An IFSC code is a unique 11-character code that acts as an identification for a particular bank branch in India. The code is assigned by the Indian Financial System Code (IFSC). It is used to facilitate the interbank funds transfer between two banks through the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS).

The IFSC code of Axis Bank is UTIB0000001. This IFSC code is assigned to the bank’s corporate office located in Mumbai. The 11 characters of the code correspond to the bank’s name (UTIB), the bank’s region (00) and the bank’s branch number (001).

When transferring money from one bank account to another, the IFSC code of the recipient’s bank branch is required. This code is necessary to ensure that the money is transferred to the correct branch. The IFSC code of Axis Bank can be used to send and receive funds through the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS).

Most banks have an online lookup facility to find the IFSC code of their branches. Axis Bank’s IFSC code can also be found online on the official website of the Reserve Bank of India. It is also available on the bank’s statement of account and on the cheque book.

In addition to the IFSC code, the bank’s MICR code is also required to send and receive funds. The MICR code is a nine-digit code that is used to identify the bank’s branch. The MICR code of Axis Bank’s corporate office in Mumbai is 400210002.

The IFSC code and MICR code of Axis Bank’s other branches in India can be found on the official website of the Reserve Bank of India. These codes are necessary to ensure that the funds are transferred to the correct branch and account.

Axis Bank IFSC Code is an 11 digit unique code that is used to identify a particular branch of a bank. It is a combination of alphabets and numbers and is used for various banking operations like online fund transfers, NEFT, RTGS, and IMPS.

The Indian Financial System Code (IFSC) is allotted to every branch of all the banks across India. This code is used to identify the bank and branch. It is also used to identify the beneficiary of the fund transfer.

Axis Bank IFSC Code is an 11 digit alphanumeric code that consists of the first 4 letters of the bank name, followed by the 0 (zero) and the last 6 digits denote the branch code. For example, the Axis Bank IFSC Code for its Mumbai branch is UTIB0000010. The first 4 letters UTIB stand for the bank name which is Axis Bank and the last 6 digits denote the branch code which is 000010.

The IFSC Code is very important for online fund transfers and other banking operations. It is also used to identify the beneficiary in case of any fund transfer. Therefore, it is important to provide the correct IFSC Code to the sender.

In case of Axis Bank, you can easily find the IFSC Code of any branch using the bank’s official website. You can also use the bank’s mobile application to easily find the IFSC Code of any branch.

Therefore, Axis Bank IFSC Code is an important code and must be used while performing online fund transfers and other banking operations. More details visit here:- https://ifsccodefinder.org/bank/axis-bank