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 Kotabommali branch in Srikakulam, Kotabommali, or Andhra Pradesh, 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 Srikakulam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0004569. 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, Kotabommali, Srikakulam

Here are the main details that are associated with the IFSC Code UTIB0004569 of Axis Bank for its branch located in Srikakulam, within the district of Kotabommali in the state of Andhra Pradesh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0004569
Branch Kotabommali
City Srikakulam
District Kotabommali
State Andhra Pradesh
Address D No 6-6-15, Kothapeta, Kotabommali Main Road, Kotabommali (Village) & Mandal, Srikakulam, Ap 532195

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Srikakulam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004569 for the Kotabommali branch of Axis Bank has 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 Kotabommali, Srikakulam, Andhra Pradesh, are allotted a unique IFSC like UTIB0004569 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Axis Bank in Kotabommali reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code UTIB0004569

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kotabommali in Srikakulam.

For example, the IFSC Code UTIB0004569 of Axis Bank for the Kotabommali branch includes these elements, identifying the bank and the branch location in Srikakulam and Andhra Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004569 of Axis Bank for its Kotabommali 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Srikakulam and Kotabommali, print them 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 Kotabommali or Srikakulam to get the exact IFSC Code UTIB0004569.

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 UTIB0004569 for Online Transfers?

If you have the IFSC Code UTIB0004569 for the Kotabommali branch of Axis Bank in Srikakulam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004569. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0004569.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Kotabommali in Srikakulam, it may result in delayed or failed transactions.

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 Kotabommali, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Srikakulam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Kotabommali, Srikakulam?

The IFSC Code is UTIB0004569.

Is the IFSC Code UTIB0004569 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Kotabommali?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kotabommali branch?

The address of the branch is D No 6-6-15, Kothapeta, Kotabommali Main Road, Kotabommali (Village) & Mandal, Srikakulam, Ap 532195 located in Srikakulam, Kotabommali, Andhra Pradesh.

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.