UTIBBranch Code: 004423

Axis Bank Korutla Branch IFSC Code: UTIB0004423

Branch Code: 004423 | JAGTIAL, JAGTIAL, TELANGANA

Primary IFSC Code

UTIB0004423

Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for Axis Bank, Korutla branch in JAGTIAL, TELANGANA is UTIB0004423. The MICR code for cheque clearance is 505211005.

Branch Fact Sheet & Electronic Routing Details

Bank Name: Axis Bank
Branch Name: KORUTLA
MICR Code: 505211005
City / District: JAGTIAL (JAGTIAL)
State: TELANGANA
Postal Pincode: 505326

Full Branch Address

GROUND FLOOR, NO. 5 3 145 1 1 1, NH63, KORUTLA 505326, Pincode: 505326

Contact & Customer Care

Phone: +918725252111

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How to Read IFSC Code: UTIB0004423

An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.

UTIBBank Identifier

First 4 alphabetic characters identify Axis Bank.

0Control Character

5th character is always numeral '0', reserved for future use.

004423Branch Code

Last 6 alphanumeric characters identify the specific physical branch.

Payment Systems Supported by this IFSC Code

Payment System	Settlement Time	Minimum Amount	Availability	Ideal For
NEFT (National Electronic Funds Transfer)	Half-hourly batches	₹1 (No minimum)	24x7x365	Routine bills, small & medium transactions
RTGS (Real Time Gross Settlement)	Real-time instant	₹2,00,000	24x7x365	High-value urgent financial transfers
IMPS (Immediate Payment Service)	Immediate	₹1 (Max ₹5 Lakh)	24x7x365	Instant mobile banking & emergency transfers

Both NEFT and RTGS operate 24x7 in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.

Read Complete NEFT vs RTGS vs IMPS Guide →

Frequently Asked Questions: Axis Bank (UTIB0004423)

Which bank does IFSC Code UTIB0004423 belong to?

IFSC Code UTIB0004423 belongs to Axis Bank for its KORUTLA branch, located in JAGTIAL, TELANGANA. The 4-letter prefix 'UTIB' represents Axis Bank.

What is the IFSC Code for Axis Bank KORUTLA branch?

The IFSC Code for Axis Bank KORUTLA branch in JAGTIAL, TELANGANA is UTIB0004423. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of Axis Bank KORUTLA branch?

The branch is located at: GROUND FLOOR, NO. 5 3 145 1 1 1, NH63, KORUTLA 505326, Pincode: 505326, JAGTIAL, TELANGANA.

What is the MICR Code for Axis Bank KORUTLA?

The MICR Code for electronic cheque clearing at Axis Bank KORUTLA is 505211005.

How can I contact Axis Bank KORUTLA branch?

You can contact the branch at: Phone: +918725252111. For official national customer care, refer to Axis Bank's official banking channels.

How to decipher the IFSC code UTIB0004423?

The first 4 characters 'UTIB' represent Axis Bank. The 5th character is '0' reserved for future use. The last 6 characters '004423' represent the specific KORUTLA branch code.