For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sokhda branch in Vadodara, Sokhda, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0001722. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sokhda, Vadodara
Here are some of the key details that come with the IFSC Code UTIB0001722 of Axis Bank for its branch located in Vadodara, within the district of Sokhda in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001722 |
| Branch | Sokhda |
| City | Vadodara |
| District | Sokhda |
| State | Gujarat |
| Address | Ground Floor, Ashapuri Society, Opp. Jalaram Templekheda Matar Road, Sokhda, Dist Kheda, Gujarat Pin 387570 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Vadodara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001722 for the Sokhda branch of Axis Bank is vital.
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 Sokhda, Vadodara, Gujarat, is provided a unique IFSC like UTIB0001722 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 Sokhda.
- 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 Sokhda do not get misguided to another person.
Format of the IFSC Code UTIB0001722
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 Sokhda in Vadodara.
For example, the IFSC Code UTIB0001722 of Axis Bank for the Sokhda branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001722 of Axis Bank for its Sokhda branch located in Vadodara, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Vadodara and Sokhda, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Sokhda or Vadodara to find the exact IFSC Code UTIB0001722.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Vadodara will provide accurate information.
How to Use IFSC Code UTIB0001722 for Online Transfers?
Once you have the IFSC Code UTIB0001722 for the Sokhda 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 UTIB0001722. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0001722.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sokhda 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 are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Sokhda, 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 Vadodara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001722.
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, Ashapuri Society, Opp. Jalaram Templekheda Matar Road, Sokhda, Dist Kheda, Gujarat Pin 387570 located in Vadodara, Sokhda, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.