IFSC Code of Axis Bank, The Anand Mercantile Co-Operative Bank Ltd., Anand, Gujarat- UTIB0SAMC01

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 The Anand Mercantile Co-Operative Bank Ltd. branch in Anand, Anand, 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 Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0SAMC01. 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, The Anand Mercantile Co-Operative Bank Ltd., Anand

Here are the key points that are associated with the IFSC Code UTIB0SAMC01 of Axis Bank for its branch located in Anand, within the district of Anand in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Anand for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SAMC01 for the The Anand Mercantile Co-Operative Bank Ltd. branch of Axis Bank has an 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, including Axis Bank located in The Anand Mercantile Co-Operative Bank Ltd., Anand, Gujarat, is provided with a unique IFSC like UTIB0SAMC01 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Anand.
• 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 Anand and Anand.
• 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 The Anand Mercantile Co-Operative Bank Ltd. do not get mixed with another location.

Format of the IFSC Code UTIB0SAMC01

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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The Anand Mercantile Co-Operative Bank Ltd. in Anand.

For example, the IFSC Code UTIB0SAMC01 of Axis Bank for the The Anand Mercantile Co-Operative Bank Ltd. 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 trying to find the IFSC Code UTIB0SAMC01 of Axis Bank for its The Anand Mercantile Co-Operative Bank Ltd. branch located in Anand, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Anand and Anand, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for The Anand Mercantile Co-Operative Bank Ltd. or Anand to get the exact IFSC Code UTIB0SAMC01.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Anand that will provide accurate information.

How to Use IFSC Code UTIB0SAMC01 for Online Transfers?

If you have the IFSC Code UTIB0SAMC01 for the The Anand Mercantile Co-Operative Bank Ltd. branch of Axis Bank in Anand, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SAMC01. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0SAMC01.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank The Anand Mercantile Co-Operative Bank Ltd. in Anand, it 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 The Anand Mercantile Co-Operative Bank Ltd., 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.