IFSC Code of Axis Bank, The Laxmi Urban Cooperative Bank, Gajendragad, Karnataka- UTIB0SLUCBG

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its The Laxmi Urban Cooperative Bank branch in Gadag, Gajendragad, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Gadag or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0SLUCBG. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, The Laxmi Urban Cooperative Bank, Gadag

The table below shows the main details of the IFSC Code UTIB0SLUCBG for the Axis Bank branch in Gadag, which falls under the Gajendragad district in Karnataka.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Gadag for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SLUCBG for the The Laxmi Urban Cooperative Bank branch of Axis Bank plays an important role.

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 The Laxmi Urban Cooperative Bank, Gadag, Karnataka, is provided a unique IFSC like UTIB0SLUCBG so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Gadag.
• 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 Gadag and Gajendragad.
• 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 The Laxmi Urban Cooperative Bank do not get misguided to another person.

Format of the IFSC Code UTIB0SLUCBG

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The Laxmi Urban Cooperative Bank in Gadag.

For example, the IFSC Code UTIB0SLUCBG of Axis Bank for the The Laxmi Urban Cooperative Bank branch includes these elements, identifying the bank and the branch location in Gadag and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0SLUCBG of Axis Bank for its The Laxmi Urban Cooperative Bank branch located in Gadag, 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 Gadag and Gajendragad, 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 The Laxmi Urban Cooperative Bank or Gadag to find the exact IFSC Code UTIB0SLUCBG.

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 Gadag will provide accurate information.

How to Use IFSC Code UTIB0SLUCBG for Online Transfers?

Once you have the IFSC Code UTIB0SLUCBG for the The Laxmi Urban Cooperative Bank branch of Axis Bank in Gadag, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SLUCBG. 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 UTIB0SLUCBG.

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 Laxmi Urban Cooperative Bank in Gadag, 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 Laxmi Urban Cooperative Bank, 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 Gadag manage their online transfers and cheque clearances easily.