IFSC Code of Axis Bank, Synergy Circle Rajkot, Rajkot, Gujarat- UTIB0005420

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 Synergy Circle Rajkot 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 UTIB0005420. 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, Synergy Circle Rajkot, Rajkot

Below in the table are the key details related to IFSC Code UTIB0005420 of Axis Bank for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.

These details helps 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 UTIB0005420 for the Synergy Circle Rajkot branch of Axis Bank plays a vital 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 Synergy Circle Rajkot, Rajkot, Gujarat, is provided with a unique IFSC like UTIB0005420 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 Rajkot.
• 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 Synergy Circle Rajkot do not get mixed with another location.

Format of the IFSC Code UTIB0005420

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 Synergy Circle Rajkot in Rajkot.

For example, the IFSC Code UTIB0005420 of Axis Bank for the Synergy Circle 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 UTIB0005420 of Axis Bank for its Synergy Circle 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 Synergy Circle Rajkot or Rajkot to get the exact IFSC Code UTIB0005420.

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 UTIB0005420 for Online Transfers?

Once you have the IFSC Code UTIB0005420 for the Synergy Circle Rajkot branch of Axis Bank in Rajkot, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0005420. Transfers are processed in batches. This is suitable for 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 UTIB0005420.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Synergy Circle Rajkot in Rajkot may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Synergy Circle Rajkot, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Rajkot manage their online transfers and cheque clearances easily.