IFSC Code of Axis Bank, Kharghar, Navi Mumbai, Maharashtra- UTIB0004827

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Kharghar branch in Mumbai, Navi Mumbai, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Axis Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0004827. 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, Kharghar, Mumbai

The table below shows the main details of the IFSC Code UTIB0004827 for the Axis Bank branch in Mumbai, which falls under the Navi Mumbai district in Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004827 for the Kharghar 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0004827 is given to every bank branch, including Axis Bank located in Kharghar, 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 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 Mumbai and Navi 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 Kharghar doesn't end up at another location.

Format of the IFSC Code UTIB0004827

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 Kharghar in Mumbai.

For example, the IFSC Code UTIB0004827 of Axis Bank for the Kharghar branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0004827 of Axis Bank for its Kharghar branch located in 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 Mumbai and Navi 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 Kharghar or Mumbai to get the exact IFSC Code UTIB0004827.

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 Mumbai, then it will provide you proper information.

How to Use IFSC Code UTIB0004827 for Online Transfers?

Once you have the IFSC Code UTIB0004827 for the Kharghar branch of Axis Bank in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004827. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0004827.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Kharghar in Mumbai, it can 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 Kharghar, 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 Mumbai manage online transfers as well as cheque clearances with ease.