IFSC Code of Axis Bank, Lamington Road (Mumbai), Mumbai, Maharashtra — UTIB0000465

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Lamington Road (Mumbai) branch in Greater Mumbai, Mumbai, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Greater Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0000465. 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, Lamington Road (Mumbai), Greater Mumbai

Here are the main details that are associated with the IFSC Code UTIB0000465 of Axis Bank for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Greater Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000465 for the Lamington Road (Mumbai) 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000465 is given to every bank branch, including Axis Bank located in Lamington Road (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 Lamington Road (Mumbai) doesn't end up at another location.

Format of the IFSC Code UTIB0000465

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 Lamington Road (Mumbai) in Greater Mumbai.

For example, the IFSC Code UTIB0000465 of Axis Bank for the Lamington Road (Mumbai) branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0000465 of Axis Bank for its Lamington Road (Mumbai) branch located in Greater Mumbai, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Greater Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Lamington Road (Mumbai) or Greater Mumbai to get the exact IFSC Code UTIB0000465.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Greater Mumbai, then it will provide you proper information.

How to Use IFSC Code UTIB0000465 for Online Transfers?

Once you have the IFSC Code UTIB0000465 for the Lamington Road (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 UTIB0000465. 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 UTIB0000465.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Lamington Road (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 Lamington Road (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.