The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Shapar Veraval branch in Rajkot, Shapar Veraval, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed 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 UTIB0004346. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Shapar Veraval, Rajkot
The table below shows the main details of the IFSC Code UTIB0004346 for the Axis Bank branch in Rajkot, which falls under the Shapar Veraval district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004346 |
| Branch | Shapar Veraval |
| City | Rajkot |
| District | Shapar Veraval |
| State | Gujarat |
| Address | Gr Flr,Shed No1,Rs No 205A, Village Shapar Veraval,Taluka Kotda Sangani,Rajkot 360024 |
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 UTIB0004346 for the Shapar Veraval 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 Shapar Veraval, Rajkot, Gujarat, is provided a unique IFSC like UTIB0004346 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 Shapar Veraval.
- 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 Shapar Veraval do not get misguided to another person.
Format of the IFSC Code UTIB0004346
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 Shapar Veraval in Rajkot.
For example, the IFSC Code UTIB0004346 of Axis Bank for the Shapar Veraval 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 UTIB0004346 of Axis Bank for its Shapar Veraval branch located in Rajkot, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Rajkot and Shapar Veraval, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Shapar Veraval or Rajkot to get the exact IFSC Code UTIB0004346.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Rajkot, you'll get the correct details.
How to Use IFSC Code UTIB0004346 for Online Transfers?
Once you have the IFSC Code UTIB0004346 for the Shapar Veraval 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 UTIB0004346. 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 UTIB0004346.
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 Shapar Veraval 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 Shapar Veraval, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Rajkot to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shapar Veraval Rajkot branch is UTIB0004346.
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 Gr Flr,Shed No1,Rs No 205A, Village Shapar Veraval,Taluka Kotda Sangani,Rajkot 360024.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
