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 The Catholic Coop Urban Bank Ltd branch in Hyderabad, Hyderabad, Andhra Pradesh, 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 Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code UTIB0SCAT22. 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, The Catholic Coop Urban Bank Ltd, Hyderabad
Here are some of the key details that come with the IFSC Code UTIB0SCAT22 of Axis Bank for its branch located in Hyderabad, within the district of Hyderabad in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SCAT22 |
| Branch | The Catholic Coop Urban Bank Ltd |
| City | Hyderabad |
| District | Hyderabad |
| State | Andhra Pradesh |
| Address | Amruthavani, 50, Sabastian Road, Secunderabad 500003 |
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 UTIB0SCAT22 for the The Catholic Coop Urban Bank Ltd 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in The Catholic Coop Urban Bank Ltd, Hyderabad, Andhra Pradesh, is provided with a unique IFSC like UTIB0SCAT22 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in The Catholic Coop Urban Bank Ltd do not get mixed with another location.
Format of the IFSC Code UTIB0SCAT22
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 The Catholic Coop Urban Bank Ltd in Hyderabad.
For example, the IFSC Code UTIB0SCAT22 of Axis Bank for the The Catholic Coop Urban Bank Ltd branch includes these elements, identifying the bank and the branch location in Hyderabad and Andhra Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SCAT22 of Axis Bank for its The Catholic Coop Urban Bank Ltd 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 The Catholic Coop Urban Bank Ltd or Hyderabad to get the exact IFSC Code UTIB0SCAT22.
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 UTIB0SCAT22 for Online Transfers?
Once you have the IFSC Code UTIB0SCAT22 for the The Catholic Coop Urban Bank Ltd 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 UTIB0SCAT22. 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 UTIB0SCAT22.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank The Catholic Coop Urban Bank Ltd in Hyderabad may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in The Catholic Coop Urban Bank Ltd, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Hyderabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SCAT22.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Amruthavani, 50, Sabastian Road, Secunderabad 500003 located in Hyderabad, Hyderabad, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.