IFSC Code of Axis Bank, Ribda Rajkot, Ribda, Gujarat- UTIB0005345

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Ribda Rajkot branch in Rajkot, Ribda, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0005345. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Ribda Rajkot, Rajkot

Here are the key points that are associated with the IFSC Code UTIB0005345 of Axis Bank for its branch located in Rajkot, within the district of Ribda in the state of Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Rajkot for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005345 for the Ribda Rajkot branch of Axis Bank has 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, including Axis Bank located in Ribda Rajkot, Rajkot, Gujarat, is provided with a unique IFSC like UTIB0005345 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Rajkot.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Rajkot and Ribda.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Ribda Rajkot do not get mixed with another location.

Format of the IFSC Code UTIB0005345

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 Ribda Rajkot in Rajkot.

For example, the IFSC Code UTIB0005345 of Axis Bank for the Ribda Rajkot 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 looking for the IFSC Code UTIB0005345 of Axis Bank for its Ribda Rajkot branch located in Rajkot, 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 Rajkot and Ribda, 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 Ribda Rajkot or Rajkot to get the exact IFSC Code UTIB0005345.

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 Rajkot, then it will provide you proper information.

How to Use IFSC Code UTIB0005345 for Online Transfers?

Once you have the IFSC Code UTIB0005345 for the Ribda Rajkot 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 UTIB0005345. 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 UTIB0005345.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ribda Rajkot 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 Ribda Rajkot, 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.