IFSC Code of Axis Bank, Udaipur, Udaipur, Rajasthan- UTIB0005696

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 Udaipur branch in Udaipur, Udaipur, 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 Udaipur or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code UTIB0005696. 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, Udaipur, Udaipur

Here are the key points that are associated with the IFSC Code UTIB0005696 of Axis Bank for its branch located in Udaipur, within the district of Udaipur in the state of Rajasthan.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Udaipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005696 for the Udaipur 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 UTIB0005696 is given to every bank branch, including Axis Bank located in Udaipur, Udaipur, 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 Udaipur.
• 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 Udaipur and Udaipur.
• 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 Udaipur doesn't end up at another location.

Format of the IFSC Code UTIB0005696

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 Udaipur in Udaipur.

For example, the IFSC Code UTIB0005696 of Axis Bank for the Udaipur branch includes these elements, identifying the bank and the branch location in Udaipur and Rajasthan accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0005696 of Axis Bank for its Udaipur branch located in Udaipur, 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 Udaipur and Udaipur, 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 Udaipur or Udaipur to get the exact IFSC Code UTIB0005696.

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 Udaipur that will provide accurate information.

How to Use IFSC Code UTIB0005696 for Online Transfers?

Once you have the IFSC Code UTIB0005696 for the Udaipur branch of Axis Bank in Udaipur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0005696. 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 UTIB0005696.

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 Udaipur in Udaipur, 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 Udaipur, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Udaipur manage online transfers as well as cheque clearances with ease.