For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Bobilli branch in Vizianagaram, Bobbili, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001327. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Bobilli, Vizianagaram

Below in the table are the key details related to IFSC Code UTIB0001327 of Axis Bank for its branch located in Vizianagaram, within the district of Bobbili in the state of Andhra Pradesh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001327
Branch Bobilli
City Vizianagaram
District Bobbili
State Andhra Pradesh
Address Ground Floor, Govt. Hospital Road ,Bobbili, Dist.Vizianagaram,Andhra Pradesh, Pin 535558

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Vizianagaram for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001327 for the Bobilli 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 Bobilli, Vizianagaram, Andhra Pradesh, is provided a unique IFSC like UTIB0001327 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Vizianagaram.
  • 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 Vizianagaram and Bobbili.
  • 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 Bobilli do not get misguided to another person.

Format of the IFSC Code UTIB0001327

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bobilli in Vizianagaram.

For example, the IFSC Code UTIB0001327 of Axis Bank for the Bobilli branch includes these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0001327 of Axis Bank for its Bobilli branch located in Vizianagaram, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Vizianagaram and Bobbili, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Bobilli or Vizianagaram to find the exact IFSC Code UTIB0001327.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Vizianagaram will provide accurate information.

How to Use IFSC Code UTIB0001327 for Online Transfers?

If you have the IFSC Code UTIB0001327 for the Bobilli branch of Axis Bank in Vizianagaram, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001327. 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 UTIB0001327.

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 Bobilli in Vizianagaram, 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 Bobilli, 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 Vizianagaram to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Bobilli, Vizianagaram?

The IFSC Code is UTIB0001327.

Is the IFSC Code UTIB0001327 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Bobilli branch?

The address of the branch is Ground Floor, Govt. Hospital Road ,Bobbili, Dist.Vizianagaram,Andhra Pradesh, Pin 535558 located in Vizianagaram, Bobbili, 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.