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Ax

Axis Bank

KAZIPET BRANCH

+918008960666

IFSC CODE
UTIB0003307
MICR Code 506211004
Branch Code 003307
City / District KAZIPET
State TELANGANA
Office Address NEW NO 560 OLD NO561 BANK COLONY SUBEDHAR MAIN ROAD NANAMKONDA WARANGAL PIN 506 001
Phone +918008960666
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Axis Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the KAZIPET branch of Axis Bank, the code UTIB0003307 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the UTIB0003307 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"UTIB" represents Axis Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for KAZIPET

Payment Systems Supported by UTIB0003307

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—506211004—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Axis Bank in KAZIPET typically follows the RBI holiday calendar. Digital transfers via UTIB0003307 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While UTIB0003307 is the valid code for KAZIPET at KAZIPET, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • KAZIPET Contact
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Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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