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 Davangere (Karnataka) branch in Davanagare, Davangere, 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 Davanagare or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0000225. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Davangere (Karnataka), Davanagare
The table below shows the main details of the IFSC Code UTIB0000225 for the Axis Bank branch in Davanagare, which falls under the Davangere district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000225 |
| Branch | Davangere (Karnataka) |
| City | Davanagare |
| District | Davangere |
| State | Karnataka |
| Address | 821, Renuka Extension Onkarappa Lane, P.B.Road |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Davanagare for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000225 for the Davangere (Karnataka) branch of Axis Bank is vital.
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 Davangere (Karnataka), Davanagare, Karnataka, is provided a unique IFSC like UTIB0000225 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Davanagare.
- 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 Davanagare and Davangere.
- 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 Davangere (Karnataka) do not get misguided to another person.
Format of the IFSC Code UTIB0000225
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 Davangere (Karnataka) in Davanagare.
For example, the IFSC Code UTIB0000225 of Axis Bank for the Davangere (Karnataka) branch includes these elements, identifying the bank and the branch location in Davanagare and Karnataka accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0000225 of Axis Bank for its Davangere (Karnataka) branch located in Davanagare, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Davanagare and Davangere, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Davangere (Karnataka) or Davanagare to find the exact IFSC Code UTIB0000225.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Davanagare will provide accurate information.
How to Use IFSC Code UTIB0000225 for Online Transfers?
Once you have the IFSC Code UTIB0000225 for the Davangere (Karnataka) branch of Axis Bank in Davanagare, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000225. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0000225.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Davangere (Karnataka) in Davanagare, your payment can get delayed or might not go through at all.
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 Davangere (Karnataka), 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 Davanagare manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000225.
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 821, Renuka Extension Onkarappa Lane, P.B.Road located in Davanagare, Davangere, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.