For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Guntakal branch in Anantapur, Guntakal, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Anantapur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001980. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Guntakal, Anantapur
Below in the table are the key details related to IFSC Code UTIB0001980 of Axis Bank for its branch located in Anantapur, within the district of Guntakal in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001980 |
| Branch | Guntakal |
| City | Anantapur |
| District | Guntakal |
| State | Andhra Pradesh |
| Address | No. 16/285,Mahendra Street, Near Geetha Talkies,Guntakal, Dist.Anantapur,Andhra Pradesh, Pin 515801 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Anantapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001980 for the Guntakal branch of Axis Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0001980 is given to every bank branch, including Axis Bank located in Guntakal, Anantapur, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Anantapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Anantapur and Guntakal.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Guntakal doesn't end up at another location.
Format of the IFSC Code UTIB0001980
The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Guntakal in Anantapur.
For example, the IFSC Code UTIB0001980 of Axis Bank for the Guntakal branch includes these elements, identifying the bank and the branch location in Anantapur and Andhra Pradesh correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001980 of Axis Bank for its Guntakal branch located in Anantapur, 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 Anantapur and Guntakal, 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 Guntakal or Anantapur to find the exact IFSC Code UTIB0001980.
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 Anantapur will provide accurate information.
How to Use IFSC Code UTIB0001980 for Online Transfers?
Once you have the IFSC Code UTIB0001980 for the Guntakal branch of Axis Bank in Anantapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001980. 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 UTIB0001980.
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 Guntakal in Anantapur, 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 Guntakal, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Anantapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001980.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is No. 16/285,Mahendra Street, Near Geetha Talkies,Guntakal, Dist.Anantapur,Andhra Pradesh, Pin 515801 located in Anantapur, Guntakal, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
