IFSC Code of Axis Bank, Sri Basaveswar Coop Bank, Basavan, Basavana Bagevadi, Karnataka- UTIB0SSBCOB

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sri Basaveswar Coop Bank, Basavan branch in Bijapur, Basavana Bagevadi, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Bijapur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0SSBCOB. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Sri Basaveswar Coop Bank, Basavan, Bijapur

Here are the main details that are associated with the IFSC Code UTIB0SSBCOB of Axis Bank for its branch located in Bijapur, within the district of Basavana Bagevadi in the state of Karnataka.

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 UTIB0SSBCOB for the Sri Basaveswar Coop Bank, Basavan 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0SSBCOB is given to every bank branch, including Axis Bank located in Sri Basaveswar Coop Bank, Basavan, Bijapur, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Bijapur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Bijapur and Basavana Bagevadi.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sri Basaveswar Coop Bank, Basavan doesn't end up at another location.

Format of the IFSC Code UTIB0SSBCOB

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 Sri Basaveswar Coop Bank, Basavan in Bijapur.

For example, the IFSC Code UTIB0SSBCOB of Axis Bank for the Sri Basaveswar Coop Bank, Basavan 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 UTIB0SSBCOB of Axis Bank for its Sri Basaveswar Coop Bank, Basavan 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 Basavana Bagevadi, 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 Sri Basaveswar Coop Bank, Basavan or Bijapur to get the exact IFSC Code UTIB0SSBCOB.

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 UTIB0SSBCOB for Online Transfers?

Once you have the IFSC Code UTIB0SSBCOB for the Sri Basaveswar Coop Bank, Basavan branch of Axis Bank in Bijapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SSBCOB. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0SSBCOB.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sri Basaveswar Coop Bank, Basavan in Bijapur, your payment can get delayed or might not go through at all.

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 Basaveswar Coop Bank, Basavan, 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.