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 Narol branch in Ahemdabad, Ahemdabad, Gujarat, 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 Ahemdabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0002861. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Narol, Ahemdabad
The table below shows the main details of the IFSC Code UTIB0002861 for the Axis Bank branch in Ahemdabad, which falls under the Ahemdabad district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002861 |
| Branch | Narol |
| City | Ahemdabad |
| District | Ahemdabad |
| State | Gujarat |
| Address | Gr Fl 6 7 Part Of Shop No 7 Sukh Amrut Complex Narol Aslali Hwg N H 8 Narol Ahmedabad 382405 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Ahemdabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0002861 for the Narol 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, including Axis Bank located in Narol, Ahemdabad, Gujarat, is provided with a unique IFSC like UTIB0002861 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Ahemdabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ahemdabad and Ahemdabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Narol do not get mixed with another location.
Format of the IFSC Code UTIB0002861
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 Narol in Ahemdabad.
For example, the IFSC Code UTIB0002861 of Axis Bank for the Narol branch has these elements, identifying the bank and the branch location in Ahemdabad and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0002861 of Axis Bank for its Narol branch located in Ahemdabad, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Ahemdabad and Ahemdabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Narol or Ahemdabad to find the exact IFSC Code UTIB0002861.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Ahemdabad will provide accurate information.
How to Use IFSC Code UTIB0002861 for Online Transfers?
Once you have the IFSC Code UTIB0002861 for the Narol branch of Axis Bank in Ahemdabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002861. 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 UTIB0002861.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Narol in Ahemdabad, your payment can get delayed or might not go through at all.
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 Narol, 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 Ahemdabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002861.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gr Fl 6 7 Part Of Shop No 7 Sukh Amrut Complex Narol Aslali Hwg N H 8 Narol Ahmedabad 382405 located in Ahemdabad, Ahemdabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.