There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Shri Sharan Veereshwar Sah Bank Niy branch in Bijapur, Naltawad, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Bijapur or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0SSSVSB. You should 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 Sharan Veereshwar Sah Bank Niy, Bijapur

Below in the table are the key details related to IFSC Code UTIB0SSSVSB of Axis Bank for its branch located in Bijapur, within the district of Naltawad in the state of Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SSSVSB
Branch Shri Sharan Veereshwar Sah Bank Niy
City Bijapur
District Naltawad
State Karnataka
Address Main Road Opp Bus Stand Nalatwad 586124

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Bijapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SSSVSB for the Shri Sharan Veereshwar Sah Bank Niy branch of Axis Bank is vital.

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 Shri Sharan Veereshwar Sah Bank Niy, Bijapur, Karnataka, are allotted a unique IFSC like UTIB0SSSVSB to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bijapur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bijapur and Naltawad.
  • 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 Shri Sharan Veereshwar Sah Bank Niy reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code UTIB0SSSVSB

The format of the IFSC Code for banks, including Axis Bank, has 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 Shri Sharan Veereshwar Sah Bank Niy in Bijapur.

For example, the IFSC Code UTIB0SSSVSB of Axis Bank for the Shri Sharan Veereshwar Sah Bank Niy branch includes these elements, identifying the bank and the branch location in Bijapur and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SSSVSB of Axis Bank for its Shri Sharan Veereshwar Sah Bank Niy branch located in Bijapur, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Shri Sharan Veereshwar Sah Bank Niy or Bijapur to get the exact IFSC Code UTIB0SSSVSB.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Bijapur that will provide accurate information.

How to Use IFSC Code UTIB0SSSVSB for Online Transfers?

If you have the IFSC Code UTIB0SSSVSB for the Shri Sharan Veereshwar Sah Bank Niy branch of Axis Bank in Bijapur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SSSVSB. 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 UTIB0SSSVSB.

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 Shri Sharan Veereshwar Sah Bank Niy in Bijapur, 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 Shri Sharan Veereshwar Sah Bank Niy, 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 Bijapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Shri Sharan Veereshwar Sah Bank Niy, Bijapur?

The IFSC Code is UTIB0SSSVSB.

Is the IFSC Code UTIB0SSSVSB permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Shri Sharan Veereshwar Sah Bank Niy?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shri Sharan Veereshwar Sah Bank Niy branch?

The address of the branch is Main Road Opp Bus Stand Nalatwad 586124 located in Bijapur, Naltawad, Karnataka.

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.