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 Devadurga branch in Raichur, Devadurga, Karnataka, 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 Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0001289. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Devadurga, Raichur
Here are some of the key details that come with the IFSC Code UTIB0001289 of Axis Bank for its branch located in Raichur, within the district of Devadurga in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001289 |
| Branch | Devadurga |
| City | Raichur |
| District | Devadurga |
| State | Karnataka |
| Address | Door No.7-3-42/44, Gulbarga Road , Devadurga, Dist. Raichur, Karnataka, Pin 584111 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Raichur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001289 for the Devadurga branch of Axis Bank is vital.
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 Devadurga, Raichur, Karnataka, are given a unique IFSC like UTIB0001289 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raichur.
- 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 Raichur and Devadurga.
- 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 Devadurga goes to the correct branch. This is important because Axis Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0001289
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 Devadurga in Raichur.
For example, the IFSC Code UTIB0001289 of Axis Bank for the Devadurga branch has these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001289 of Axis Bank for its Devadurga branch located in Raichur, 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 Raichur and Devadurga, 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 Devadurga or Raichur to get the exact IFSC Code UTIB0001289.
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 Raichur that will provide accurate information.
How to Use IFSC Code UTIB0001289 for Online Transfers?
Once you have the IFSC Code UTIB0001289 for the Devadurga branch of Axis Bank in Raichur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001289. 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 UTIB0001289.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Devadurga in Raichur 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 Devadurga, 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 Raichur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001289.
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.7-3-42/44, Gulbarga Road , Devadurga, Dist. Raichur, Karnataka, Pin 584111 located in Raichur, Devadurga, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
