For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Lalpar Highway Branch branch in Morbi, Morbi, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Morbi or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0004016. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Lalpar Highway Branch, Morbi
Here are some of the key details that come with the IFSC Code UTIB0004016 of Axis Bank for its branch located in Morbi, within the district of Morbi in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004016 |
| Branch | Lalpar Highway Branch |
| City | Morbi |
| District | Morbi |
| State | Gujarat |
| Address | Ground Floor Shop No 1 2 3 4 Shivalik Corp House Nr Sbi Bank 8A National Highway Trajpar Morbi 363642 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Morbi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004016 for the Lalpar Highway Branch 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 Lalpar Highway Branch, Morbi, Gujarat, are allotted a unique IFSC like UTIB0004016 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Morbi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Morbi and Morbi.
- 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 Lalpar Highway Branch reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UTIB0004016
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): 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 Lalpar Highway Branch in Morbi.
For example, the IFSC Code UTIB0004016 of Axis Bank for the Lalpar Highway Branch branch includes these elements, identifying the bank and the branch location in Morbi and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004016 of Axis Bank for its Lalpar Highway Branch branch located in Morbi, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Morbi and Morbi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Lalpar Highway Branch or Morbi to find the exact IFSC Code UTIB0004016.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Morbi will provide accurate information.
How to Use IFSC Code UTIB0004016 for Online Transfers?
Once you have the IFSC Code UTIB0004016 for the Lalpar Highway Branch branch of Axis Bank in Morbi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004016. 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 UTIB0004016.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Lalpar Highway Branch in Morbi, 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 Lalpar Highway Branch, 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 Morbi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004016.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Shop No 1 2 3 4 Shivalik Corp House Nr Sbi Bank 8A National Highway Trajpar Morbi 363642 located in Morbi, Morbi, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
