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 Newai branch in Tonk, Newai, 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 Tonk or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0004395. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Newai, Tonk
The table below shows the main details of the IFSC Code UTIB0004395 for the Axis Bank branch in Tonk, which falls under the Newai district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004395 |
| Branch | Newai |
| City | Tonk |
| District | Newai |
| State | Rajasthan |
| Address | Ground Floor, Plot No. F-77A, Riico, Jilay Road, Newai, Dist Tonk, Newai 304021 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Tonk for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004395 for the Newai branch of Axis Bank plays a vital role.
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 UTIB0004395 is given to every bank branch, including Axis Bank located in Newai, Tonk, 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 Tonk.
- 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 Tonk and Newai.
- 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 Newai doesn't end up at another location.
Format of the IFSC Code UTIB0004395
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Newai in Tonk.
For example, the IFSC Code UTIB0004395 of Axis Bank for the Newai branch includes these elements, identifying the bank and the branch location in Tonk and Rajasthan accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0004395 of Axis Bank for its Newai branch located in Tonk, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Tonk and Newai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Newai or Tonk to get the exact IFSC Code UTIB0004395.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Tonk, then it will provide you proper information.
How to Use IFSC Code UTIB0004395 for Online Transfers?
If you have the IFSC Code UTIB0004395 for the Newai branch of Axis Bank in Tonk, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004395. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0004395.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Newai in Tonk, it may 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 Newai, 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 Tonk to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004395.
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, Plot No. F-77A, Riico, Jilay Road, Newai, Dist Tonk, Newai 304021 located in Tonk, Newai, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
