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IFSC Code of Axis Bank, Ashoknagar Coop Bank Limited, Bangalore, Karnataka — UTIB0SACBL1

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Ashoknagar Coop Bank Limited branch in Bangalore Urban, Bangalore, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Axis Bank located in Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0SACBL1. 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, Ashoknagar Coop Bank Limited, Bangalore Urban

The table below shows the main details of the IFSC Code UTIB0SACBL1 for the Axis Bank branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SACBL1
Branch Ashoknagar Coop Bank Limited
City Bangalore Urban
District Bangalore
State Karnataka
Address 1380 By B,Ashoknagar,Bsk 1St Stage,2Nd Block,Bangalore 560 050

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Bangalore Urban for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SACBL1 for the Ashoknagar Coop Bank Limited 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 Ashoknagar Coop Bank Limited, Bangalore Urban, Karnataka, are allotted a unique IFSC like UTIB0SACBL1 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 Urban.
  • 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 Urban 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 makes sure that money sent to Axis Bank in Ashoknagar Coop Bank Limited reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code UTIB0SACBL1

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Ashoknagar Coop Bank Limited in Bangalore Urban.

For example, the IFSC Code UTIB0SACBL1 of Axis Bank for the Ashoknagar Coop Bank Limited branch has these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0SACBL1 of Axis Bank for its Ashoknagar Coop Bank Limited branch located in Bangalore Urban, 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 Urban 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 Ashoknagar Coop Bank Limited or Bangalore Urban to get the exact IFSC Code UTIB0SACBL1.

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 Urban, then it will provide you proper information.

How to Use IFSC Code UTIB0SACBL1 for Online Transfers?

If you have the IFSC Code UTIB0SACBL1 for the Ashoknagar Coop Bank Limited branch of Axis Bank in Bangalore Urban, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SACBL1. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0SACBL1.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Ashoknagar Coop Bank Limited in Bangalore Urban, it may 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 Ashoknagar Coop Bank Limited, 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 Urban to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank Ashoknagar Coop Bank Limited Bangalore Urban?

The IFSC Code of the Ashoknagar Coop Bank Limited Bangalore Urban branch is UTIB0SACBL1.

Is IFSC Code UTIB0SACBL1 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 Ashoknagar Coop Bank Limited branch?

The branch is located at 1380 By B,Ashoknagar,Bsk 1St Stage,2Nd Block,Bangalore 560 050.

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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