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 Gudari branch in Rayagada, Gudari, Odisha, 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 Rayagada or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0004636. 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, Gudari, Rayagada
Here are the key points that are associated with the IFSC Code UTIB0004636 of Axis Bank for its branch located in Rayagada, within the district of Gudari in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004636 |
| Branch | Gudari |
| City | Rayagada |
| District | Gudari |
| State | Odisha |
| Address | Ground Floor, Main Road, Khata No 73, 1110 And Plot No 170, 1433, 1468 Near Sbi, Ps Gudari, Dist Rayagada |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Rayagada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004636 for the Gudari branch of Axis Bank plays 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, along with Axis Bank located in Gudari, Rayagada, Odisha, are allotted a unique IFSC like UTIB0004636 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rayagada.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rayagada and Gudari.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Gudari reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UTIB0004636
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 Gudari in Rayagada.
For example, the IFSC Code UTIB0004636 of Axis Bank for the Gudari branch has these elements, identifying the bank and the branch location in Rayagada and Odisha correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0004636 of Axis Bank for its Gudari branch located in Rayagada, 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 Rayagada and Gudari, 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 Gudari or Rayagada to get the exact IFSC Code UTIB0004636.
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 Rayagada, then it will provide you proper information.
How to Use IFSC Code UTIB0004636 for Online Transfers?
If you have the IFSC Code UTIB0004636 for the Gudari branch of Axis Bank in Rayagada, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004636. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0004636.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Gudari in Rayagada, it may result in delayed or failed transactions.
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 Gudari, 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 Rayagada manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004636.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Main Road, Khata No 73, 1110 And Plot No 170, 1433, 1468 Near Sbi, Ps Gudari, Dist Rayagada located in Rayagada, Gudari, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
