IFSC Code of Axis Bank, Hayath Nagar, Hyderabad, Telangana- UTIB0003173

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Hayath Nagar branch in Rangareddi, Hyderabad, Telangana, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Rangareddi or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code UTIB0003173. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Hayath Nagar, Rangareddi

Below in the table are the key details related to IFSC Code UTIB0003173 of Axis Bank for its branch located in Rangareddi, within the district of Hyderabad in the state of Telangana.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Rangareddi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003173 for the Hayath Nagar branch of Axis Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Hayath Nagar, Rangareddi, Telangana, is provided a unique IFSC like UTIB0003173 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Rangareddi.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Rangareddi and Hyderabad.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Telangana and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Hayath Nagar do not get misguided to another person.

Format of the IFSC Code UTIB0003173

The format of the IFSC Code for banks, including Axis Bank, has 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 Hayath Nagar in Rangareddi.

For example, the IFSC Code UTIB0003173 of Axis Bank for the Hayath Nagar branch includes these elements, identifying the bank and the branch location in Rangareddi and Telangana correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003173 of Axis Bank for its Hayath Nagar branch located in Rangareddi, 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 Rangareddi and Hyderabad, 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 Hayath Nagar or Rangareddi to get the exact IFSC Code UTIB0003173.

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 Rangareddi, then it will provide you proper information.

How to Use IFSC Code UTIB0003173 for Online Transfers?

Once you have the IFSC Code UTIB0003173 for the Hayath Nagar branch of Axis Bank in Rangareddi, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003173. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0003173.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Hayath Nagar in Rangareddi, it can 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 Hayath Nagar, 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 Rangareddi manage online transfers as well as cheque clearances with ease.