IFSC Code of Axis Bank, Ranchod Nagar, Rajkot, Gujarat- UTIB0002866

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 Ranchod Nagar branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0002866. 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, Ranchod Nagar, Rajkot

Here are the key points that are associated with the IFSC Code UTIB0002866 of Axis Bank for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.

These details help users in online banking and for businesses and individuals who use Axis Bank in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002866 for the Ranchod Nagar branch of Axis Bank has a very important role.

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 Ranchod Nagar, Rajkot, Gujarat, is provided a unique IFSC like UTIB0002866 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 Rajkot.
• 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 Ranchod Nagar do not get misguided to another person.

Format of the IFSC Code UTIB0002866

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ranchod Nagar in Rajkot.

For example, the IFSC Code UTIB0002866 of Axis Bank for the Ranchod Nagar branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002866 of Axis Bank for its Ranchod Nagar 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 Rajkot, 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 Ranchod Nagar or Rajkot to get the exact IFSC Code UTIB0002866.

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 UTIB0002866 for Online Transfers?

Once you have the IFSC Code UTIB0002866 for the Ranchod Nagar branch of Axis Bank in Rajkot, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0002866. 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 UTIB0002866.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ranchod Nagar in Rajkot, 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 Ranchod Nagar, 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 Rajkot manage online transfers as well as cheque clearances with ease.