Axis Bank, THE MUDALAGI COOPERATIVE BANK LTD, BELGAUM Branch IFSC Code

The IFSC code UTIB0S01MCB is assigned to Axis Bank, THE MUDALAGI COOPERATIVE BANK LTD located in BELGAUM, KARNATAKA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Axis Bank
IFSC Code UTIB0S01MCB
MICR Code 590259251
Branch Code S01MCB
Branch THE MUDALAGI COOPERATIVE BANK LTD
City BELGAUM
District MUDALGI
State KARNATAKA
Address NEAR KAREMMA CIRCLE, 591312 Maps
Contact +918334251227

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

UTIB Bank Code
0 Reserved (0)
S01MCB Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

590 City Code
259 Bank Code
251 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code UTIB0S01MCB is the Indian Financial System Code assigned to Axis Bank, THE MUDALAGI COOPERATIVE BANK LTD branch in BELGAUM, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BELGAUM, MUDALGI, KARNATAKA. The full address is: NEAR KAREMMA CIRCLE, 591312

The branch code is S01MCB. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Axis Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 590259251. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: UTIB0S01MCB
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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