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IFSC Code of Axis Bank, Off Linking Road, Bandra (W), Mumbai, Maharashtra — UTIB0001624

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 Off Linking Road, Bandra (W) 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 UTIB0001624. 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, Off Linking Road, Bandra (W), Greater Bombay

Below in the table are the key details related to IFSC Code UTIB0001624 of Axis Bank for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001624
Branch Off Linking Road, Bandra (W)
City Greater Bombay
District Mumbai
State Maharashtra
Address Ground Floor, Sudham, Plot No.235A, Corner Of 27 Th And 30 Th Road, Off Linking Road, Bandra(W), Mumbai, Maharashtra,Pin 400050

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001624 for the Off Linking Road, Bandra (W) branch of Axis Bank is vital.

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 Off Linking Road, Bandra (W), Greater Bombay, Maharashtra, are given a unique IFSC like UTIB0001624 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 any kind of 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 helps ensure that any money sent to Axis Bank in Off Linking Road, Bandra (W) goes to the correct branch. This is important because Axis Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0001624

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 Off Linking Road, Bandra (W) in Greater Bombay.

For example, the IFSC Code UTIB0001624 of Axis Bank for the Off Linking Road, Bandra (W) 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?

To find the IFSC Code UTIB0001624 of Axis Bank for its Off Linking Road, Bandra (W) branch located in Greater Bombay, 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 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 go to the branch locator section. Then search for Off Linking Road, Bandra (W) or Greater Bombay to find the exact IFSC Code UTIB0001624.

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 Greater Bombay will provide accurate information.

How to Use IFSC Code UTIB0001624 for Online Transfers?

Once you have the IFSC Code UTIB0001624 for the Off Linking Road, Bandra (W) 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 UTIB0001624. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0001624.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Off Linking Road, Bandra (W) 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 Off Linking Road, Bandra (W), 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 Greater Bombay manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Off Linking Road, Bandra (W), Greater Bombay?

The IFSC Code is UTIB0001624.

Is the IFSC Code UTIB0001624 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Off Linking Road, Bandra (W)?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Off Linking Road, Bandra (W) branch?

The address of the branch is Ground Floor, Sudham, Plot No.235A, Corner Of 27 Th And 30 Th Road, Off Linking Road, Bandra(W), Mumbai, Maharashtra,Pin 400050 located in Greater Bombay, Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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