There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Vasna-Meghraj branch in Aravalli, Vasna-Meghraj, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Aravalli or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UTIB0002418. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Vasna-Meghraj, Aravalli
The table below shows the main details of the IFSC Code UTIB0002418 for the Axis Bank branch in Aravalli, which falls under the Vasna-Meghraj district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002418 |
| Branch | Vasna-Meghraj |
| City | Aravalli |
| District | Vasna-Meghraj |
| State | Gujarat |
| Address | Ground Floor, College Road, At Po Vasna, Taluka Meghraj, Dist. Aravalli, Vasna-Meghraj, Gujarat, Pin 383350 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Aravalli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002418 for the Vasna-Meghraj branch of Axis Bank plays 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, along with Axis Bank located in Vasna-Meghraj, Aravalli, Gujarat, are given a unique IFSC like UTIB0002418 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aravalli.
- 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 Aravalli and Vasna-Meghraj.
- 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 Vasna-Meghraj 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 UTIB0002418
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 Vasna-Meghraj in Aravalli.
For example, the IFSC Code UTIB0002418 of Axis Bank for the Vasna-Meghraj branch has these elements, identifying the bank and the branch location in Aravalli and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002418 of Axis Bank for its Vasna-Meghraj branch located in Aravalli, 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 Aravalli and Vasna-Meghraj, 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 Vasna-Meghraj or Aravalli to get the exact IFSC Code UTIB0002418.
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 Aravalli, then it will provide you proper information.
How to Use IFSC Code UTIB0002418 for Online Transfers?
Once you have the IFSC Code UTIB0002418 for the Vasna-Meghraj branch of Axis Bank in Aravalli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002418. 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 UTIB0002418.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Vasna-Meghraj in Aravalli may result in delayed or failed transactions.
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 Vasna-Meghraj, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Aravalli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vasna-Meghraj Aravalli branch is UTIB0002418.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, College Road, At Po Vasna, Taluka Meghraj, Dist. Aravalli, Vasna-Meghraj, Gujarat, Pin 383350.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.