AXIS BANK IFSC CODE

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Axis Bank has a vast network of branches all over the country, each having its own unique IFSC Code. This code is mandatory for all customers wishing to carry out online transactions via net banking, IMPS, NEFT and RTGS. The code is allocated to all the branches by the banking authority of the country, the Reserve Bank of India.

The advent of technology has made online transactions easier and more convenient. The Axis Bank IFSC Code enables an online banking facility for every Axis account. This code helps in identifying the origin bank and the destination branch during every transaction.

Axis Bank IFSC Code Format

The Axis Bank IFSC code is a unique 11-digit alphanumeric code allotted to every Axis Bank branch. The first four characters of their IFSC code are ‘UTIB’, which represents the bank’s name. The fifth character is always a ‘0’. This is reserved to change in case the number of bank branches increases. The last six characters incorporate the branch code associated with the particular Axis branch.

For example, the IFSC code for the Axis Bank Mehrauli branch is UTIB0003098. Here, UTIB denotes the bank name, and 003098 represents the branch code.

How to Find Axis Bank IFSC Code?

The Axis Bank IFSC code can be easily found on the Axis bank passbook issued to every customer. The IFSC code is also printed on the chequebook. It is printed on the top left corner of every cheque leaf. Alternatively, the IFSC code can also be found online on the Axis Bank or RBI websites.

FAQs

Where can I find my Axis Bank IFSC code?

The Axis Bank IFSC code can be found on the bank passbook or chequebook issued to every customer. Alternatively, you can also find the IFSC code on the Axis Bank website or RBI website.

Is the IFSC code the same for all the Axis Bank branches?

No, every Axis Bank branch has its own unique 11-digit IFSC code.

What are the IMPS charges by Axis Bank?

There are no charges for internal fund transfers on IMPS transactions in Axis Bank. For international transactions, there are Rs. 2.5 additional charges on amounts up to Rs. 1,000. For transactions between Rs. 1,000 to Rs. 10,000, the customers will be charged Rs. 5. There is a Rs. 10 charge on transactions between Rs. 1,00,000 to Rs. 5,00,000.

What is the bank code of Axis Bank?

The bank code for Axis bank is the first four characters of the IFSC code. In this case, it is ‘UTIB’.

How can I know the branch name of Axis Bank?

The branch details, address and IFSC code are printed on the passbook and chequebook issued to the customers. The full bank address is printed on the top left corner of every bank issued cheque leaf.