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 Sihor branch in Bhavnagar, Sihor, 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 Bhavnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0001571. 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, Sihor, Bhavnagar
Below in the table are the key details related to IFSC Code UTIB0001571 of Axis Bank for its branch located in Bhavnagar, within the district of Sihor in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001571 |
| Branch | Sihor |
| City | Bhavnagar |
| District | Sihor |
| State | Gujarat |
| Address | Shop No. 24 To 29 & 31, Maruti Darshan Complex, Bhavnagar Sihor Road, Sihor, Dist. Bhavnagar, Gujarat, Pin 364240 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Bhavnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001571 for the Sihor branch of Axis Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Sihor, Bhavnagar, Gujarat, is provided a unique IFSC like UTIB0001571 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Bhavnagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bhavnagar and Sihor.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Sihor do not get misguided to another person.
Format of the IFSC Code UTIB0001571
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 Sihor in Bhavnagar.
For example, the IFSC Code UTIB0001571 of Axis Bank for the Sihor branch includes these elements, identifying the bank and the branch location in Bhavnagar and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001571 of Axis Bank for its Sihor branch located in Bhavnagar, 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 Bhavnagar and Sihor, 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 Sihor or Bhavnagar to find the exact IFSC Code UTIB0001571.
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 Bhavnagar will provide accurate information.
How to Use IFSC Code UTIB0001571 for Online Transfers?
Once you have the IFSC Code UTIB0001571 for the Sihor branch of Axis Bank in Bhavnagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001571. 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 UTIB0001571.
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 Sihor in Bhavnagar, it can 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 Sihor, 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 Bhavnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001571.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No. 24 To 29 & 31, Maruti Darshan Complex, Bhavnagar Sihor Road, Sihor, Dist. Bhavnagar, Gujarat, Pin 364240 located in Bhavnagar, Sihor, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
