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 Netaji Subhash Place branch in New Delhi, New Delhi, Delhi, 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 New Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UTIB0004438. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Netaji Subhash Place, New Delhi

Below in the table are the key details related to IFSC Code UTIB0004438 of Axis Bank for its branch located in New Delhi, within the district of New Delhi in the state of Delhi.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0004438
Branch Netaji Subhash Place
City New Delhi
District New Delhi
State Delhi
Address Ground Floor, Unit No. G 15 And G - 16, Hb Twin Tower, Plot No. 2, 3 & 4, Netaji Subhash Place 110034

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 UTIB0004438 for the Netaji Subhash Place 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 Netaji Subhash Place, New Delhi, Delhi, are allotted a unique IFSC like UTIB0004438 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 New 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 Netaji Subhash Place reaches the right place, even though there are thousands of branches in Delhi and across India.

Format of the IFSC Code UTIB0004438

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 Netaji Subhash Place in New Delhi.

For example, the IFSC Code UTIB0004438 of Axis Bank for the Netaji Subhash Place 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 UTIB0004438 of Axis Bank for its Netaji Subhash Place 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 New 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 Netaji Subhash Place or New Delhi to get the exact IFSC Code UTIB0004438.

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 UTIB0004438 for Online Transfers?

Once you have the IFSC Code UTIB0004438 for the Netaji Subhash Place 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 UTIB0004438. 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 UTIB0004438.

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 Netaji Subhash Place in New Delhi, it can 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 Netaji Subhash Place, 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 New Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank Netaji Subhash Place New Delhi?

The IFSC Code of the Netaji Subhash Place New Delhi branch is UTIB0004438.

Is IFSC Code UTIB0004438 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Netaji Subhash Place branch?

The branch is located at Ground Floor, Unit No. G 15 And G - 16, Hb Twin Tower, Plot No. 2, 3 & 4, Netaji Subhash Place 110034.

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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