Axis Bank KORUTLA Branch IFSC Code
UTIB 0004423
KORUTLA — JAGTIAL, TELANGANA
MICR: 505211005
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Axis Bank
- Branch
- KORUTLA
- IFSC Code
- UTIB0004423
- MICR Code
- 505211005
- City
- JAGTIAL
- District
- JAGTIAL
- State
- TELANGANA
- Contact
- +918725252111
How to Use This IFSC Code
NEFT Transfer
Use IFSC code UTIB0004423 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code UTIB0004423.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code UTIB0004423.
IFSC Code Structure
U
T
I
B
0
0
0
4
4
2
3
- UTIB — Bank code (Axis Bank)
- 0 — Reserved (always 0)
- 004423 — Branch code (KORUTLA)
Frequently Asked Questions
Is UTIB0004423 valid for online transfer?
Yes, UTIB0004423 is a valid IFSC code for Axis Bank KORUTLA branch in JAGTIAL, TELANGANA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does UTIB0004423 belong to?
UTIB0004423 belongs to Axis Bank. The first 4 characters "UTIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Axis Bank KORUTLA is 505211005. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using UTIB0004423?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.