IFSC Code of Axis Bank, The Anand Mercantile Co-Operative Bank Ltd. Branch, Gujarat

If you are searching for the IFSC code of Axis Bank, THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch in ANAND, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is UTIB0SAMC01. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch, and detailed step-by-step guides for using the IFSC UTIB0SAMC01 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Axis Bank – THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. is UTIB0SAMC01. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters SAMC01 map to this branch in ANAND, GUJARAT.

About Axis Bank

Axis Bank operates a wide network of branches across India, including the The Anand Mercantile Co-Operative Bank Ltd. branch in Anand. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0SAMC01.

The Anand Mercantile Co-Operative Bank Ltd. branch overview

Located at BORSAD CHOWKADI, ANAND, the The Anand Mercantile Co-Operative Bank Ltd. branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0SAMC01 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch came to be assigned the code UTIB0SAMC01.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0SAMC01, money simply cannot be routed to the THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch electronically.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0SAMC01 and the account number together uniquely identify the The Anand Mercantile Co-Operative Bank Ltd. branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC UTIB0SAMC01

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0SAMC01 across all three.

How to use IFSC UTIB0SAMC01 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC UTIB0SAMC01.
4. Confirm the bank name auto-populates as Axis Bank and the branch as THE ANAND MERCANTILE CO-OPERATIVE BANK LTD..
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC UTIB0SAMC01

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – THE ANAND MERCANTILE CO-OPERATIVE BANK LTD., ensure your bank's portal accepts IFSC UTIB0SAMC01 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Axis Bank – THE ANAND MERCANTILE CO-OPERATIVE BANK LTD., use IMPS. With IFSC UTIB0SAMC01 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to The Anand Mercantile Co-Operative Bank Ltd.

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0SAMC01:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. is still linked to IFSC UTIB0SAMC01.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC UTIB0SAMC01

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. is still mapped to IFSC UTIB0SAMC01. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0SAMC01 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the The Anand Mercantile Co-Operative Bank Ltd. branch is mapped to IFSC UTIB0SAMC01 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains UTIB0SAMC01.

Banking services available

The The Anand Mercantile Co-Operative Bank Ltd. branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0SAMC01

Online banking and IFSC UTIB0SAMC01

Axis Bank customers can register for net banking and the bank's official mobile app once their account at the THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0SAMC01 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

How to reach the The Anand Mercantile Co-Operative Bank Ltd. branch

The branch is located at BORSAD CHOWKADI, ANAND, which puts it inside Anand, the broader Anand district, and the state of Gujarat. To plan your visit:

1. Open Google Maps on your phone and search for “Axis Bank The Anand Mercantile Co-Operative Bank Ltd. branch” — the verified location pin for IFSC UTIB0SAMC01 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0SAMC01 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – THE ANAND MERCANTILE CO-OPERATIVE BANK LTD.:

• The IFSC is exactly UTIB0SAMC01 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Axis Bank as the bank name and THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The The Anand Mercantile Co-Operative Bank Ltd. branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0SAMC01, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC UTIB0SAMC01 for Axis Bank – THE ANAND MERCANTILE CO-OPERATIVE BANK LTD., you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Final notes

To recap: UTIB0SAMC01 is the IFSC code of Axis Bank, THE ANAND MERCANTILE CO-OPERATIVE BANK LTD. branch, in ANAND, GUJARAT. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.