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 Jayanagar Third Block branch in Bangalore, Bangalore, Karnataka, 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 Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0003567. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Jayanagar Third Block, Bangalore
Below in the table are the key details related to IFSC Code UTIB0003567 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 | UTIB0003567 |
| Branch | Jayanagar Third Block |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| Address | Sit No 71 New No 5 Diagonal Road 3Rd Block Jayanagar Bangalore 560011 |
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 UTIB0003567 for the Jayanagar Third Block branch of Axis Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Jayanagar Third Block, Bangalore, Karnataka, are given a unique IFSC like UTIB0003567 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bangalore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Bangalore and Bangalore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Jayanagar Third Block goes to the correct branch. This is important because Axis Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0003567
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jayanagar Third Block in Bangalore.
For example, the IFSC Code UTIB0003567 of Axis Bank for the Jayanagar Third Block 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 UTIB0003567 of Axis Bank for its Jayanagar Third Block 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 Jayanagar Third Block or Bangalore to get the exact IFSC Code UTIB0003567.
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 UTIB0003567 for Online Transfers?
Once you have the IFSC Code UTIB0003567 for the Jayanagar Third Block 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 UTIB0003567. 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 UTIB0003567.
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 Jayanagar Third Block in Bangalore, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Jayanagar Third Block, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Bangalore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jayanagar Third Block Bangalore branch is UTIB0003567.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Sit No 71 New No 5 Diagonal Road 3Rd Block Jayanagar Bangalore 560011.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.