Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its The Ssk Co Op Bank Ltd branch in Dharwad, Hubli Dharwad, or Karnataka, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Dharwad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0SSSKCB. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, The Ssk Co Op Bank Ltd, Dharwad
Here are the main details that are associated with the IFSC Code UTIB0SSSKCB of Axis Bank for its branch located in Dharwad, within the district of Hubli Dharwad in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SSSKCB |
| Branch | The Ssk Co Op Bank Ltd |
| City | Dharwad |
| District | Hubli Dharwad |
| State | Karnataka |
| Address | Dajibanpeth, Hubli, 580028 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Dharwad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SSSKCB for the The Ssk Co Op Bank Ltd branch of Axis Bank has an important role.
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 UTIB0SSSKCB is given to every bank branch, including Axis Bank located in The Ssk Co Op Bank Ltd, Dharwad, 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 Dharwad.
- 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 Dharwad and Hubli Dharwad.
- 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 The Ssk Co Op Bank Ltd doesn't end up at another location.
Format of the IFSC Code UTIB0SSSKCB
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Ssk Co Op Bank Ltd in Dharwad.
For example, the IFSC Code UTIB0SSSKCB of Axis Bank for the The Ssk Co Op Bank Ltd branch has these elements, identifying the bank and the branch location in Dharwad and Karnataka correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SSSKCB of Axis Bank for its The Ssk Co Op Bank Ltd branch located in Dharwad, 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 Dharwad and Hubli Dharwad, 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 The Ssk Co Op Bank Ltd or Dharwad to get the exact IFSC Code UTIB0SSSKCB.
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 Dharwad, you'll get the correct details.
How to Use IFSC Code UTIB0SSSKCB for Online Transfers?
Once you have the IFSC Code UTIB0SSSKCB for the The Ssk Co Op Bank Ltd branch of Axis Bank in Dharwad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0SSSKCB. 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 UTIB0SSSKCB.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Ssk Co Op Bank Ltd in Dharwad, 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 The Ssk Co Op Bank Ltd, 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 Dharwad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SSSKCB.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Dajibanpeth, Hubli, 580028 located in Dharwad, Hubli Dharwad, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
