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 Hospet, Karnataka branch in Bellary, Hospet, 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 Bellary or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0000618. 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, Hospet, Karnataka, Bellary
The table below shows the main details of the IFSC Code UTIB0000618 for the Axis Bank branch in Bellary, which falls under the Hospet district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000618 |
| Branch | Hospet, Karnataka |
| City | Bellary |
| District | Hospet |
| State | Karnataka |
| Address | D.No. 167 And 168, College Road, Opp. Jayaram Hospital, Hospet 583 201, Dist. Bellary, Karnataka |
These details help users in online banking and for businesses and individuals who use Axis Bank in Bellary for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000618 for the Hospet, Karnataka branch of Axis Bank has a very 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 Hospet, Karnataka, Bellary, Karnataka, is provided a unique IFSC like UTIB0000618 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Bellary.
- 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 Bellary and Hospet.
- 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 Hospet, Karnataka do not get misguided to another person.
Format of the IFSC Code UTIB0000618
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 Hospet, Karnataka in Bellary.
For example, the IFSC Code UTIB0000618 of Axis Bank for the Hospet, Karnataka branch includes these elements, identifying the bank and the branch location in Bellary and Karnataka accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0000618 of Axis Bank for its Hospet, Karnataka branch located in Bellary, 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 Bellary and Hospet, 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 Hospet, Karnataka or Bellary to find the exact IFSC Code UTIB0000618.
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 Bellary will provide accurate information.
How to Use IFSC Code UTIB0000618 for Online Transfers?
Once you have the IFSC Code UTIB0000618 for the Hospet, Karnataka branch of Axis Bank in Bellary, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000618. 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 UTIB0000618.
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 Hospet, Karnataka in Bellary, it can result in delayed or failed transactions.
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 Hospet, Karnataka, 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 Bellary manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000618.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is D.No. 167 And 168, College Road, Opp. Jayaram Hospital, Hospet 583 201, Dist. Bellary, Karnataka located in Bellary, Hospet, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.