IFSC Code of Axis Bank, Chandivali, Mumbai, Maharashtra- UTIB0003105

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 Chandivali branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0003105. 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, Chandivali, Greater Bombay

Here are the main details that are associated with the IFSC Code UTIB0003105 of Axis Bank for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003105 for the Chandivali branch of Axis Bank plays a vital 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 Chandivali, Greater Bombay, Maharashtra, are allotted a unique IFSC like UTIB0003105 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Greater Bombay.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Axis Bank in Chandivali reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UTIB0003105

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chandivali in Greater Bombay.

For example, the IFSC Code UTIB0003105 of Axis Bank for the Chandivali branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003105 of Axis Bank for its Chandivali branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Chandivali or Greater Bombay to get the exact IFSC Code UTIB0003105.

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 Greater Bombay that will provide accurate information.

How to Use IFSC Code UTIB0003105 for Online Transfers?

Once you have the IFSC Code UTIB0003105 for the Chandivali branch of Axis Bank in Greater Bombay, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003105. 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 UTIB0003105.

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