Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Ksrtc Layout Jp Nagar branch in Bangalore, Bengaluru, or Karnataka, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0004070. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Ksrtc Layout Jp Nagar, Bangalore
Below in the table are the key details related to IFSC Code UTIB0004070 of Axis Bank for its branch located in Bangalore, within the district of Bengaluru in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004070 |
| Branch | Ksrtc Layout Jp Nagar |
| City | Bangalore |
| District | Bengaluru |
| State | Karnataka |
| Address | Grd Flr Sree Gururaya Mansion Shop No 1 South Wing No 759 8Th Main Jp Nagar 3Rd Phase Bengaluru 560078 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Bangalore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004070 for the Ksrtc Layout Jp Nagar branch of Axis Bank has an important 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 Ksrtc Layout Jp Nagar, Bangalore, Karnataka, are allotted a unique IFSC like UTIB0004070 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 confusion between different branches of the same bank in places like Bangalore and Bengaluru.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Ksrtc Layout Jp Nagar reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code UTIB0004070
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 Ksrtc Layout Jp Nagar in Bangalore.
For example, the IFSC Code UTIB0004070 of Axis Bank for the Ksrtc Layout Jp Nagar 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 UTIB0004070 of Axis Bank for its Ksrtc Layout Jp Nagar 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 Bengaluru, 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 Ksrtc Layout Jp Nagar or Bangalore to get the exact IFSC Code UTIB0004070.
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 UTIB0004070 for Online Transfers?
Once you have the IFSC Code UTIB0004070 for the Ksrtc Layout Jp Nagar branch of Axis Bank in Bangalore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004070. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0004070.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ksrtc Layout Jp Nagar in Bangalore, your payment can get delayed or might not go through at all.
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 Ksrtc Layout Jp Nagar, 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 is UTIB0004070.
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 Grd Flr Sree Gururaya Mansion Shop No 1 South Wing No 759 8Th Main Jp Nagar 3Rd Phase Bengaluru 560078 located in Bangalore, Bengaluru, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
