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 Rajsamand branch in Rajsamand, Rajsamand, Rajasthan, 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 Rajsamand or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code UTIB0003293. 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, Rajsamand, Rajsamand

Here are the key points that are associated with the IFSC Code UTIB0003293 of Axis Bank for its branch located in Rajsamand, within the district of Rajsamand in the state of Rajasthan.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003293
Branch Rajsamand
City Rajsamand
District Rajsamand
State Rajasthan
Address Ground Floor, Jal Chakki Chouraha, Kankroli, Distt. Rajsamand, Rajasthan 313324

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Rajsamand for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003293 for the Rajsamand 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, including Axis Bank located in Rajsamand, Rajsamand, Rajasthan, is provided with a unique IFSC like UTIB0003293 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Rajsamand.
  • 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 Rajsamand and Rajsamand.
  • 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 Rajsamand do not get mixed with another location.

Format of the IFSC Code UTIB0003293

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 Rajsamand in Rajsamand.

For example, the IFSC Code UTIB0003293 of Axis Bank for the Rajsamand branch includes these elements, identifying the bank and the branch location in Rajsamand and Rajasthan correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0003293 of Axis Bank for its Rajsamand branch located in Rajsamand, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Rajsamand and Rajsamand, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Rajsamand or Rajsamand to find the exact IFSC Code UTIB0003293.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Rajsamand will provide accurate information.

How to Use IFSC Code UTIB0003293 for Online Transfers?

Once you have the IFSC Code UTIB0003293 for the Rajsamand branch of Axis Bank in Rajsamand, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003293. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0003293.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Rajsamand in Rajsamand, your payment can get delayed or might not go through at all.

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 Rajsamand, 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 Rajsamand to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Rajsamand, Rajsamand?

The IFSC Code is UTIB0003293.

Is the IFSC Code UTIB0003293 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Rajsamand?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rajsamand branch?

The address of the branch is Ground Floor, Jal Chakki Chouraha, Kankroli, Distt. Rajsamand, Rajasthan 313324 located in Rajsamand, Rajsamand, Rajasthan.

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.