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 Gotri Sevasi Road branch in Vadodara, Vadodara, 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 Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0005059. 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, Gotri Sevasi Road, Vadodara
Below in the table are the key details related to IFSC Code UTIB0005059 of Axis Bank for its branch located in Vadodara, within the district of Vadodara in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005059 |
| Branch | Gotri Sevasi Road |
| City | Vadodara |
| District | Vadodara |
| State | Gujarat |
| Address | Ground Floor Part Of Shop No 4, Sears Tower Old Survey No 63 1037,Gotri Sevasi Road |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Vadodara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005059 for the Gotri Sevasi Road branch of Axis Bank has an important role.
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 Gotri Sevasi Road, Vadodara, Gujarat, is provided a unique IFSC like UTIB0005059 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Vadodara.
- 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 Vadodara and Vadodara.
- 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 Gotri Sevasi Road do not get misguided to another person.
Format of the IFSC Code UTIB0005059
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 Gotri Sevasi Road in Vadodara.
For example, the IFSC Code UTIB0005059 of Axis Bank for the Gotri Sevasi Road branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005059 of Axis Bank for its Gotri Sevasi Road branch located in Vadodara, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Vadodara and Vadodara, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Gotri Sevasi Road or Vadodara to get the exact IFSC Code UTIB0005059.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Vadodara that will provide accurate information.
How to Use IFSC Code UTIB0005059 for Online Transfers?
Once you have the IFSC Code UTIB0005059 for the Gotri Sevasi Road branch of Axis Bank in Vadodara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005059. 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 UTIB0005059.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Gotri Sevasi Road in Vadodara, your payment can get delayed or might not go through at all.
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 Gotri Sevasi Road, 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 Vadodara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005059.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Part Of Shop No 4, Sears Tower Old Survey No 63 1037,Gotri Sevasi Road located in Vadodara, Vadodara, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.