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 Lunawada branch in Mahisagar, Lunawada, 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 Mahisagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0003629. 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, Lunawada, Mahisagar
Here are some of the key details that come with the IFSC Code UTIB0003629 of Axis Bank for its branch located in Mahisagar, within the district of Lunawada in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003629 |
| Branch | Lunawada |
| City | Mahisagar |
| District | Lunawada |
| State | Gujarat |
| Address | Gr Floor,Csn 5125,Opp. Nagarpalika Community Hall,Godhra Road,Nr. Taluka Panchayat, Lunawada 389230 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Mahisagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003629 for the Lunawada 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 Lunawada, Mahisagar, Gujarat, are allotted a unique IFSC like UTIB0003629 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mahisagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mahisagar and Lunawada.
- 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 Lunawada reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UTIB0003629
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Lunawada in Mahisagar.
For example, the IFSC Code UTIB0003629 of Axis Bank for the Lunawada branch includes these elements, identifying the bank and the branch location in Mahisagar and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003629 of Axis Bank for its Lunawada branch located in Mahisagar, 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 Mahisagar and Lunawada, 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 Lunawada or Mahisagar to get the exact IFSC Code UTIB0003629.
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 Mahisagar, you'll get the correct details.
How to Use IFSC Code UTIB0003629 for Online Transfers?
Once you have the IFSC Code UTIB0003629 for the Lunawada branch of Axis Bank in Mahisagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003629. 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 UTIB0003629.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Lunawada in Mahisagar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Lunawada, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Mahisagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003629.
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 Gr Floor,Csn 5125,Opp. Nagarpalika Community Hall,Godhra Road,Nr. Taluka Panchayat, Lunawada 389230 located in Mahisagar, Lunawada, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.