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IFSC Code of Axis Bank, Priyadarshini Mahila Urban Sahakari, Haveri, Karnataka — UTIB0SPMUSB

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 Priyadarshini Mahila Urban Sahakari branch in Haveri, Haveri, 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 Haveri or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0SPMUSB. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Priyadarshini Mahila Urban Sahakari, Haveri

Here are the key points that are associated with the IFSC Code UTIB0SPMUSB of Axis Bank for its branch located in Haveri, within the district of Haveri in the state of Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SPMUSB
Branch Priyadarshini Mahila Urban Sahakari
City Haveri
District Haveri
State Karnataka
Address 1St Floor Sanu Complex Gandhi Circle Haveri 581 110

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Haveri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SPMUSB for the Priyadarshini Mahila Urban Sahakari branch of Axis Bank plays an important 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 Priyadarshini Mahila Urban Sahakari, Haveri, Karnataka, are allotted a unique IFSC like UTIB0SPMUSB to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0SPMUSB

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Priyadarshini Mahila Urban Sahakari in Haveri.

For example, the IFSC Code UTIB0SPMUSB of Axis Bank for the Priyadarshini Mahila Urban Sahakari branch includes these elements, identifying the bank and the branch location in Haveri and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SPMUSB of Axis Bank for its Priyadarshini Mahila Urban Sahakari branch located in Haveri, 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 Haveri and Haveri, 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 Priyadarshini Mahila Urban Sahakari or Haveri to get the exact IFSC Code UTIB0SPMUSB.

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 Haveri, you'll get the correct details.

How to Use IFSC Code UTIB0SPMUSB for Online Transfers?

Once you have the IFSC Code UTIB0SPMUSB for the Priyadarshini Mahila Urban Sahakari branch of Axis Bank in Haveri, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SPMUSB. 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 UTIB0SPMUSB.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Priyadarshini Mahila Urban Sahakari in Haveri 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 Priyadarshini Mahila Urban Sahakari, 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 Haveri to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Priyadarshini Mahila Urban Sahakari, Haveri?

The IFSC Code is UTIB0SPMUSB.

Is the IFSC Code UTIB0SPMUSB 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 Priyadarshini Mahila Urban Sahakari?

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 Priyadarshini Mahila Urban Sahakari branch?

The address of the branch is 1St Floor Sanu Complex Gandhi Circle Haveri 581 110 located in Haveri, Haveri, 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.

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