IFSC Code of Axis Bank, Gajularamaram, Hyderabad, Telangana- UTIB0005584

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Gajularamaram branch in Hyderabad, Hyderabad, Telangana, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Hyderabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code UTIB0005584. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Gajularamaram, Hyderabad

Here are the main details that are associated with the IFSC Code UTIB0005584 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 UTIB0005584 for the Gajularamaram 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Gajularamaram, Hyderabad, Telangana, is provided a unique IFSC like UTIB0005584 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Hyderabad.
• 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 Hyderabad and Hyderabad.
• 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 Telangana and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Gajularamaram do not get misguided to another person.

Format of the IFSC Code UTIB0005584

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 Gajularamaram in Hyderabad.

For example, the IFSC Code UTIB0005584 of Axis Bank for the Gajularamaram 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 trying to find the IFSC Code UTIB0005584 of Axis Bank for its Gajularamaram branch located in Hyderabad, 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 Hyderabad and Hyderabad, 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 Gajularamaram or Hyderabad to get the exact IFSC Code UTIB0005584.

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 Hyderabad, you'll get the correct details.

How to Use IFSC Code UTIB0005584 for Online Transfers?

Once you have the IFSC Code UTIB0005584 for the Gajularamaram 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 UTIB0005584. 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 UTIB0005584.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Gajularamaram 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 Gajularamaram, 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 Hyderabad to handle online money transfers and get their cheques cleared smoothly.