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IFSC Code of Axis Bank, Dr. Modi Hospital Road, Bangalore, Karnataka — UTIB0004290

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Dr. Modi Hospital Road branch in Bangalore, Bangalore, Karnataka, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0004290. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Dr. Modi Hospital Road, Bangalore

Here are the main details that are associated with the IFSC Code UTIB0004290 of Axis Bank for its branch located in Bangalore, within the district of Bangalore in the state of Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0004290
Branch Dr. Modi Hospital Road
City Bangalore
District Bangalore
State Karnataka
Address Ground Floor Skyline 879 Dr Modi Hospital Road Basveshwarnagar Bengaluru 560079

These details helps users in online banking and for businesses and individuals who use Axis Bank in Bangalore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004290 for the Dr. Modi Hospital Road branch of Axis Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Dr. Modi Hospital Road, Bangalore, Karnataka, is provided a unique IFSC like UTIB0004290 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Bangalore.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bangalore and Bangalore.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Dr. Modi Hospital Road do not get misguided to another person.

Format of the IFSC Code UTIB0004290

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Dr. Modi Hospital Road in Bangalore.

For example, the IFSC Code UTIB0004290 of Axis Bank for the Dr. Modi Hospital Road branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004290 of Axis Bank for its Dr. Modi Hospital Road branch located in Bangalore, the following methods can help:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Axis Bank branches in Bangalore and Bangalore, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Axis Bank and navigate to the branch locator section. Search for Dr. Modi Hospital Road or Bangalore to get the exact IFSC Code UTIB0004290.

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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Bangalore, you'll get the correct details.

How to Use IFSC Code UTIB0004290 for Online Transfers?

Once you have the IFSC Code UTIB0004290 for the Dr. Modi Hospital Road branch of Axis Bank in Bangalore, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004290. 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 UTIB0004290.

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 Dr. Modi Hospital Road in Bangalore, 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 Dr. Modi Hospital Road, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Bangalore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Dr. Modi Hospital Road, Bangalore?

The IFSC Code is UTIB0004290.

Is the IFSC Code UTIB0004290 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Dr. Modi Hospital Road?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dr. Modi Hospital Road branch?

The address of the branch is Ground Floor Skyline 879 Dr Modi Hospital Road Basveshwarnagar Bengaluru 560079 located in Bangalore, Bangalore, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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