There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Swasthya Vihar - New Delhi branch in New Delhi, Delhi, Delhi, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in New Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code UTIB0000055. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Swasthya Vihar - New Delhi, New Delhi
Here are the main details that are associated with the IFSC Code UTIB0000055 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 | UTIB0000055 |
| Branch | Swasthya Vihar - New Delhi |
| City | New Delhi |
| District | Delhi |
| State | Delhi |
| Address | A-13, Swasthya Vihar, Vikas Marg, |
These details help users in online banking and for businesses and individuals who use Axis Bank in New Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000055 for the Swasthya Vihar - New Delhi branch of Axis Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Swasthya Vihar - New Delhi, New Delhi, Delhi, is provided a unique IFSC like UTIB0000055 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in New Delhi.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like New Delhi and Delhi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Delhi and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Swasthya Vihar - New Delhi do not get misguided to another person.
Format of the IFSC Code UTIB0000055
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 Swasthya Vihar - New Delhi in New Delhi.
For example, the IFSC Code UTIB0000055 of Axis Bank for the Swasthya Vihar - New 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 trying to find the IFSC Code UTIB0000055 of Axis Bank for its Swasthya Vihar - New Delhi branch located in New Delhi, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in New Delhi and Delhi, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Swasthya Vihar - New Delhi or New Delhi to get the exact IFSC Code UTIB0000055.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and New Delhi, you'll get the correct details.
How to Use IFSC Code UTIB0000055 for Online Transfers?
Once you have the IFSC Code UTIB0000055 for the Swasthya Vihar - 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 UTIB0000055. 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 UTIB0000055.
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 Swasthya Vihar - New Delhi 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 Swasthya Vihar - New Delhi, 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)
The IFSC Code of the Swasthya Vihar - New Delhi New Delhi branch is UTIB0000055.
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 A-13, Swasthya Vihar, Vikas Marg,.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.