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 Amadalavalasa branch in Srikakulam, Amadalavalasa, 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 Srikakulam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0004571. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Amadalavalasa, Srikakulam
Below in the table are the key details related to IFSC Code UTIB0004571 of Axis Bank for its branch located in Srikakulam, within the district of Amadalavalasa in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004571 |
| Branch | Amadalavalasa |
| City | Srikakulam |
| District | Amadalavalasa |
| State | Andhra Pradesh |
| Address | Ground Floor, Dno. 4-4-45/4, Grs Residency, Amadalavalasa Main Road, Srikakulam (Dist) Ap _X0013_ 532185 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Srikakulam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004571 for the Amadalavalasa branch of Axis Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0004571 is given to every bank branch, including Axis Bank located in Amadalavalasa, Srikakulam, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Srikakulam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Srikakulam and Amadalavalasa.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Amadalavalasa doesn't end up at another location.
Format of the IFSC Code UTIB0004571
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 Amadalavalasa in Srikakulam.
For example, the IFSC Code UTIB0004571 of Axis Bank for the Amadalavalasa branch has these elements, identifying the bank and the branch location in Srikakulam and Andhra Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004571 of Axis Bank for its Amadalavalasa branch located in Srikakulam, 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 Srikakulam and Amadalavalasa, 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 Amadalavalasa or Srikakulam to get the exact IFSC Code UTIB0004571.
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 Srikakulam, you'll get the correct details.
How to Use IFSC Code UTIB0004571 for Online Transfers?
Once you have the IFSC Code UTIB0004571 for the Amadalavalasa branch of Axis Bank in Srikakulam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004571. 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 UTIB0004571.
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 Amadalavalasa in Srikakulam, 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 Amadalavalasa, 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 Srikakulam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Amadalavalasa Srikakulam branch is UTIB0004571.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, Dno. 4-4-45/4, Grs Residency, Amadalavalasa Main Road, Srikakulam (Dist) Ap _X0013_ 532185.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.