There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Kaliyavav branch in Panchmahal, Kaliyavav, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Panchmahal or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UTIB0002336. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Kaliyavav, Panchmahal
Here are the key points that are associated with the IFSC Code UTIB0002336 of Axis Bank for its branch located in Panchmahal, within the district of Kaliyavav in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002336 |
| Branch | Kaliyavav |
| City | Panchmahal |
| District | Kaliyavav |
| State | Gujarat |
| Address | Ground Floor, Opposite Civic Hospital,Kaliyavav, Taluka Jambughoda,District Panchmahal,Pin-389330 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Panchmahal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002336 for the Kaliyavav 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 Kaliyavav, Panchmahal, Gujarat, are allotted a unique IFSC like UTIB0002336 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panchmahal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panchmahal and Kaliyavav.
- 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 Kaliyavav reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code UTIB0002336
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 Kaliyavav in Panchmahal.
For example, the IFSC Code UTIB0002336 of Axis Bank for the Kaliyavav branch includes these elements, identifying the bank and the branch location in Panchmahal and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002336 of Axis Bank for its Kaliyavav branch located in Panchmahal, 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 Panchmahal and Kaliyavav, 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 Kaliyavav or Panchmahal to get the exact IFSC Code UTIB0002336.
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 Panchmahal, then it will provide you proper information.
How to Use IFSC Code UTIB0002336 for Online Transfers?
If you have the IFSC Code UTIB0002336 for the Kaliyavav branch of Axis Bank in Panchmahal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002336. 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 UTIB0002336.
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 Kaliyavav in Panchmahal, it may result in delayed or failed transactions.
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 Kaliyavav, 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 Panchmahal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002336.
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, Opposite Civic Hospital,Kaliyavav, Taluka Jambughoda,District Panchmahal,Pin-389330 located in Panchmahal, Kaliyavav, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.