Use this page as a one-stop reference for everything related to Axis Bank's VANKI branch in MUNDRA, GUJARAT. The branch's IFSC code UTIB0002301 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 – VANKI is UTIB0002301. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002301 map to this branch in MUNDRA, GUJARAT.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Vanki |
| IFSC Code | UTIB0002301 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, SHOP NO. 10, 11 & 12, OM COMPLEX, SHIV PARAS NAGAR, SURVEY NO. 271, VILLAGE VANKI, TALUKA MUNDRA, DISTRICT KUTCH, GUJARAT, PIN 370425 |
| City | Mundra |
| District | Kachchh |
| State | Gujarat |
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Vanki branch — IFSC UTIB0002301 — extends the bank's services to customers in and around Mundra, Gujarat.
About the Vanki branch
The Vanki branch of Axis Bank is situated at GROUND FLOOR, SHOP NO. 10, 11 & 12, OM COMPLEX, SHIV PARAS NAGAR, SURVEY NO. 271, VILLAGE VANKI, TALUKA MUNDRA, DISTRICT KUTCH, GUJARAT, PIN 370425. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0002301 is used.
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including VANKI of Axis Bank — its own 11-character IFSC. The code UTIB0002301 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0002301 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC UTIB0002301
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 UTIB0002301 across all three.
NEFT to Axis Bank, VANKI using IFSC UTIB0002301
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0002301, and confirm that the system picks up Axis Bank – VANKI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to VANKI
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's VANKI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0002301 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank VANKI (IFSC UTIB0002301)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0002301 in your mobile or internet banking app, and the money is credited to the VANKI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Vanki
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 UTIB0002301:
- 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 VANKI is still linked to IFSC UTIB0002301.
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 UTIB0002301
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 – VANKI is still mapped to IFSC UTIB0002301. 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 UTIB0002301 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Vanki branch is mapped to IFSC UTIB0002301 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 UTIB0002301.
Banking services available
The Vanki 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 UTIB0002301
MICR & cheque-truncation details
Cheques drawn on the Vanki branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0002301 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC UTIB0002301
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the VANKI 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 UTIB0002301 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.
Common mistakes to avoid when using IFSC UTIB0002301
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – VANKI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0002301. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Vanki branch
The branch is located at GROUND FLOOR, SHOP NO. 10, 11 & 12, OM COMPLEX, SHIV PARAS NAGAR, SURVEY NO. 271, VILLAGE VANKI, TALUKA MUNDRA, DISTRICT KUTCH, GUJARAT, PIN 370425, which puts it inside Mundra, the broader Kachchh district, and the state of Gujarat. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Vanki branch” — the verified location pin for IFSC UTIB0002301 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- 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 UTIB0002301 and your account number.
Verifying IFSC UTIB0002301 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0002301 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Vanki are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0002301 continue to work without interruption.
Branch address & contact
Axis BankVanki Branch
GROUND FLOOR, SHOP NO. 10, 11 & 12, OM COMPLEX, SHIV PARAS NAGAR, SURVEY NO. 271, VILLAGE VANKI, TALUKA MUNDRA, DISTRICT KUTCH, GUJARAT, PIN 370425
Mundra, Gujarat
Phone: the branch contact number
IFSC: UTIB0002301
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Vanki branch but serve different purposes.
Is IFSC UTIB0002301 the same for all accounts at Vanki branch?
Yes. The IFSC UTIB0002301 is shared by every account held at Axis Bank's Vanki branch. Only the account number changes from customer to customer.
Can I use IFSC UTIB0002301 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0002301 to send funds instantly.
What is the IFSC code of Axis Bank Vanki branch?
The IFSC code of Axis Bank, Vanki branch is UTIB0002301. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Axis Bank Vanki as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002301, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Axis Bank Vanki branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC UTIB0002301 valid for NEFT and RTGS?
Yes. IFSC UTIB0002301 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Axis Bank Vanki branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Summary
The IFSC code UTIB0002301 belongs to Axis Bank's VANKI branch, located at GROUND FLOOR, SHOP NO. 10, 11 & 12, OM COMPLEX, SHIV PARAS NAGAR, SURVEY NO.… in MUNDRA, GUJARAT. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
