The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Sri Madhopur branch in Sikar, Sri Madhopur, Rajasthan, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Sikar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0001186. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Sri Madhopur, Sikar
The table below shows the main details of the IFSC Code UTIB0001186 for the Axis Bank branch in Sikar, which falls under the Sri Madhopur district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001186 |
| Branch | Sri Madhopur |
| City | Sikar |
| District | Sri Madhopur |
| State | Rajasthan |
| Address | Ground Floor, Ward No. 8,Station Road, Sri Madhopur,Dist. Sikar, Rajasthan, Pin 332715. |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Sikar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001186 for the Sri Madhopur 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0001186 is given to every bank branch, including Axis Bank located in Sri Madhopur, Sikar, Rajasthan, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Sikar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Sikar and Sri Madhopur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sri Madhopur doesn't end up at another location.
Format of the IFSC Code UTIB0001186
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 Sri Madhopur in Sikar.
For example, the IFSC Code UTIB0001186 of Axis Bank for the Sri Madhopur branch has these elements, identifying the bank and the branch location in Sikar and Rajasthan correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001186 of Axis Bank for its Sri Madhopur branch located in Sikar, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Sikar and Sri Madhopur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Sri Madhopur or Sikar to get the exact IFSC Code UTIB0001186.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Sikar that will provide accurate information.
How to Use IFSC Code UTIB0001186 for Online Transfers?
Once you have the IFSC Code UTIB0001186 for the Sri Madhopur branch of Axis Bank in Sikar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001186. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0001186.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sri Madhopur in Sikar, 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 Sri Madhopur, 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 Sikar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001186.
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, Ward No. 8,Station Road, Sri Madhopur,Dist. Sikar, Rajasthan, Pin 332715. located in Sikar, Sri Madhopur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.