IFSC Code of Axis Bank, Mumbapur, Tandur, Andhra Pradesh- UTIB0002059

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 Mumbapur branch in Rangareddy, Tandur, Andhra 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 Rangareddy or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002059. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Mumbapur, Rangareddy

Below in the table are the key details related to IFSC Code UTIB0002059 of Axis Bank for its branch located in Rangareddy, within the district of Tandur in the state of Andhra Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Rangareddy for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002059 for the Mumbapur branch of Axis Bank plays an 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 Mumbapur, Rangareddy, Andhra Pradesh, are given a unique IFSC like UTIB0002059 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Rangareddy.
• 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 Rangareddy and Tandur.
• 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 Mumbapur goes to the correct branch. This is important because Axis Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0002059

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mumbapur in Rangareddy.

For example, the IFSC Code UTIB0002059 of Axis Bank for the Mumbapur branch includes these elements, identifying the bank and the branch location in Rangareddy and Andhra Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002059 of Axis Bank for its Mumbapur branch located in Rangareddy, the following methods can help:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Axis Bank branches in Rangareddy and Tandur, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Axis Bank and navigate to the branch locator section. Search for Mumbapur or Rangareddy to get the exact IFSC Code UTIB0002059.

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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Rangareddy, you'll get the correct details.

How to Use IFSC Code UTIB0002059 for Online Transfers?

Once you have the IFSC Code UTIB0002059 for the Mumbapur branch of Axis Bank in Rangareddy, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0002059. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0002059.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Mumbapur in Rangareddy, 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 Mumbapur, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Rangareddy manage online transfers as well as cheque clearances with ease.