IFSC Code of Axis Bank, Gollamandala, A Koduru, Andhra Pradesh- UTIB0002080

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 Gollamandala branch in Krishna, A Koduru, 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 Krishna or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code UTIB0002080. 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, Gollamandala, Krishna

Here are the key points that are associated with the IFSC Code UTIB0002080 of Axis Bank for its branch located in Krishna, within the district of A Koduru in the state of Andhra Pradesh.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Krishna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002080 for the Gollamandala branch of Axis Bank plays a vital 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 Gollamandala, Krishna, Andhra Pradesh, is provided with a unique IFSC like UTIB0002080 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Krishna.
• 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 Krishna and A Koduru.
• 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 Gollamandala do not get mixed with another location.

Format of the IFSC Code UTIB0002080

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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Gollamandala in Krishna.

For example, the IFSC Code UTIB0002080 of Axis Bank for the Gollamandala branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002080 of Axis Bank for its Gollamandala branch located in Krishna, 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

Most banks, including Axis Bank branches in Krishna and A Koduru, print the IFSC and MICR codes 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 Gollamandala or Krishna to get the exact IFSC Code UTIB0002080.

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 Krishna, you'll get the correct details.

How to Use IFSC Code UTIB0002080 for Online Transfers?

Once you have the IFSC Code UTIB0002080 for the Gollamandala branch of Axis Bank in Krishna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0002080. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0002080.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Gollamandala in Krishna, 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 Gollamandala, 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 Krishna manage online transfers as well as cheque clearances with ease.