IFSC Code of Axis Bank, Danavaipet, Rajahmundry, Andhra Pradesh- UTIB0001962

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 Danavaipet branch in East Godavari, Rajahmundry, Andhra Pradesh, 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 East Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001962. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Danavaipet, East Godavari

Here are some of the key details that come with the IFSC Code UTIB0001962 of Axis Bank for its branch located in East Godavari, within the district of Rajahmundry in the state of Andhra Pradesh.

These details helps users in online banking and for businesses and individuals who use Axis Bank in East Godavari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001962 for the Danavaipet branch of Axis Bank plays a vital role.

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 Danavaipet, East Godavari, Andhra Pradesh, are allotted a unique IFSC like UTIB0001962 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0001962

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): 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 Danavaipet in East Godavari.

For example, the IFSC Code UTIB0001962 of Axis Bank for the Danavaipet branch includes these elements, identifying the bank and the branch location in East Godavari and Andhra Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0001962 of Axis Bank for its Danavaipet branch located in East Godavari, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in East Godavari and Rajahmundry, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Danavaipet or East Godavari to get the exact IFSC Code UTIB0001962.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and East Godavari, then it will provide you proper information.

How to Use IFSC Code UTIB0001962 for Online Transfers?

Once you have the IFSC Code UTIB0001962 for the Danavaipet branch of Axis Bank in East Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001962. 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 UTIB0001962.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Danavaipet in East Godavari may result in delayed or failed transactions.

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 Danavaipet, 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 East Godavari manage online transfers as well as cheque clearances with ease.