IFSC Code of Axis Bank, Nehru Street, Vapi, Gujarat- UTIB0003239

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 Nehru Street branch in Valsad, Vapi, 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 UTIB0003239. 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, Nehru Street, Valsad

Here are some of the key details that come with the IFSC Code UTIB0003239 of Axis Bank for its branch located in Valsad, within the district of Vapi in the state of Gujarat.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Valsad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003239 for the Nehru Street 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 Nehru Street, Valsad, Gujarat, is provided with a unique IFSC like UTIB0003239 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Valsad.
• 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 Valsad and Vapi.
• 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Nehru Street do not get mixed with another location.

Format of the IFSC Code UTIB0003239

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Nehru Street in Valsad.

For example, the IFSC Code UTIB0003239 of Axis Bank for the Nehru Street branch has these elements, identifying the bank and the branch location in Valsad and Gujarat correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0003239 of Axis Bank for its Nehru Street branch located in Valsad, 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 Valsad and Vapi, 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 Nehru Street or Valsad to find the exact IFSC Code UTIB0003239.

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 Valsad will provide accurate information.

How to Use IFSC Code UTIB0003239 for Online Transfers?

Once you have the IFSC Code UTIB0003239 for the Nehru Street branch of Axis Bank in Valsad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003239. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0003239.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Nehru Street in Valsad, it can 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 Nehru Street, 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 Valsad to handle online money transfers and get their cheques cleared smoothly.