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 Rewa, M.P. branch in Rewa, Rewa, or Madhya Pradesh, 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 Rewa or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0000500. 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, Rewa, M.P., Rewa
Below in the table are the key details related to IFSC Code UTIB0000500 of Axis Bank for its branch located in Rewa, within the district of Rewa in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000500 |
| Branch | Rewa, M.P. |
| City | Rewa |
| District | Rewa |
| State | Madhya Pradesh |
| Address | Block B, Shilpi Plaza Pili Kothi Road, Rewa ,Madhya Pradesh,486001 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Rewa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000500 for the Rewa, M.P. 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 Rewa, M.P., Rewa, Madhya Pradesh, are allotted a unique IFSC like UTIB0000500 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rewa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rewa and Rewa.
- 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 Rewa, M.P. reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code UTIB0000500
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 Rewa, M.P. in Rewa.
For example, the IFSC Code UTIB0000500 of Axis Bank for the Rewa, M.P. branch includes these elements, identifying the bank and the branch location in Rewa and Madhya Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000500 of Axis Bank for its Rewa, M.P. branch located in Rewa, 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
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Rewa and Rewa, print them 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 Rewa, M.P. or Rewa to get the exact IFSC Code UTIB0000500.
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 Rewa, you'll get the correct details.
How to Use IFSC Code UTIB0000500 for Online Transfers?
Once you have the IFSC Code UTIB0000500 for the Rewa, M.P. branch of Axis Bank in Rewa, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000500. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 UTIB0000500.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Rewa, M.P. in Rewa may 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 Rewa, M.P., 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 Rewa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000500.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Block B, Shilpi Plaza Pili Kothi Road, Rewa ,Madhya Pradesh,486001 located in Rewa, Rewa, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.