The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Sullia branch in Dakshina Kannada, Sullia, Karnataka, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Dakshina Kannada or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0003854. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Sullia, Dakshina Kannada

Below in the table are the key details related to IFSC Code UTIB0003854 of Axis Bank for its branch located in Dakshina Kannada, within the district of Sullia in the state of Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003854
Branch Sullia
City Dakshina Kannada
District Sullia
State Karnataka
Address 1St Floor, Sri Sai Krishna Arcade Srirampet Sullia

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Dakshina Kannada for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003854 for the Sullia 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 UTIB0003854 is given to every bank branch, including Axis Bank located in Sullia, Dakshina Kannada, 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 Dakshina Kannada.
  • 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 Dakshina Kannada and Sullia.
  • 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 Sullia doesn't end up at another location.

Format of the IFSC Code UTIB0003854

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 Sullia in Dakshina Kannada.

For example, the IFSC Code UTIB0003854 of Axis Bank for the Sullia branch includes these elements, identifying the bank and the branch location in Dakshina Kannada and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003854 of Axis Bank for its Sullia branch located in Dakshina Kannada, 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 Dakshina Kannada and Sullia, 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 Sullia or Dakshina Kannada to get the exact IFSC Code UTIB0003854.

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 Dakshina Kannada that will provide accurate information.

How to Use IFSC Code UTIB0003854 for Online Transfers?

Once you have the IFSC Code UTIB0003854 for the Sullia branch of Axis Bank in Dakshina Kannada, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003854. 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 UTIB0003854.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Sullia, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Dakshina Kannada manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Sullia, Dakshina Kannada?

The IFSC Code is UTIB0003854.

Is the IFSC Code UTIB0003854 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 Sullia?

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 Sullia branch?

The address of the branch is 1St Floor, Sri Sai Krishna Arcade Srirampet Sullia located in Dakshina Kannada, Sullia, 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.