Home / Axis Bank / SUDHA COOP URBAN BANK LTD NAKREKAL
Ax

Axis Bank

SUDHA COOP URBAN BANK LTD NAKREKAL BRANCH

+918682252045

IFSC CODE
UTIB0SSUD03
MICR Code 505807002
Branch Code SSUD03
City / District NAKREKAL
State TELANGANA
Office Address 13652 NEAR PETROL BUNK MAIN ROAD NAKIREKAL PIN 508211
Phone +918682252045
📍 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 SUDHA COOP URBAN BANK LTD NAKREKAL branch of Axis Bank, the code UTIB0SSUD03 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 UTIB0SSUD03 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 SUDHA COOP URBAN BANK LTD NAKREKAL

Payment Systems Supported by UTIB0SSUD03

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—505807002—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 NAKREKAL typically follows the RBI holiday calendar. Digital transfers via UTIB0SSUD03 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 UTIB0SSUD03 is the valid code for SUDHA COOP URBAN BANK LTD NAKREKAL at NAKREKAL, 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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Branch Context

  • • SUDHA COOP URBAN BANK LTD NAKREKAL Contact
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  • • MICR Code Finder
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Platform Links

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

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