IFSC Code of Axis Bank, Padubidri, Padubidri, Karnataka- UTIB0003243

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 Padubidri branch in Udipi, Padubidri, or Karnataka, 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 Udipi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB0003243. 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, Padubidri, Udipi

Below in the table are the key details related to IFSC Code UTIB0003243 of Axis Bank for its branch located in Udipi, within the district of Padubidri in the state of Karnataka.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Udipi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003243 for the Padubidri 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 Padubidri, Udipi, Karnataka, are allotted a unique IFSC like UTIB0003243 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Udipi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Udipi and Padubidri.
• 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 Padubidri reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code UTIB0003243

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 Padubidri in Udipi.

For example, the IFSC Code UTIB0003243 of Axis Bank for the Padubidri 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 UTIB0003243 of Axis Bank for its Padubidri branch located in Udipi, 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 Udipi and Padubidri, 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 Padubidri or Udipi to get the exact IFSC Code UTIB0003243.

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 Udipi, you'll get the correct details.

How to Use IFSC Code UTIB0003243 for Online Transfers?

Once you have the IFSC Code UTIB0003243 for the Padubidri branch of Axis Bank in Udipi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003243. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0003243.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Padubidri in Udipi, 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 Padubidri, 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.