IFSC Code of Axis Bank, Vartaknagar-Thane-West, Thane, Maharashtra- UTIB0002168

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 Vartaknagar-Thane-West branch in Thane, Thane, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0002168. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Vartaknagar-Thane-West, Thane

Here are the main details that are associated with the IFSC Code UTIB0002168 of Axis Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002168 for the Vartaknagar-Thane-West 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 Vartaknagar-Thane-West, Thane, Maharashtra, is provided with a unique IFSC like UTIB0002168 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Thane.
• 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 Thane and Thane.
• 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Vartaknagar-Thane-West do not get mixed with another location.

Format of the IFSC Code UTIB0002168

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vartaknagar-Thane-West in Thane.

For example, the IFSC Code UTIB0002168 of Axis Bank for the Vartaknagar-Thane-West branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002168 of Axis Bank for its Vartaknagar-Thane-West branch located in Thane, 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 Thane and Thane, 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 Vartaknagar-Thane-West or Thane to get the exact IFSC Code UTIB0002168.

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 Thane, you'll get the correct details.

How to Use IFSC Code UTIB0002168 for Online Transfers?

If you have the IFSC Code UTIB0002168 for the Vartaknagar-Thane-West branch of Axis Bank in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002168. 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 UTIB0002168.

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 Vartaknagar-Thane-West in Thane, it may 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 Vartaknagar-Thane-West, 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 Thane to handle online money transfers and get their cheques cleared smoothly.