Use this page as a one-stop reference for everything related to Axis Bank's VISL EMPLOYEES CO OPERATIVE BANK branch in BHADRAVATHI NEW TOWN, KARNATAKA. The branch's IFSC code UTIB0SVSL01 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Axis Bank – VISL EMPLOYEES CO OPERATIVE BANK is UTIB0SVSL01. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters SVSL01 map to this branch in BHADRAVATHI NEW TOWN, KARNATAKA.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Visl Employees Co Operative Bank |
| IFSC Code | UTIB0SVSL01 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UMBLEBYLE ROAD NEWTOWN BHADRAVATHI 577301 |
| City | Bhadravathi New Town |
| District | Shimoga |
| State | Karnataka |
| STD Code | 8282 |
| Phone | 274675 |
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Visl Employees Co Operative Bank branch in Bhadravathi New Town. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0SVSL01.
About the Visl Employees Co Operative Bank branch
The Visl Employees Co Operative Bank branch of Axis Bank is situated at UMBLEBYLE ROAD NEWTOWN BHADRAVATHI 577301. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0SVSL01 is used.
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including VISL EMPLOYEES CO OPERATIVE BANK of Axis Bank — its own 11-character IFSC. The code UTIB0SVSL01 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0SVSL01 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC UTIB0SVSL01
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0SVSL01 across all three.
NEFT to Axis Bank, VISL EMPLOYEES CO OPERATIVE BANK using IFSC UTIB0SVSL01
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0SVSL01, and confirm that the system picks up Axis Bank – VISL EMPLOYEES CO OPERATIVE BANK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to VISL EMPLOYEES CO OPERATIVE BANK
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's VISL EMPLOYEES CO OPERATIVE BANK branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0SVSL01 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank VISL EMPLOYEES CO OPERATIVE BANK (IFSC UTIB0SVSL01)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0SVSL01 in your mobile or internet banking app, and the money is credited to the VISL EMPLOYEES CO OPERATIVE BANK branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0SVSL01 for Axis Bank – VISL EMPLOYEES CO OPERATIVE BANK, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0SVSL01 | Yes – UTIB0SVSL01 | Yes – UTIB0SVSL01 |
For most retail customers crediting the Visl Employees Co Operative Bank branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC UTIB0SVSL01
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – VISL EMPLOYEES CO OPERATIVE BANK is still mapped to IFSC UTIB0SVSL01. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0SVSL01 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Visl Employees Co Operative Bank branch is mapped to IFSC UTIB0SVSL01 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0SVSL01.
Products and services
Customers walking into the Visl Employees Co Operative Bank branch can access most of Axis Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UTIB0SVSL01
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0SVSL01 and the account number together uniquely identify the Visl Employees Co Operative Bank branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Visl Employees Co Operative Bank branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UTIB0SVSL01 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC UTIB0SVSL01
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – VISL EMPLOYEES CO OPERATIVE BANK, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0SVSL01. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Visl Employees Co Operative Bank branch sits at UMBLEBYLE ROAD NEWTOWN BHADRAVATHI 577301. If you are travelling from outside Bhadravathi New Town, search for the branch on a maps application using the bank name and locality, or call 8282-274675 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UTIB0SVSL01 and your account number.
Verifying IFSC UTIB0SVSL01 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0SVSL01 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 8282-274675.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Visl Employees Co Operative Bank branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0SVSL01, however, work 24x7.
Branch address & contact
Axis BankVisl Employees Co Operative Bank Branch
UMBLEBYLE ROAD NEWTOWN BHADRAVATHI 577301
Bhadravathi New Town, Karnataka
Phone: 8282-274675
IFSC: UTIB0SVSL01
Frequently asked questions
Where is Axis Bank Visl Employees Co Operative Bank branch located?
Axis Bank's Visl Employees Co Operative Bank branch is located at UMBLEBYLE ROAD NEWTOWN BHADRAVATHI 577301, Bhadravathi New Town, Karnataka.
Is IFSC UTIB0SVSL01 the same for all accounts at Visl Employees Co Operative Bank branch?
Yes. The IFSC UTIB0SVSL01 is shared by every account held at Axis Bank's Visl Employees Co Operative Bank branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using UTIB0SVSL01 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Visl Employees Co Operative Bank reflect within 30 minutes.
What is the IFSC code of Axis Bank Visl Employees Co Operative Bank branch?
The IFSC code of Axis Bank, Visl Employees Co Operative Bank branch is UTIB0SVSL01. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Visl Employees Co Operative Bank branch but serve different purposes.
Does Axis Bank Visl Employees Co Operative Bank branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8282-274675 to confirm.
What is the phone number of Axis Bank Visl Employees Co Operative Bank branch?
You can reach the branch at 8282-274675 during regular banking hours.
How do I add Axis Bank Visl Employees Co Operative Bank as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0SVSL01, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code UTIB0SVSL01 belongs to Axis Bank's VISL EMPLOYEES CO OPERATIVE BANK branch, located at UMBLEBYLE ROAD NEWTOWN BHADRAVATHI 577301 in BHADRAVATHI NEW TOWN, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
