Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Satellite branch in Ahmadabad, Ahmedabad, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0002647. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Satellite, Ahmadabad
The table below shows the main details of the IFSC Code UTIB0002647 for the Axis Bank branch in Ahmadabad, which falls under the Ahmedabad district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002647 |
| Branch | Satellite |
| City | Ahmadabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Ground Floor Shop No 2 3 4 5 And 6 Near Prerna Tirth Derasar Jodhpur |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Ahmadabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002647 for the Satellite 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Satellite, Ahmadabad, Gujarat, are allotted a unique IFSC like UTIB0002647 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmadabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ahmadabad and Ahmedabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Satellite reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UTIB0002647
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 Satellite in Ahmadabad.
For example, the IFSC Code UTIB0002647 of Axis Bank for the Satellite branch includes these elements, identifying the bank and the branch location in Ahmadabad and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0002647 of Axis Bank for its Satellite branch located in Ahmadabad, 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 Ahmadabad and Ahmedabad, 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 Satellite or Ahmadabad to find the exact IFSC Code UTIB0002647.
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 Ahmadabad will provide accurate information.
How to Use IFSC Code UTIB0002647 for Online Transfers?
Once you have the IFSC Code UTIB0002647 for the Satellite branch of Axis Bank in Ahmadabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002647. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002647.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Satellite in Ahmadabad may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Satellite, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Ahmadabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002647.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Shop No 2 3 4 5 And 6 Near Prerna Tirth Derasar Jodhpur located in Ahmadabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.