IFSC Code of Axis Bank, Gunj Road Gulbarga, Gulbarga, Karnataka- UTIB0002870

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 Gunj Road Gulbarga branch in Gulbarga, Gulbarga, 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 Gulbarga or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0002870. 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, Gunj Road Gulbarga, Gulbarga

The table below shows the main details of the IFSC Code UTIB0002870 for the Axis Bank branch in Gulbarga, which falls under the Gulbarga district in Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Gulbarga for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002870 for the Gunj Road Gulbarga 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 UTIB0002870 is given to every bank branch, including Axis Bank located in Gunj Road Gulbarga, Gulbarga, 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 Gulbarga.
• 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 Gulbarga and Gulbarga.
• 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 Gunj Road Gulbarga doesn't end up at another location.

Format of the IFSC Code UTIB0002870

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 Gunj Road Gulbarga in Gulbarga.

For example, the IFSC Code UTIB0002870 of Axis Bank for the Gunj Road Gulbarga branch includes these elements, identifying the bank and the branch location in Gulbarga and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002870 of Axis Bank for its Gunj Road Gulbarga branch located in Gulbarga, 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 Gulbarga and Gulbarga, 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 Gunj Road Gulbarga or Gulbarga to get the exact IFSC Code UTIB0002870.

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 Gulbarga, you'll get the correct details.

How to Use IFSC Code UTIB0002870 for Online Transfers?

Once you have the IFSC Code UTIB0002870 for the Gunj Road Gulbarga branch of Axis Bank in Gulbarga, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0002870. 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 UTIB0002870.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Gunj Road Gulbarga in Gulbarga, 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 Gunj Road Gulbarga, 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 Gulbarga manage online transfers as well as cheque clearances with ease.