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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Grid Chokdi branch in Anand, Anand, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0003220. 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, Grid Chokdi, Anand
Below in the table are the key details related to IFSC Code UTIB0003220 of Axis Bank for its branch located in Anand, within the district of Anand in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003220 |
| Branch | Grid Chokdi |
| City | Anand |
| District | Anand |
| State | Gujarat |
| Address | Ground Floor Shop No 4 And 5 Drashti Arcade Anand Gujarat Pin 388001 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Anand for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003220 for the Grid Chokdi 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, along with Axis Bank located in Grid Chokdi, Anand, Gujarat, are allotted a unique IFSC like UTIB0003220 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 confusion between different branches of the same bank in places like Anand and Anand.
- 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 Grid Chokdi reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UTIB0003220
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 Grid Chokdi in Anand.
For example, the IFSC Code UTIB0003220 of Axis Bank for the Grid Chokdi branch has these elements, identifying the bank and the branch location in Anand and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003220 of Axis Bank for its Grid Chokdi branch located in Anand, 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
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Anand and Anand, print them 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 Grid Chokdi or Anand to get the exact IFSC Code UTIB0003220.
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 Anand, you'll get the correct details.
How to Use IFSC Code UTIB0003220 for Online Transfers?
Once you have the IFSC Code UTIB0003220 for the Grid Chokdi branch of Axis Bank in Anand, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003220. 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 UTIB0003220.
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 Grid Chokdi in Anand, 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 Grid Chokdi, 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 Anand manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003220.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor Shop No 4 And 5 Drashti Arcade Anand Gujarat Pin 388001 located in Anand, Anand, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
