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 Sri Basaveshwar Pattana Sahakari branch in Bijapur, Sindgi, 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 UTIB0SBPSBN. 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, Sri Basaveshwar Pattana Sahakari, Bijapur
Here are the main details that are associated with the IFSC Code UTIB0SBPSBN of Axis Bank for its branch located in Bijapur, within the district of Sindgi in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SBPSBN |
| Branch | Sri Basaveshwar Pattana Sahakari |
| City | Bijapur |
| District | Sindgi |
| State | Karnataka |
| Address | Kalika Nagar Managuli Buildig Sindgi 586128 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Bijapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SBPSBN for the Sri Basaveshwar Pattana Sahakari 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Sri Basaveshwar Pattana Sahakari, Bijapur, Karnataka, are allotted a unique IFSC like UTIB0SBPSBN 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 Sindgi.
- 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 Sri Basaveshwar Pattana Sahakari reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code UTIB0SBPSBN
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sri Basaveshwar Pattana Sahakari in Bijapur.
For example, the IFSC Code UTIB0SBPSBN of Axis Bank for the Sri Basaveshwar Pattana Sahakari branch includes these elements, identifying the bank and the branch location in Bijapur and Karnataka accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SBPSBN of Axis Bank for its Sri Basaveshwar Pattana Sahakari branch located in Bijapur, 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 Bijapur and Sindgi, 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 Sri Basaveshwar Pattana Sahakari or Bijapur to get the exact IFSC Code UTIB0SBPSBN.
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 Bijapur, you'll get the correct details.
How to Use IFSC Code UTIB0SBPSBN for Online Transfers?
Once you have the IFSC Code UTIB0SBPSBN for the Sri Basaveshwar Pattana Sahakari branch of Axis Bank in Bijapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0SBPSBN. 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 UTIB0SBPSBN.
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 Sri Basaveshwar Pattana Sahakari in Bijapur, 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 Sri Basaveshwar Pattana Sahakari, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Bijapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SBPSBN.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kalika Nagar Managuli Buildig Sindgi 586128 located in Bijapur, Sindgi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.