Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Nagarkurnool branch in Nagarkurnool, Mahbubnagar, or Telangana, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Nagarkurnool or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code UTIB0003660. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Nagarkurnool, Nagarkurnool
Here are some of the key details that come with the IFSC Code UTIB0003660 of Axis Bank for its branch located in Nagarkurnool, within the district of Mahbubnagar in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003660 |
| Branch | Nagarkurnool |
| City | Nagarkurnool |
| District | Mahbubnagar |
| State | Telangana |
| Address | Ground Floor Sy No 364 Opp To Police Station Nagarkurnool Mail Road Nagarkurnool 509209 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Nagarkurnool for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003660 for the Nagarkurnool 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Nagarkurnool, Nagarkurnool, Telangana, are allotted a unique IFSC like UTIB0003660 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nagarkurnool.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nagarkurnool and Mahbubnagar.
- 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 Nagarkurnool reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code UTIB0003660
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Nagarkurnool in Nagarkurnool.
For example, the IFSC Code UTIB0003660 of Axis Bank for the Nagarkurnool branch includes these elements, identifying the bank and the branch location in Nagarkurnool and Telangana accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0003660 of Axis Bank for its Nagarkurnool branch located in Nagarkurnool, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Nagarkurnool and Mahbubnagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Nagarkurnool or Nagarkurnool to find the exact IFSC Code UTIB0003660.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Nagarkurnool will provide accurate information.
How to Use IFSC Code UTIB0003660 for Online Transfers?
Once you have the IFSC Code UTIB0003660 for the Nagarkurnool branch of Axis Bank in Nagarkurnool, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003660. 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 UTIB0003660.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Nagarkurnool in Nagarkurnool, your payment can get delayed or might not go through at all.
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 Nagarkurnool, 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 Nagarkurnool to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003660.
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 Ground Floor Sy No 364 Opp To Police Station Nagarkurnool Mail Road Nagarkurnool 509209 located in Nagarkurnool, Mahbubnagar, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.