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 Hanamasagar Urban Coop Bank branch in Koppal, Hanamsagar, Karnataka, 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 Koppal or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0SHUCBL. 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, Hanamasagar Urban Coop Bank, Koppal

Here are the main details that are associated with the IFSC Code UTIB0SHUCBL of Axis Bank for its branch located in Koppal, within the district of Hanamsagar in the state of Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SHUCBL
Branch Hanamasagar Urban Coop Bank
City Koppal
District Hanamsagar
State Karnataka
Address Apmc Yard College Road Hanamasagar 583281

These details help users in online banking and for businesses and individuals who use Axis Bank in Koppal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SHUCBL for the Hanamasagar Urban Coop Bank 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 Hanamasagar Urban Coop Bank, Koppal, Karnataka, is provided a unique IFSC like UTIB0SHUCBL so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Koppal.
  • 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 Koppal and Hanamsagar.
  • 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 Hanamasagar Urban Coop Bank do not get misguided to another person.

Format of the IFSC Code UTIB0SHUCBL

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 Hanamasagar Urban Coop Bank in Koppal.

For example, the IFSC Code UTIB0SHUCBL of Axis Bank for the Hanamasagar Urban Coop Bank branch includes these elements, identifying the bank and the branch location in Koppal and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SHUCBL of Axis Bank for its Hanamasagar Urban Coop Bank branch located in Koppal, 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 Koppal and Hanamsagar, 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 Hanamasagar Urban Coop Bank or Koppal to get the exact IFSC Code UTIB0SHUCBL.

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 Koppal that will provide accurate information.

How to Use IFSC Code UTIB0SHUCBL for Online Transfers?

Once you have the IFSC Code UTIB0SHUCBL for the Hanamasagar Urban Coop Bank branch of Axis Bank in Koppal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SHUCBL. 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 UTIB0SHUCBL.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Hanamasagar Urban Coop Bank in Koppal 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 Hanamasagar Urban Coop Bank, 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 Koppal to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Hanamasagar Urban Coop Bank, Koppal?

The IFSC Code is UTIB0SHUCBL.

Is the IFSC Code UTIB0SHUCBL permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Hanamasagar Urban Coop Bank?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Hanamasagar Urban Coop Bank branch?

The address of the branch is Apmc Yard College Road Hanamasagar 583281 located in Koppal, Hanamsagar, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.