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Axis Bank

VAVOL GANDHINAGAR BRANCH

+919978600247

IFSC CODE
UTIB0006054
MICR Code 382211007
Branch Code 006054
City / District VAVOL GANDHINAGAR
State GUJARAT
Office Address GROUND FLOOR,SHOP NO 1 AND 2,THE SPENTA SHYAMA,T P 13,F P 40,R S NO 550 551 P,MOUJE,VAVOL,GANDHINAGAR
Phone +919978600247
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Understanding IFSC Code: The Digital DNA of Axis Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the VAVOL GANDHINAGAR branch of Axis Bank, the code UTIB0006054 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the UTIB0006054 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"UTIB" represents Axis Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for VAVOL GANDHINAGAR

Payment Systems Supported by UTIB0006054

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—382211007—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Axis Bank in VAVOL GANDHINAGAR typically follows the RBI holiday calendar. Digital transfers via UTIB0006054 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While UTIB0006054 is the valid code for VAVOL GANDHINAGAR at VAVOL GANDHINAGAR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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