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 New Vasna, Ahmedabad branch in Ahmedabad, Ahmedabad, Gujarat, 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 Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0004667. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, New Vasna, Ahmedabad, Ahmedabad
Here are the key points that are associated with the IFSC Code UTIB0004667 of Axis Bank for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004667 |
| Branch | New Vasna, Ahmedabad |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Ground Floor, Shop No. 18 And 19, T. P. No. 94, City Gate, Ahmedabad 380055 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Ahmedabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004667 for the New Vasna, Ahmedabad branch of Axis Bank has a very important 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 UTIB0004667 is given to every bank branch, including Axis Bank located in New Vasna, Ahmedabad, Ahmedabad, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Ahmedabad.
- 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 Ahmedabad and Ahmedabad.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in New Vasna, Ahmedabad doesn't end up at another location.
Format of the IFSC Code UTIB0004667
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as New Vasna, Ahmedabad in Ahmedabad.
For example, the IFSC Code UTIB0004667 of Axis Bank for the New Vasna, Ahmedabad branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004667 of Axis Bank for its New Vasna, Ahmedabad branch located in Ahmedabad, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Ahmedabad and Ahmedabad, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for New Vasna, Ahmedabad or Ahmedabad to get the exact IFSC Code UTIB0004667.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Ahmedabad, you'll get the correct details.
How to Use IFSC Code UTIB0004667 for Online Transfers?
Once you have the IFSC Code UTIB0004667 for the New Vasna, Ahmedabad branch of Axis Bank in Ahmedabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004667. 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 UTIB0004667.
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 New Vasna, Ahmedabad in Ahmedabad, it can 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 New Vasna, Ahmedabad, 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 Ahmedabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004667.
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. 18 And 19, T. P. No. 94, City Gate, Ahmedabad 380055 located in Ahmedabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.