IFSC Code of Axis Bank, Shri Mahant Shivayogi Co Op Bank, Murgod, Karnataka — UTIB0SSMSSB

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 Shri Mahant Shivayogi Co Op Bank branch in Belgaum, Murgod, 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 UTIB0SSMSSB. 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, Shri Mahant Shivayogi Co Op Bank, Belgaum

The table below shows the main details of the IFSC Code UTIB0SSMSSB for the Axis Bank branch in Belgaum, which falls under the Murgod district in Karnataka.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Belgaum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SSMSSB for the Shri Mahant Shivayogi Co Op Bank 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, including Axis Bank located in Shri Mahant Shivayogi Co Op Bank, Belgaum, Karnataka, is provided with a unique IFSC like UTIB0SSMSSB to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Belgaum.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Belgaum and Murgod.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Shri Mahant Shivayogi Co Op Bank do not get mixed with another location.

Format of the IFSC Code UTIB0SSMSSB

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 Shri Mahant Shivayogi Co Op Bank in Belgaum.

For example, the IFSC Code UTIB0SSMSSB of Axis Bank for the Shri Mahant Shivayogi Co Op Bank branch has these elements, identifying the bank and the branch location in Belgaum and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0SSMSSB of Axis Bank for its Shri Mahant Shivayogi Co Op Bank branch located in Belgaum, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Shri Mahant Shivayogi Co Op Bank or Belgaum to find the exact IFSC Code UTIB0SSMSSB.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Belgaum will provide accurate information.

How to Use IFSC Code UTIB0SSMSSB for Online Transfers?

Once you have the IFSC Code UTIB0SSMSSB for the Shri Mahant Shivayogi Co Op Bank branch of Axis Bank in Belgaum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SSMSSB. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0SSMSSB.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Shri Mahant Shivayogi Co Op Bank in Belgaum, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Shri Mahant Shivayogi Co Op Bank, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Axis Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Belgaum manage online transfers as well as cheque clearances with ease.