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 Sri Siddeshwar Co Op Bank Ltd branch in Haveri, Ranebennur, 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 Haveri or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0SSCBRN. 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, Sri Siddeshwar Co Op Bank Ltd, Haveri
Here are the main details that are associated with the IFSC Code UTIB0SSCBRN of Axis Bank for its branch located in Haveri, within the district of Ranebennur in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SSCBRN |
| Branch | Sri Siddeshwar Co Op Bank Ltd |
| City | Haveri |
| District | Ranebennur |
| State | Karnataka |
| Address | Apmc Yard Ranibennur 581115 |
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 UTIB0SSCBRN for the Sri Siddeshwar Co Op Bank Ltd 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, including Axis Bank located in Sri Siddeshwar Co Op Bank Ltd, Haveri, Karnataka, is provided with a unique IFSC like UTIB0SSCBRN to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Haveri.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Haveri and Ranebennur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Sri Siddeshwar Co Op Bank Ltd do not get mixed with another location.
Format of the IFSC Code UTIB0SSCBRN
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 Sri Siddeshwar Co Op Bank Ltd in Haveri.
For example, the IFSC Code UTIB0SSCBRN of Axis Bank for the Sri Siddeshwar Co Op Bank Ltd 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 looking for the IFSC Code UTIB0SSCBRN of Axis Bank for its Sri Siddeshwar Co Op Bank Ltd branch located in Haveri, 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 Haveri and Ranebennur, 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 Sri Siddeshwar Co Op Bank Ltd or Haveri to get the exact IFSC Code UTIB0SSCBRN.
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 Haveri, then it will provide you proper information.
How to Use IFSC Code UTIB0SSCBRN for Online Transfers?
Once you have the IFSC Code UTIB0SSCBRN for the Sri Siddeshwar Co Op Bank Ltd branch of Axis Bank in Haveri, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0SSCBRN. 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 UTIB0SSCBRN.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sri Siddeshwar Co Op Bank Ltd in Haveri, your payment can get delayed or might not go through at all.
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 Sri Siddeshwar Co Op Bank Ltd, 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)
The IFSC Code is UTIB0SSCBRN.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Apmc Yard Ranibennur 581115 located in Haveri, Ranebennur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.