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 Nuzvid branch in Krishna, Nuzvid, Andhra Pradesh, 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 Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001111. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Nuzvid, Krishna
Here are the key points that are associated with the IFSC Code UTIB0001111 of Axis Bank for its branch located in Krishna, within the district of Nuzvid in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001111 |
| Branch | Nuzvid |
| City | Krishna |
| District | Nuzvid |
| State | Andhra Pradesh |
| Address | Door No.21-25/1, Opp. To Tataiah Baby Hospital,Tiruvur Road , Nuzvid, Dist. Krishna,Andhra Pradesh 521201 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Krishna for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001111 for the Nuzvid branch of Axis Bank is vital.
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 Nuzvid, Krishna, Andhra Pradesh, is provided with a unique IFSC like UTIB0001111 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 Nuzvid.
- 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 Nuzvid do not get mixed with another location.
Format of the IFSC Code UTIB0001111
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nuzvid in Krishna.
For example, the IFSC Code UTIB0001111 of Axis Bank for the Nuzvid 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 UTIB0001111 of Axis Bank for its Nuzvid 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 Nuzvid, 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 Nuzvid or Krishna to get the exact IFSC Code UTIB0001111.
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 UTIB0001111 for Online Transfers?
Once you have the IFSC Code UTIB0001111 for the Nuzvid 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 UTIB0001111. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0001111.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Nuzvid 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 are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Nuzvid, 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 UTIB0001111.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Door No.21-25/1, Opp. To Tataiah Baby Hospital,Tiruvur Road , Nuzvid, Dist. Krishna,Andhra Pradesh 521201 located in Krishna, Nuzvid, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
