IFSC Code of Axis Bank, Palanpur, Gujrat, Palanpur, Gujarat- UTIB0000256

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 Palanpur, Gujrat branch in Banaskantha, Palanpur, 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 Banaskantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0000256. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Palanpur, Gujrat, Banaskantha

Here are the key points that are associated with the IFSC Code UTIB0000256 of Axis Bank for its branch located in Banaskantha, within the district of Palanpur 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 Banaskantha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000256 for the Palanpur, Gujrat 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, along with Axis Bank located in Palanpur, Gujrat, Banaskantha, Gujarat, are given a unique IFSC like UTIB0000256 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Banaskantha.
• 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 Banaskantha and Palanpur.
• 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 Palanpur, Gujrat 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 UTIB0000256

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 Palanpur, Gujrat in Banaskantha.

For example, the IFSC Code UTIB0000256 of Axis Bank for the Palanpur, Gujrat branch includes these elements, identifying the bank and the branch location in Banaskantha and Gujarat accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0000256 of Axis Bank for its Palanpur, Gujrat branch located in Banaskantha, 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 Banaskantha and Palanpur, 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 Palanpur, Gujrat or Banaskantha to get the exact IFSC Code UTIB0000256.

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 Banaskantha, you'll get the correct details.

How to Use IFSC Code UTIB0000256 for Online Transfers?

Once you have the IFSC Code UTIB0000256 for the Palanpur, Gujrat branch of Axis Bank in Banaskantha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000256. 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 UTIB0000256.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Palanpur, Gujrat in Banaskantha, 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 Palanpur, Gujrat, 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 Banaskantha to handle online money transfers and get their cheques cleared smoothly.