For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Jayanthi branch in Krishna, Kanchikacherla, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002020. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Jayanthi, Krishna
Below in the table are the key details related to IFSC Code UTIB0002020 of Axis Bank for its branch located in Krishna, within the district of Kanchikacherla in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002020 |
| Branch | Jayanthi |
| City | Krishna |
| District | Kanchikacherla |
| State | Andhra Pradesh |
| Address | Door No. 4-63,Main Centre,Jayanthi Jayanthi Village, Veerulapadu Mandal, Dist.Krishna,Jayanthi, Andhra Pradesh,Pin 521170 |
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 UTIB0002020 for the Jayanthi 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, along with Axis Bank located in Jayanthi, Krishna, Andhra Pradesh, are allotted a unique IFSC like UTIB0002020 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Krishna.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Krishna and Kanchikacherla.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Jayanthi reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code UTIB0002020
The format of the IFSC Code for banks, including Axis Bank, has 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 Jayanthi in Krishna.
For example, the IFSC Code UTIB0002020 of Axis Bank for the Jayanthi branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002020 of Axis Bank for its Jayanthi 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 Kanchikacherla, 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 Jayanthi or Krishna to get the exact IFSC Code UTIB0002020.
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 UTIB0002020 for Online Transfers?
Once you have the IFSC Code UTIB0002020 for the Jayanthi branch of Axis Bank in Krishna, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002020. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0002020.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Jayanthi in Krishna, it can 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 Jayanthi, 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 Krishna manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002020.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Door No. 4-63,Main Centre,Jayanthi Jayanthi Village, Veerulapadu Mandal, Dist.Krishna,Jayanthi, Andhra Pradesh,Pin 521170 located in Krishna, Kanchikacherla, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
