IFSC Code UTIB0004090 - Axis Bank-VENKAT NAGAR-Kakinada

Detail Information
IFSC Code UTIB0004090
Bank Name Axis Bank
Address ELEVATED GRND FLR BHAVANI SAROJA PALACE TS NO 2254 4 BLOCK NO 2 WARD NO 5 VENKATNAGAR KAKINADA EAST GODAVARI 533003
District East Godavari
State ANDHRA PRADESH
Branch Venkat nagar
Contact +918668469318
Centre Available
IMPS Available
UPI Available
MICR 533211006
RTGS 1
NEFT Not Available
ISO3166 IN-AP
Bankcode UTIB

Overview of UTIB0004090

The IFSC code UTIB0004090 is associated with the Kakinada VENKAT NAGAR Branch of Axis Bank. Located in the bustling city of Kakinada, ANDHRA PRADESH, this branch is one of the many Axis Bank branches that cater to the banking needs of the local residents. The code "UTIB" in UTIB0004090 represents Axis Bank Bank, while 0004090 signifies the unique branch code for VENKAT NAGAR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UTIB0004090, for the VENKAT NAGAR Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Kakinada. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into UTIB0004090

The IFSC code UTIB0004090 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Axis Bank in Kakinada. Let's break down the details:

  • IFSC Code (UTIB0004090): This unique code is essential for electronic fund transfers. The first four characters "UTIB" represent the bank's name, Axis Bank. The last six characters "0004090" are a unique identifier for the VENKAT NAGAR branch.
  • Bank Name (Axis Bank): One of [country]'s leading banks, Axis Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (ELEVATED GRND FLR BHAVANI SAROJA PALACE TS NO 2254 4 BLOCK NO 2 WARD NO 5 VENKATNAGAR KAKINADA EAST GODAVARI 533003): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Kakinada, ANDHRA PRADESH): The branch is situated in the heart of Kakinada, the capital city of ANDHRA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (VENKAT NAGAR): The [AREA_NAME] area in Kakinada is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
  • Phone Number (+918668469318): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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