IFSC Code of Axis Bank, Old Padra Road, Vadodara, Gujarat- UTIB0002862

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 Old Padra Road branch in Vadodara, Vadodara, 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 Vadodara or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UTIB0002862. 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, Old Padra Road, Vadodara

Here are some of the key details that come with the IFSC Code UTIB0002862 of Axis Bank for its branch located in Vadodara, within the district of Vadodara in the state of Gujarat.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Vadodara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002862 for the Old Padra Road 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 Old Padra Road, Vadodara, Gujarat, are given a unique IFSC like UTIB0002862 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Vadodara.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Vadodara and Vadodara.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Old Padra Road goes to the correct branch. This is important because Axis Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0002862

The format of the IFSC Code for banks, including Axis Bank, has 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 Old Padra Road in Vadodara.

For example, the IFSC Code UTIB0002862 of Axis Bank for the Old Padra Road branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0002862 of Axis Bank for its Old Padra Road branch located in Vadodara, 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 Vadodara and Vadodara, 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 Old Padra Road or Vadodara to get the exact IFSC Code UTIB0002862.

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 Vadodara, then it will provide you proper information.

How to Use IFSC Code UTIB0002862 for Online Transfers?

Once you have the IFSC Code UTIB0002862 for the Old Padra 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 UTIB0002862. 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 UTIB0002862.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Old Padra Road in Vadodara, 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 Old Padra Road, 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 Vadodara manage online transfers as well as cheque clearances with ease.