The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Kunnamangalam branch in Calicut, Kunnamangalam, Kerala, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Calicut or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UTIB0004523. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Kunnamangalam, Calicut
The table below shows the main details of the IFSC Code UTIB0004523 for the Axis Bank branch in Calicut, which falls under the Kunnamangalam district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004523 |
| Branch | Kunnamangalam |
| City | Calicut |
| District | Kunnamangalam |
| State | Kerala |
| Address | Axis Abnk Ltd Minar Complex Wayanad Calicut Road Kunnamangalam, Calicut Kerala |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Calicut for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004523 for the Kunnamangalam branch of Axis Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Kunnamangalam, Calicut, Kerala, are allotted a unique IFSC like UTIB0004523 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Calicut.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Calicut and Kunnamangalam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Kunnamangalam reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code UTIB0004523
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kunnamangalam in Calicut.
For example, the IFSC Code UTIB0004523 of Axis Bank for the Kunnamangalam branch includes these elements, identifying the bank and the branch location in Calicut and Kerala accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004523 of Axis Bank for its Kunnamangalam branch located in Calicut, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Calicut and Kunnamangalam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Kunnamangalam or Calicut to get the exact IFSC Code UTIB0004523.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Calicut that will provide accurate information.
How to Use IFSC Code UTIB0004523 for Online Transfers?
Once you have the IFSC Code UTIB0004523 for the Kunnamangalam branch of Axis Bank in Calicut, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004523. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0004523.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Kunnamangalam in Calicut, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Kunnamangalam, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Calicut to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004523.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Axis Abnk Ltd Minar Complex Wayanad Calicut Road Kunnamangalam, Calicut Kerala located in Calicut, Kunnamangalam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
