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 Kandanathi branch in Kurnool, Yemmiganur, 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 Kurnool or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002061. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Kandanathi, Kurnool
Below in the table are the key details related to IFSC Code UTIB0002061 of Axis Bank for its branch located in Kurnool, within the district of Yemmiganur in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002061 |
| Branch | Kandanathi |
| City | Kurnool |
| District | Yemmiganur |
| State | Andhra Pradesh |
| Address | Door No. 3/34, Kandanathi Village, Yemmiganur Mangal, Dist. Kurnool, Andhra Pradesh, Pin 518350 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Kurnool for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002061 for the Kandanathi branch of Axis Bank has an 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, along with Axis Bank located in Kandanathi, Kurnool, Andhra Pradesh, are allotted a unique IFSC like UTIB0002061 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kurnool.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kurnool and Yemmiganur.
- 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 Kandanathi reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code UTIB0002061
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 Kandanathi in Kurnool.
For example, the IFSC Code UTIB0002061 of Axis Bank for the Kandanathi branch includes these elements, identifying the bank and the branch location in Kurnool and Andhra Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002061 of Axis Bank for its Kandanathi branch located in Kurnool, 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 Kurnool and Yemmiganur, 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 Kandanathi or Kurnool to get the exact IFSC Code UTIB0002061.
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 Kurnool that will provide accurate information.
How to Use IFSC Code UTIB0002061 for Online Transfers?
Once you have the IFSC Code UTIB0002061 for the Kandanathi branch of Axis Bank in Kurnool, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002061. 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 UTIB0002061.
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 Kandanathi in Kurnool, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Kandanathi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kurnool manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002061.
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. 3/34, Kandanathi Village, Yemmiganur Mangal, Dist. Kurnool, Andhra Pradesh, Pin 518350 located in Kurnool, Yemmiganur, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.