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 Hadadi Road branch in Davangere, Hadadi, 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 Davangere or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0002155. 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, Hadadi Road, Davangere

The table below shows the main details of the IFSC Code UTIB0002155 for the Axis Bank branch in Davangere, which falls under the Hadadi district in Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0002155
Branch Hadadi Road
City Davangere
District Hadadi
State Karnataka
Address Axis Bank,Hadadi Road, 569/1/2/3/4 Sri Veerabha Dreshwara Towers, Chanagere Main Road, Davangere 577004

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Davangere for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0002155 for the Hadadi Road 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 Hadadi Road, Davangere, Karnataka, are allotted a unique IFSC like UTIB0002155 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Davangere.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Davangere and Hadadi.
  • 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 Hadadi Road reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code UTIB0002155

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 Hadadi Road in Davangere.

For example, the IFSC Code UTIB0002155 of Axis Bank for the Hadadi Road branch includes these elements, identifying the bank and the branch location in Davangere and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002155 of Axis Bank for its Hadadi Road branch located in Davangere, 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

Most banks, including Axis Bank branches in Davangere and Hadadi, print the IFSC and MICR codes 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 Hadadi Road or Davangere to get the exact IFSC Code UTIB0002155.

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 Davangere, you'll get the correct details.

How to Use IFSC Code UTIB0002155 for Online Transfers?

Once you have the IFSC Code UTIB0002155 for the Hadadi Road branch of Axis Bank in Davangere, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002155. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002155.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Hadadi Road in Davangere 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 Hadadi Road, 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 Davangere to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Hadadi Road, Davangere?

The IFSC Code is UTIB0002155.

Is the IFSC Code UTIB0002155 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Hadadi Road?

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

What is the full address of the Hadadi Road branch?

The address of the branch is Axis Bank,Hadadi Road, 569/1/2/3/4 Sri Veerabha Dreshwara Towers, Chanagere Main Road, Davangere 577004 located in Davangere, Hadadi, 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.