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 Gidc Ankleshwar branch in Bharuch, Ankleshwar, 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 Bharuch or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0005586. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Gidc Ankleshwar, Bharuch
Here are the key points that are associated with the IFSC Code UTIB0005586 of Axis Bank for its branch located in Bharuch, within the district of Ankleshwar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005586 |
| Branch | Gidc Ankleshwar |
| City | Bharuch |
| District | Ankleshwar |
| State | Gujarat |
| Address | Ground Floor,Shop No 16 To 21,Plot No 1103 S No 219,220,Bhadkodra,Taluka Ankleshwar |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Bharuch for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005586 for the Gidc Ankleshwar 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0005586 is given to every bank branch, including Axis Bank located in Gidc Ankleshwar, Bharuch, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Bharuch.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Bharuch and Ankleshwar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Gidc Ankleshwar doesn't end up at another location.
Format of the IFSC Code UTIB0005586
The format of the IFSC Code for banks, including Axis Bank, has 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 Gidc Ankleshwar in Bharuch.
For example, the IFSC Code UTIB0005586 of Axis Bank for the Gidc Ankleshwar branch includes these elements, identifying the bank and the branch location in Bharuch and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005586 of Axis Bank for its Gidc Ankleshwar branch located in Bharuch, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Bharuch and Ankleshwar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Gidc Ankleshwar or Bharuch to find the exact IFSC Code UTIB0005586.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Bharuch will provide accurate information.
How to Use IFSC Code UTIB0005586 for Online Transfers?
If you have the IFSC Code UTIB0005586 for the Gidc Ankleshwar branch of Axis Bank in Bharuch, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005586. 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 UTIB0005586.
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 Gidc Ankleshwar in Bharuch, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Gidc Ankleshwar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bharuch manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Gidc Ankleshwar Bharuch branch is UTIB0005586.
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,Shop No 16 To 21,Plot No 1103 S No 219,220,Bhadkodra,Taluka Ankleshwar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.