There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Thalassery, Kerala branch in Cannur, Thalassery, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Cannur or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code UTIB0000892. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Thalassery, Kerala, Cannur
Here are the main details that are associated with the IFSC Code UTIB0000892 of Axis Bank for its branch located in Cannur, within the district of Thalassery in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000892 |
| Branch | Thalassery, Kerala |
| City | Cannur |
| District | Thalassery |
| State | Kerala |
| Address | No.44/2378/G, Ground Floor, Pilakkandy Arcade , B Block, A V K Nair Road, Thalassery, Kerala, Pin 670101 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Cannur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000892 for the Thalassery, Kerala branch of Axis Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000892 is given to every bank branch, including Axis Bank located in Thalassery, Kerala, Cannur, Kerala, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Cannur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Cannur and Thalassery.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Thalassery, Kerala doesn't end up at another location.
Format of the IFSC Code UTIB0000892
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Thalassery, Kerala in Cannur.
For example, the IFSC Code UTIB0000892 of Axis Bank for the Thalassery, Kerala branch includes these elements, identifying the bank and the branch location in Cannur and Kerala accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000892 of Axis Bank for its Thalassery, Kerala branch located in Cannur, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Cannur and Thalassery, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Thalassery, Kerala or Cannur to get the exact IFSC Code UTIB0000892.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Cannur, then it will provide you proper information.
How to Use IFSC Code UTIB0000892 for Online Transfers?
If you have the IFSC Code UTIB0000892 for the Thalassery, Kerala branch of Axis Bank in Cannur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000892. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0000892.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Thalassery, Kerala in Cannur, it may 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 Thalassery, Kerala, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Cannur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000892.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No.44/2378/G, Ground Floor, Pilakkandy Arcade , B Block, A V K Nair Road, Thalassery, Kerala, Pin 670101 located in Cannur, Thalassery, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.