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 Agewa branch in Pali, Pali, Rajasthan, 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 Pali or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0005102. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Agewa, Pali
Here are the key points that are associated with the IFSC Code UTIB0005102 of Axis Bank for its branch located in Pali, within the district of Pali in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005102 |
| Branch | Agewa |
| City | Pali |
| District | Pali |
| State | Rajasthan |
| Address | Ground Floor, Village Agewa, Tehsil Jaitaran, Distt Pali, Rajasthan 306302 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Pali for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005102 for the Agewa branch of Axis Bank plays 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, including Axis Bank located in Agewa, Pali, Rajasthan, is provided with a unique IFSC like UTIB0005102 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Pali.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Pali and Pali.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Agewa do not get mixed with another location.
Format of the IFSC Code UTIB0005102
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Agewa in Pali.
For example, the IFSC Code UTIB0005102 of Axis Bank for the Agewa branch has these elements, identifying the bank and the branch location in Pali and Rajasthan correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005102 of Axis Bank for its Agewa branch located in Pali, 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 Pali and Pali, 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 Agewa or Pali to get the exact IFSC Code UTIB0005102.
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 Pali, you'll get the correct details.
How to Use IFSC Code UTIB0005102 for Online Transfers?
Once you have the IFSC Code UTIB0005102 for the Agewa branch of Axis Bank in Pali, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005102. 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 UTIB0005102.
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 Agewa in Pali, 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 Agewa, 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 Pali to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005102.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Village Agewa, Tehsil Jaitaran, Distt Pali, Rajasthan 306302 located in Pali, Pali, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.