IFSC Code of Axis Bank, Chikodi, Chikodi, Karnataka- UTIB0000847

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 Chikodi branch in Belgaum, Chikodi, 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 Belgaum or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0000847. 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, Chikodi, Belgaum

Here are some of the key details that come with the IFSC Code UTIB0000847 of Axis Bank for its branch located in Belgaum, within the district of Chikodi in the state of Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Belgaum for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000847 for the Chikodi branch of Axis Bank has an important 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 Chikodi, Belgaum, Karnataka, is provided a unique IFSC like UTIB0000847 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Belgaum.
• 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 Belgaum and Chikodi.
• 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 Chikodi do not get misguided to another person.

Format of the IFSC Code UTIB0000847

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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chikodi in Belgaum.

For example, the IFSC Code UTIB0000847 of Axis Bank for the Chikodi branch includes these elements, identifying the bank and the branch location in Belgaum and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0000847 of Axis Bank for its Chikodi branch located in Belgaum, 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Belgaum and Chikodi, print them 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 Chikodi or Belgaum to get the exact IFSC Code UTIB0000847.

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 Belgaum, you'll get the correct details.

How to Use IFSC Code UTIB0000847 for Online Transfers?

Once you have the IFSC Code UTIB0000847 for the Chikodi branch of Axis Bank in Belgaum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0000847. 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 UTIB0000847.

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 Chikodi in Belgaum, 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 Chikodi, 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 Belgaum to handle online money transfers and get their cheques cleared smoothly.