IFSC Code of Axis Bank, Manipal, Manipal(Shivalli), Karnataka — UTIB0002025

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 Manipal branch in Udipi, Manipal(Shivalli), Karnataka, 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 Udipi or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0002025. 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, Manipal, Udipi

Here are some of the key details that come with the IFSC Code UTIB0002025 of Axis Bank for its branch located in Udipi, within the district of Manipal(Shivalli) in the state of Karnataka.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Udipi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0002025 for the Manipal branch of Axis Bank is vital.

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 UTIB0002025 is given to every bank branch, including Axis Bank located in Manipal, Udipi, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Udipi.
• 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 Udipi and Manipal(Shivalli).
• 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Manipal doesn't end up at another location.

Format of the IFSC Code UTIB0002025

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 Manipal in Udipi.

For example, the IFSC Code UTIB0002025 of Axis Bank for the Manipal branch includes these elements, identifying the bank and the branch location in Udipi and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002025 of Axis Bank for its Manipal branch located in Udipi, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Udipi and Manipal(Shivalli), print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Manipal or Udipi to get the exact IFSC Code UTIB0002025.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Udipi that will provide accurate information.

How to Use IFSC Code UTIB0002025 for Online Transfers?

Once you have the IFSC Code UTIB0002025 for the Manipal branch of Axis Bank in Udipi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002025. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002025.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Manipal in Udipi 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 Manipal, 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 Udipi to handle online money transfers and get their cheques cleared smoothly.