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 Mahindra World City branch in Chengalpattu, Chennai, Tamil Nadu, 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 Chengalpattu or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UTIB0004765. 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, Mahindra World City, Chengalpattu
Below in the table are the key details related to IFSC Code UTIB0004765 of Axis Bank for its branch located in Chengalpattu, within the district of Chennai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004765 |
| Branch | Mahindra World City |
| City | Chengalpattu |
| District | Chennai |
| State | Tamil Nadu |
| Address | The Canopy, Mahindra World City,Veerapuram Village, Chengelpet |
These details help users in online banking and for businesses and individuals who use Axis Bank in Chengalpattu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004765 for the Mahindra World City 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 UTIB0004765 is given to every bank branch, including Axis Bank located in Mahindra World City, Chengalpattu, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Chengalpattu.
- 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 Chengalpattu and Chennai.
- 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Mahindra World City doesn't end up at another location.
Format of the IFSC Code UTIB0004765
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 Mahindra World City in Chengalpattu.
For example, the IFSC Code UTIB0004765 of Axis Bank for the Mahindra World City branch includes these elements, identifying the bank and the branch location in Chengalpattu and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004765 of Axis Bank for its Mahindra World City branch located in Chengalpattu, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Chengalpattu and Chennai, print them on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Mahindra World City or Chengalpattu to get the exact IFSC Code UTIB0004765.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Axis Bank and Chengalpattu, you'll get the correct details.
How to Use IFSC Code UTIB0004765 for Online Transfers?
Once you have the IFSC Code UTIB0004765 for the Mahindra World City branch of Axis Bank in Chengalpattu, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004765. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0004765.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Mahindra World City in Chengalpattu, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Mahindra World City, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Chengalpattu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004765.
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 The Canopy, Mahindra World City,Veerapuram Village, Chengelpet located in Chengalpattu, Chennai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.