IFSC Code of Axis Bank, Shastri Maidan, Rajkot, Rajkot, Gujarat- UTIB0000631

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 Shastri Maidan, Rajkot branch in Rajkot, Rajkot, 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 Rajkot or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UTIB0000631. 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, Shastri Maidan, Rajkot, Rajkot

Below in the table are the key details related to IFSC Code UTIB0000631 of Axis Bank for its branch located in Rajkot, within the district of Rajkot 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 UTIB0000631 for the Shastri Maidan, 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000631 is given to every bank branch, including Axis Bank located in Shastri Maidan, Rajkot, Rajkot, Gujarat, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Rajkot and Rajkot.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Shastri Maidan, Rajkot doesn't end up at another location.

Format of the IFSC Code UTIB0000631

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 Shastri Maidan, Rajkot in Rajkot.

For example, the IFSC Code UTIB0000631 of Axis Bank for the Shastri Maidan, 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 trying to find the IFSC Code UTIB0000631 of Axis Bank for its Shastri Maidan, Rajkot 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Rajkot and Rajkot, print them 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 Shastri Maidan, Rajkot or Rajkot to get the exact IFSC Code UTIB0000631.

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 UTIB0000631 for Online Transfers?

Once you have the IFSC Code UTIB0000631 for the Shastri Maidan, 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 UTIB0000631. 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 UTIB0000631.

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