IFSC Code of Axis Bank, The Akki Alur Urban Cooperative, Akkialur, Karnataka- UTIB0SAUB01

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 The Akki Alur Urban Cooperative branch in Haveri, Akkialur, 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 UTIB0SAUB01. 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, The Akki Alur Urban Cooperative, Haveri

Here are the key points that are associated with the IFSC Code UTIB0SAUB01 of Axis Bank for its branch located in Haveri, within the district of Akkialur in the state of Karnataka.

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 UTIB0SAUB01 for the The Akki Alur Urban Cooperative 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 Akki Alur Urban Cooperative, Haveri, Karnataka, is provided a unique IFSC like UTIB0SAUB01 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Haveri.
• 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 Haveri and Akkialur.
• 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 Akki Alur Urban Cooperative do not get misguided to another person.

Format of the IFSC Code UTIB0SAUB01

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Akki Alur Urban Cooperative in Haveri.

For example, the IFSC Code UTIB0SAUB01 of Axis Bank for the The Akki Alur Urban Cooperative branch has these elements, identifying the bank and the branch location in Haveri and Karnataka correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SAUB01 of Axis Bank for its The Akki Alur Urban Cooperative branch located in Haveri, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for The Akki Alur Urban Cooperative or Haveri to get the exact IFSC Code UTIB0SAUB01.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Haveri that will provide accurate information.

How to Use IFSC Code UTIB0SAUB01 for Online Transfers?

Once you have the IFSC Code UTIB0SAUB01 for the The Akki Alur Urban Cooperative branch of Axis Bank in Haveri, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SAUB01. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0SAUB01.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank The Akki Alur Urban Cooperative in Haveri, it can 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 The Akki Alur Urban Cooperative, 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 Haveri manage online transfers as well as cheque clearances with ease.