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 Sudha Coop Urban Bank Ltd Nakrekal branch in Nalgonda, Nakrekal, 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 Nalgonda or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code UTIB0SSUD03. 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, Sudha Coop Urban Bank Ltd Nakrekal, Nalgonda

The table below shows the main details of the IFSC Code UTIB0SSUD03 for the Axis Bank branch in Nalgonda, which falls under the Nakrekal district in Telangana.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SSUD03
Branch Sudha Coop Urban Bank Ltd Nakrekal
City Nalgonda
District Nakrekal
State Telangana
Address 13652 Near Petrol Bunk Main Road Nakirekal Pin 508211

These details help users in online banking and for businesses and individuals who use Axis Bank in Nalgonda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SSUD03 for the Sudha Coop Urban Bank Ltd Nakrekal 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 Sudha Coop Urban Bank Ltd Nakrekal, Nalgonda, Telangana, are given a unique IFSC like UTIB0SSUD03 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nalgonda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Nalgonda and Nakrekal.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Sudha Coop Urban Bank Ltd Nakrekal goes to the correct branch. This is important because Axis Bank has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0SSUD03

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): 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 Sudha Coop Urban Bank Ltd Nakrekal in Nalgonda.

For example, the IFSC Code UTIB0SSUD03 of Axis Bank for the Sudha Coop Urban Bank Ltd Nakrekal branch includes these elements, identifying the bank and the branch location in Nalgonda and Telangana accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0SSUD03 of Axis Bank for its Sudha Coop Urban Bank Ltd Nakrekal branch located in Nalgonda, 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 Nalgonda and Nakrekal, 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 Sudha Coop Urban Bank Ltd Nakrekal or Nalgonda to get the exact IFSC Code UTIB0SSUD03.

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 Nalgonda, then it will provide you proper information.

How to Use IFSC Code UTIB0SSUD03 for Online Transfers?

Once you have the IFSC Code UTIB0SSUD03 for the Sudha Coop Urban Bank Ltd Nakrekal branch of Axis Bank in Nalgonda, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SSUD03. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0SSUD03.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Sudha Coop Urban Bank Ltd Nakrekal in Nalgonda may 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 Sudha Coop Urban Bank Ltd Nakrekal, 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 Nalgonda manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank Sudha Coop Urban Bank Ltd Nakrekal Nalgonda?

The IFSC Code of the Sudha Coop Urban Bank Ltd Nakrekal Nalgonda branch is UTIB0SSUD03.

Is IFSC Code UTIB0SSUD03 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Sudha Coop Urban Bank Ltd Nakrekal branch?

The branch is located at 13652 Near Petrol Bunk Main Road Nakirekal Pin 508211.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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