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 Veraval, Gujarat branch in Junagadh, Veraval,, or Gujarat, 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 Junagadh or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0000541. 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, Veraval, Gujarat, Junagadh
Below in the table are the key details related to IFSC Code UTIB0000541 of Axis Bank for its branch located in Junagadh, within the district of Veraval, in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000541 |
| Branch | Veraval, Gujarat |
| City | Junagadh |
| District | Veraval, |
| State | Gujarat |
| Address | Satguru Arcade, Plot No. 54, Near Tower Chowk, Rajmahal Road, Veraval 362 266 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Junagadh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000541 for the Veraval, Gujarat branch of Axis Bank plays 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, along with Axis Bank located in Veraval, Gujarat, Junagadh, Gujarat, are allotted a unique IFSC like UTIB0000541 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Junagadh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Junagadh and Veraval,.
- 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 Veraval, Gujarat reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UTIB0000541
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 Veraval, Gujarat in Junagadh.
For example, the IFSC Code UTIB0000541 of Axis Bank for the Veraval, Gujarat 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 UTIB0000541 of Axis Bank for its Veraval, Gujarat branch located in Junagadh, 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 Junagadh and Veraval,, 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 Veraval, Gujarat or Junagadh to get the exact IFSC Code UTIB0000541.
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 Junagadh, you'll get the correct details.
How to Use IFSC Code UTIB0000541 for Online Transfers?
If you have the IFSC Code UTIB0000541 for the Veraval, Gujarat branch of Axis Bank in Junagadh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000541. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0000541.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Veraval, Gujarat in Junagadh, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Veraval, Gujarat, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Junagadh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Veraval, Gujarat Junagadh branch is UTIB0000541.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Satguru Arcade, Plot No. 54, Near Tower Chowk, Rajmahal Road, Veraval 362 266.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.