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 Kasavanahalli 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 UTIB0005150. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Kasavanahalli, Bangalore

The table below shows the main details of the IFSC Code UTIB0005150 for the Axis Bank branch in Bangalore, which falls under the Bangalore district in Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0005150
Branch Kasavanahalli
City Bangalore
District Bangalore
State Karnataka
Address Ground Floor, 52 And 61, Kasavanahalli Next To Brs School Varthur Hobli

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 UTIB0005150 for the Kasavanahalli 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 Kasavanahalli, Bangalore, Karnataka, is provided a unique IFSC like UTIB0005150 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 Kasavanahalli do not get misguided to another person.

Format of the IFSC Code UTIB0005150

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 Kasavanahalli in Bangalore.

For example, the IFSC Code UTIB0005150 of Axis Bank for the Kasavanahalli 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 looking for the IFSC Code UTIB0005150 of Axis Bank for its Kasavanahalli branch located in Bangalore, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Kasavanahalli or Bangalore to get the exact IFSC Code UTIB0005150.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Bangalore, then it will provide you proper information.

How to Use IFSC Code UTIB0005150 for Online Transfers?

Once you have the IFSC Code UTIB0005150 for the Kasavanahalli 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 UTIB0005150. 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 UTIB0005150.

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 Kasavanahalli 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 Kasavanahalli, 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 Kasavanahalli Bangalore?

The IFSC Code of the Kasavanahalli Bangalore branch is UTIB0005150.

Is IFSC Code UTIB0005150 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Kasavanahalli branch?

The branch is located at Ground Floor, 52 And 61, Kasavanahalli Next To Brs School Varthur Hobli.

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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