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 Yemmiganur branch in Kurnool, Kurnool, 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 Kurnool or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002111. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Yemmiganur, Kurnool
The table below shows the main details of the IFSC Code UTIB0002111 for the Axis Bank branch in Kurnool, which falls under the Kurnool district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002111 |
| Branch | Yemmiganur |
| City | Kurnool |
| District | Kurnool |
| State | Andhra Pradesh |
| Address | D.No.1/1456,Uty Complex, Near Geetha Mandir, Yemmiganur,Dist.Kurnool, Andhra Pradesh,Pin 518360 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Kurnool for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002111 for the Yemmiganur 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0002111 is given to every bank branch, including Axis Bank located in Yemmiganur, Kurnool, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Kurnool.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Kurnool and Kurnool.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Yemmiganur doesn't end up at another location.
Format of the IFSC Code UTIB0002111
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Yemmiganur in Kurnool.
For example, the IFSC Code UTIB0002111 of Axis Bank for the Yemmiganur branch has 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 UTIB0002111 of Axis Bank for its Yemmiganur branch located in Kurnool, 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 Kurnool and Kurnool, 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 Yemmiganur or Kurnool to get the exact IFSC Code UTIB0002111.
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 Kurnool, you'll get the correct details.
How to Use IFSC Code UTIB0002111 for Online Transfers?
If you have the IFSC Code UTIB0002111 for the Yemmiganur branch of Axis Bank in Kurnool, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002111. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0002111.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Yemmiganur in Kurnool, it 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 Yemmiganur, 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 Kurnool to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002111.
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 D.No.1/1456,Uty Complex, Near Geetha Mandir, Yemmiganur,Dist.Kurnool, Andhra Pradesh,Pin 518360 located in Kurnool, Kurnool, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.