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 Srikakulam branch in Srikakulam, Srikakulam, 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 UTIB0000536. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Srikakulam, Srikakulam

Here are the main details that are associated with the IFSC Code UTIB0000536 of Axis Bank for its branch located in Srikakulam, within the district of Srikakulam in the state of Andhra Pradesh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0000536
Branch Srikakulam
City Srikakulam
District Srikakulam
State Andhra Pradesh
Address No 91/P, Palakonda Road, Near Krishna Park, Next To Kondaramasamy Kalyana Mandapam, Srikakulam 532 001

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Srikakulam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000536 for the Srikakulam branch of Axis Bank plays an important role.

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 Srikakulam, Srikakulam, Andhra Pradesh, is provided a unique IFSC like UTIB0000536 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Srikakulam.
  • 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 Srikakulam and Srikakulam.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Srikakulam do not get misguided to another person.

Format of the IFSC Code UTIB0000536

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): 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 Srikakulam in Srikakulam.

For example, the IFSC Code UTIB0000536 of Axis Bank for the Srikakulam 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 UTIB0000536 of Axis Bank for its Srikakulam 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 Srikakulam, 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 Srikakulam or Srikakulam to get the exact IFSC Code UTIB0000536.

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 UTIB0000536 for Online Transfers?

Once you have the IFSC Code UTIB0000536 for the Srikakulam branch of Axis Bank in Srikakulam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000536. 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 UTIB0000536.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Srikakulam in Srikakulam, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Srikakulam, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Srikakulam manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank Srikakulam Srikakulam?

The IFSC Code of the Srikakulam Srikakulam branch is UTIB0000536.

Is IFSC Code UTIB0000536 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Srikakulam branch?

The branch is located at No 91/P, Palakonda Road, Near Krishna Park, Next To Kondaramasamy Kalyana Mandapam, Srikakulam 532 001.

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.

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