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 Abrama Valsad branch in Valsad, Valsad, 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 Valsad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UTIB0003137. 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, Abrama Valsad, Valsad
Below in the table are the key details related to IFSC Code UTIB0003137 of Axis Bank for its branch located in Valsad, within the district of Valsad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003137 |
| Branch | Abrama Valsad |
| City | Valsad |
| District | Valsad |
| State | Gujarat |
| Address | Upper Ground Floor Dharampur Road Abrama Valsad Gujarat Pin 396001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Valsad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003137 for the Abrama Valsad 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 Abrama Valsad, Valsad, Gujarat, is provided a unique IFSC like UTIB0003137 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Valsad.
- 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 Valsad and Valsad.
- 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 Abrama Valsad do not get misguided to another person.
Format of the IFSC Code UTIB0003137
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 Abrama Valsad in Valsad.
For example, the IFSC Code UTIB0003137 of Axis Bank for the Abrama Valsad branch includes these elements, identifying the bank and the branch location in Valsad and Gujarat accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003137 of Axis Bank for its Abrama Valsad branch located in Valsad, 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
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Valsad and Valsad, print them 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 Abrama Valsad or Valsad to get the exact IFSC Code UTIB0003137.
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 Valsad, you'll get the correct details.
How to Use IFSC Code UTIB0003137 for Online Transfers?
If you have the IFSC Code UTIB0003137 for the Abrama Valsad branch of Axis Bank in Valsad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003137. 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 UTIB0003137.
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 Abrama Valsad in Valsad, 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 Abrama Valsad, 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 Valsad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003137.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Upper Ground Floor Dharampur Road Abrama Valsad Gujarat Pin 396001 located in Valsad, Valsad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.