IFSC Code of Axis Bank, Khar - West (Mumbai), Mumbai, Maharashtra- UTIB0000186

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 Khar - West (Mumbai) branch in Greater Mumbai, 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 Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0000186. 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, Khar - West (Mumbai), Greater Mumbai

The table below shows the main details of the IFSC Code UTIB0000186 for the Axis Bank branch in Greater Mumbai, which falls under the Mumbai district in Maharashtra.

These details help users in online banking and for businesses and individuals who use Axis Bank in Greater Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000186 for the Khar - West (Mumbai) branch of Axis Bank has a very 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 UTIB0000186 is given to every bank branch, including Axis Bank located in Khar - West (Mumbai), Greater Mumbai, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Greater Mumbai.
• 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 Greater Mumbai and Mumbai.
• 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Khar - West (Mumbai) doesn't end up at another location.

Format of the IFSC Code UTIB0000186

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Khar - West (Mumbai) in Greater Mumbai.

For example, the IFSC Code UTIB0000186 of Axis Bank for the Khar - West (Mumbai) branch has these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0000186 of Axis Bank for its Khar - West (Mumbai) branch located in Greater Mumbai, 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

Most banks, including Axis Bank branches in Greater Mumbai and Mumbai, print the IFSC and MICR codes 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 Khar - West (Mumbai) or Greater Mumbai to get the exact IFSC Code UTIB0000186.

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 Greater Mumbai, you'll get the correct details.

How to Use IFSC Code UTIB0000186 for Online Transfers?

Once you have the IFSC Code UTIB0000186 for the Khar - West (Mumbai) branch of Axis Bank in Greater Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000186. 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 UTIB0000186.

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