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 Borsad, Anand branch in Anand, Borsad, 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 Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0001671. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Borsad, Anand, Anand
Here are the main details that are associated with the IFSC Code UTIB0001671 of Axis Bank for its branch located in Anand, within the district of Borsad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001671 |
| Branch | Borsad, Anand |
| City | Anand |
| District | Borsad |
| State | Gujarat |
| Address | Ground Floor, 1 To 5 Bhai Shree Mall, Near C.M. Park, Anand Road, Borsad 388540 Dist Anand |
These details help users in online banking and for businesses and individuals who use Axis Bank in Anand for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001671 for the Borsad, Anand 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Borsad, Anand, Anand, Gujarat, are given a unique IFSC like UTIB0001671 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Anand.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Anand and Borsad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Borsad, Anand goes to the correct branch. This is important because Axis Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0001671
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 Borsad, Anand in Anand.
For example, the IFSC Code UTIB0001671 of Axis Bank for the Borsad, Anand branch includes these elements, identifying the bank and the branch location in Anand and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0001671 of Axis Bank for its Borsad, Anand branch located in Anand, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Anand and Borsad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Borsad, Anand or Anand to get the exact IFSC Code UTIB0001671.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Anand, then it will provide you proper information.
How to Use IFSC Code UTIB0001671 for Online Transfers?
Once you have the IFSC Code UTIB0001671 for the Borsad, Anand branch of Axis Bank in Anand, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001671. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTIB0001671.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Borsad, Anand in Anand, your payment can get delayed or might not go through at all.
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 Borsad, Anand, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Anand to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001671.
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 Ground Floor, 1 To 5 Bhai Shree Mall, Near C.M. Park, Anand Road, Borsad 388540 Dist Anand located in Anand, Borsad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
