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 Sainikpuri 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 UTIB0003175. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Sainikpuri, Hyderabad
Below in the table are the key details related to IFSC Code UTIB0003175 of Axis Bank for its branch located in Hyderabad, within the district of Hyderabad in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003175 |
| Branch | Sainikpuri |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| Address | Door No 13739G1 Plot No 351 Defence Colony Neredmet Secunderabad Hyderabad Telengana 500094 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Hyderabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003175 for the Sainikpuri 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 Sainikpuri, Hyderabad, Telangana, is provided with a unique IFSC like UTIB0003175 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Hyderabad and Hyderabad.
- 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Sainikpuri do not get mixed with another location.
Format of the IFSC Code UTIB0003175
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 Sainikpuri in Hyderabad.
For example, the IFSC Code UTIB0003175 of Axis Bank for the Sainikpuri branch has these elements, identifying the bank and the branch location in Hyderabad and Telangana correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003175 of Axis Bank for its Sainikpuri 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 Sainikpuri or Hyderabad to get the exact IFSC Code UTIB0003175.
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 UTIB0003175 for Online Transfers?
Once you have the IFSC Code UTIB0003175 for the Sainikpuri branch of Axis Bank in Hyderabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003175. 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 UTIB0003175.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Sainikpuri in Hyderabad 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 Sainikpuri, 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.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sainikpuri Hyderabad branch is UTIB0003175.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Door No 13739G1 Plot No 351 Defence Colony Neredmet Secunderabad Hyderabad Telengana 500094.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.