IFSC Code of Axis Bank, Kosikalan, Kosi Kalan, Uttar Pradesh- UTIB0001058

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 Kosikalan branch in Mathura, Kosi Kalan, Uttar 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 Mathura or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001058. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Kosikalan, Mathura

Here are the main details that are associated with the IFSC Code UTIB0001058 of Axis Bank for its branch located in Mathura, within the district of Kosi Kalan in the state of Uttar Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Mathura for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001058 for the Kosikalan 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0001058 is given to every bank branch, including Axis Bank located in Kosikalan, Mathura, Uttar 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 Mathura.
• 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 Mathura and Kosi Kalan.
• 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Kosikalan doesn't end up at another location.

Format of the IFSC Code UTIB0001058

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 Kosikalan in Mathura.

For example, the IFSC Code UTIB0001058 of Axis Bank for the Kosikalan branch has these elements, identifying the bank and the branch location in Mathura and Uttar Pradesh correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0001058 of Axis Bank for its Kosikalan branch located in Mathura, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Mathura and Kosi Kalan, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Kosikalan or Mathura to get the exact IFSC Code UTIB0001058.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Mathura, then it will provide you proper information.

How to Use IFSC Code UTIB0001058 for Online Transfers?

If you have the IFSC Code UTIB0001058 for the Kosikalan branch of Axis Bank in Mathura, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001058. 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 UTIB0001058.

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 Kosikalan in Mathura, it may 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 Kosikalan, 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 Mathura manage their online transfers and cheque clearances easily.