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 Agacaim branch in North Goa, Agaciam, Goa, 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 North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code UTIB0001169. 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, Agacaim, North Goa
Here are the key points that are associated with the IFSC Code UTIB0001169 of Axis Bank for its branch located in North Goa, within the district of Agaciam in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001169 |
| Branch | Agacaim |
| City | North Goa |
| District | Agaciam |
| State | Goa |
| Address | Shop No. 1,2,3 & 4,Ange Marie, Malwara,Village Panchayat Ofst. Lawrence,Agacaim, Goa , Pin 403204. |
These details helps users in online banking and for businesses and individuals who use Axis Bank in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001169 for the Agacaim branch of Axis Bank plays a vital 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 UTIB0001169 is given to every bank branch, including Axis Bank located in Agacaim, North Goa, Goa, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in North Goa.
- 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 North Goa and Agaciam.
- 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 Goa and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Agacaim doesn't end up at another location.
Format of the IFSC Code UTIB0001169
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Agacaim in North Goa.
For example, the IFSC Code UTIB0001169 of Axis Bank for the Agacaim branch has these elements, identifying the bank and the branch location in North Goa and Goa correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001169 of Axis Bank for its Agacaim branch located in North Goa, 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 North Goa and Agaciam, 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 Agacaim or North Goa to find the exact IFSC Code UTIB0001169.
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 North Goa will provide accurate information.
How to Use IFSC Code UTIB0001169 for Online Transfers?
Once you have the IFSC Code UTIB0001169 for the Agacaim branch of Axis Bank in North Goa, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001169. 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 UTIB0001169.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Agacaim in North Goa, your payment can get delayed or might not go through at all.
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 Agacaim, 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 North Goa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Agacaim North Goa branch is UTIB0001169.
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 Shop No. 1,2,3 & 4,Ange Marie, Malwara,Village Panchayat Ofst. Lawrence,Agacaim, Goa , Pin 403204..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
