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 Kangashiyali branch in Rajkot, Kangashiyali, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0005666. 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, Kangashiyali, Rajkot

Here are some of the key details that come with the IFSC Code UTIB0005666 of Axis Bank for its branch located in Rajkot, within the district of Kangashiyali in the state of Gujarat.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0005666
Branch Kangashiyali
City Rajkot
District Kangashiyali
State Gujarat
Address Ground Floor, Shop No 1 To 4, R S Gondal Road, Kangashiyali, Sub Dist Lodhika Dist Rajkot, 360022, Gujarat

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005666 for the Kangashiyali branch of Axis Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Kangashiyali, Rajkot, Gujarat, is provided a unique IFSC like UTIB0005666 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Rajkot.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Rajkot and Kangashiyali.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Kangashiyali do not get misguided to another person.

Format of the IFSC Code UTIB0005666

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 Kangashiyali in Rajkot.

For example, the IFSC Code UTIB0005666 of Axis Bank for the Kangashiyali branch has these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0005666 of Axis Bank for its Kangashiyali branch located in Rajkot, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Rajkot and Kangashiyali, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Kangashiyali or Rajkot to get the exact IFSC Code UTIB0005666.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Rajkot that will provide accurate information.

How to Use IFSC Code UTIB0005666 for Online Transfers?

Once you have the IFSC Code UTIB0005666 for the Kangashiyali branch of Axis Bank in Rajkot, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0005666. 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 UTIB0005666.

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 Kangashiyali in Rajkot, it can result in delayed or failed transactions.

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 Kangashiyali, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Rajkot manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Kangashiyali, Rajkot?

The IFSC Code is UTIB0005666.

Is the IFSC Code UTIB0005666 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Kangashiyali?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kangashiyali branch?

The address of the branch is Ground Floor, Shop No 1 To 4, R S Gondal Road, Kangashiyali, Sub Dist Lodhika Dist Rajkot, 360022, Gujarat located in Rajkot, Kangashiyali, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.