Axis Bank IFSC Code in Hyderabad, Andhra Pradesh

The Hyderabad branch of Axis Bank is located in Hyderabad, Andhra Pradesh. Here are the essential details regarding its IFSC and MICR codes, along with the bank's address and contact information.

• Bank: Axis Bank
• IFSC: UTIB0000008
• MICR Code: 500211002
• Branch Code: 000008
• Branch: Hyderabad
• City: Hyderabad
• District: Hyderabad Urban
• State: Andhra Pradesh
• Address: 6-3-879/b First Floor, G Pulla Reddy Bl Greenlands, Begumpet Road
• Phone No: Not Available

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7. Marredpally
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The Reserve Bank of India (RBI) assigns the IFSC code to every bank and its branches. This code is typically found on the bank account passbook, a cheque leaf issued by the bank, or accessible through the RBI website. An accurate IFSC is critical for any funds transfer via bank methods like NEFT, RTGS, and IMPS.

Steps to Find IFSC Code:

• Check your bank's cheque leaf or bank passbook.
• Refer to the list of IFSC codes available on the RBI's official website.
• Use the bank's official portal to locate the IFSC code.

Significance of IFSC Code:

• Enables various fund transfers such as NEFT, RTGS, and IMPS.

Understanding the IFSC Code Format:

The IFSC code comprises an 11-character alphanumeric code following a specific format. The initial four characters denote the bank's name, and the last six characters indicate the bank branch. The fifth character, typically a '0', is reserved for future utilization. The IFSC format is as follows:

 1 2 3 4 5 6 7 8 9 10 11 Bank Code 0 Branch Code 

Locating the MICR Code:

• Examine the cheque leaf or bank passbook.
• Visit the bank's dedicated website for the MICR code.

For online transactions like joining the Unified Payments Interface (UPI), understanding codes such as RTGS (Real-Time Gross Settlement), NEFT (National Electronic Funds Transfer), and IMPS (Immediate Payment Service) can streamline and facilitate banking processes.