi to get the exact IFSC Code UTIB0000278.

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 UTIB0000278 for Online Transfers?

Once you have the IFSC Code UTIB0000278 for the Dwarka (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 UTIB0000278. 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 UTIB0000278.

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 Dwarka (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 Dwarka (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)

What is the IFSC Code of Axis Bank in Dwarka (Delhi), New Delhi?

The IFSC Code is UTIB0000278.

Is the IFSC Code UTIB0000278 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 Dwarka (Delhi)?

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 Dwarka (Delhi) branch?

The address of the branch is Shop No.G03,G04,G05,G06 & 1St Flr,Hl Arcade Sector 5 (Mlu) Plot No. 14, Dwarka located in New Delhi, Delhi, Delhi.

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.

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