IFSC Code of Axis Bank, Kothagudem, Kothagudem, Andhra Pradesh- UTIB0002012

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 Kothagudem branch in Warangal, Kothagudem, 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 Warangal or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002012. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Kothagudem, Warangal

Here are the key points that are associated with the IFSC Code UTIB0002012 of Axis Bank for its branch located in Warangal, within the district of Kothagudem in the state of Andhra Pradesh.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Warangal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002012 for the Kothagudem branch of Axis Bank plays a vital 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 Kothagudem, Warangal, Andhra Pradesh, are given a unique IFSC like UTIB0002012 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Axis Bank in Kothagudem goes to the correct branch. This is important because Axis Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0002012

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kothagudem in Warangal.

For example, the IFSC Code UTIB0002012 of Axis Bank for the Kothagudem branch has these elements, identifying the bank and the branch location in Warangal and Andhra Pradesh correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0002012 of Axis Bank for its Kothagudem branch located in Warangal, 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 Warangal and Kothagudem, 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 Kothagudem or Warangal to find the exact IFSC Code UTIB0002012.

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 Warangal will provide accurate information.

How to Use IFSC Code UTIB0002012 for Online Transfers?

Once you have the IFSC Code UTIB0002012 for the Kothagudem branch of Axis Bank in Warangal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002012. 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 UTIB0002012.

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