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 Udgir Road Bidar branch in Bidar, Bidar, 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 Bidar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0004479. 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, Udgir Road Bidar, Bidar
Here are some of the key details that come with the IFSC Code UTIB0004479 of Axis Bank for its branch located in Bidar, within the district of Bidar in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004479 |
| Branch | Udgir Road Bidar |
| City | Bidar |
| District | Bidar |
| State | Karnataka |
| Address | Dr C S Patil Shopping Complex, 8 9 2, New District, Udgir Road, Bidar 585401 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Bidar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004479 for the Udgir Road Bidar branch of Axis Bank plays 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 Udgir Road Bidar, Bidar, Karnataka, is provided a unique IFSC like UTIB0004479 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Bidar.
- 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 Bidar and Bidar.
- 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 Udgir Road Bidar do not get misguided to another person.
Format of the IFSC Code UTIB0004479
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 Udgir Road Bidar in Bidar.
For example, the IFSC Code UTIB0004479 of Axis Bank for the Udgir Road Bidar branch includes these elements, identifying the bank and the branch location in Bidar and Karnataka accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004479 of Axis Bank for its Udgir Road Bidar branch located in Bidar, 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 Bidar and Bidar, 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 Udgir Road Bidar or Bidar to get the exact IFSC Code UTIB0004479.
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 Bidar, you'll get the correct details.
How to Use IFSC Code UTIB0004479 for Online Transfers?
Once you have the IFSC Code UTIB0004479 for the Udgir Road Bidar branch of Axis Bank in Bidar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004479. 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 UTIB0004479.
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 Udgir Road Bidar in Bidar, 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 Udgir Road Bidar, 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 Bidar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Udgir Road Bidar Bidar branch is UTIB0004479.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Dr C S Patil Shopping Complex, 8 9 2, New District, Udgir Road, Bidar 585401.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.