IFSC Code of Axis Bank, Bahadurpura, Hyderabad, Telangana- UTIB0004306

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 Bahadurpura branch in Hyderabad, Hyderabad, Telangana, 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 Hyderabad or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code UTIB0004306. 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, Bahadurpura, Hyderabad

Below in the table are the key details related to IFSC Code UTIB0004306 of Axis Bank for its branch located in Hyderabad, within the district of Hyderabad in the state of Telangana.

These details help users in online banking and for businesses and individuals who use Axis Bank in Hyderabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004306 for the Bahadurpura branch of Axis Bank has a very 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 UTIB0004306 is given to every bank branch, including Axis Bank located in Bahadurpura, Hyderabad, Telangana, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Hyderabad.
• 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 Hyderabad and Hyderabad.
• 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Bahadurpura doesn't end up at another location.

Format of the IFSC Code UTIB0004306

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 Bahadurpura in Hyderabad.

For example, the IFSC Code UTIB0004306 of Axis Bank for the Bahadurpura branch includes these elements, identifying the bank and the branch location in Hyderabad and Telangana accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0004306 of Axis Bank for its Bahadurpura branch located in Hyderabad, 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 Hyderabad and Hyderabad, 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 Bahadurpura or Hyderabad to get the exact IFSC Code UTIB0004306.

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 Hyderabad, then it will provide you proper information.

How to Use IFSC Code UTIB0004306 for Online Transfers?

Once you have the IFSC Code UTIB0004306 for the Bahadurpura branch of Axis Bank in Hyderabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0004306. 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 UTIB0004306.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Bahadurpura in Hyderabad, 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 Bahadurpura, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Hyderabad manage online transfers as well as cheque clearances with ease.