The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Kodinar branch in Junagadh, Kodinar, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Junagadh or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0001591. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Kodinar, Junagadh
Below in the table are the key details related to IFSC Code UTIB0001591 of Axis Bank for its branch located in Junagadh, within the district of Kodinar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001591 |
| Branch | Kodinar |
| City | Junagadh |
| District | Kodinar |
| State | Gujarat |
| Address | Ali Complex, Dr. Jivraj Mehta Road, Kodinar, Dist. Junagadh, Gujarat, Pin 362 720 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Junagadh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001591 for the Kodinar branch of Axis Bank has an important 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, including Axis Bank located in Kodinar, Junagadh, Gujarat, is provided with a unique IFSC like UTIB0001591 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Junagadh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Junagadh and Kodinar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Kodinar do not get mixed with another location.
Format of the IFSC Code UTIB0001591
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 Kodinar in Junagadh.
For example, the IFSC Code UTIB0001591 of Axis Bank for the Kodinar branch includes these elements, identifying the bank and the branch location in Junagadh and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001591 of Axis Bank for its Kodinar branch located in Junagadh, 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 Junagadh and Kodinar, 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 Kodinar or Junagadh to get the exact IFSC Code UTIB0001591.
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 Junagadh that will provide accurate information.
How to Use IFSC Code UTIB0001591 for Online Transfers?
Once you have the IFSC Code UTIB0001591 for the Kodinar branch of Axis Bank in Junagadh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001591. 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 UTIB0001591.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Kodinar in Junagadh, 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 Kodinar, 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 Junagadh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001591.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ali Complex, Dr. Jivraj Mehta Road, Kodinar, Dist. Junagadh, Gujarat, Pin 362 720 located in Junagadh, Kodinar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
