IFSC Code of Axis Bank, Old Washermanpet, Tamil Nadu, Chennai, Tamil Nadu- UTIB0000622

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 Old Washermanpet, Tamil Nadu branch in Chennai, 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 Chennai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UTIB0000622. 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, Old Washermanpet, Tamil Nadu, Chennai

Below in the table are the key details related to IFSC Code UTIB0000622 of Axis Bank for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Chennai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000622 for the Old Washermanpet, Tamil Nadu 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000622 is given to every bank branch, including Axis Bank located in Old Washermanpet, Tamil Nadu, Chennai, 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 Chennai.
• 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 Chennai 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 Old Washermanpet, Tamil Nadu doesn't end up at another location.

Format of the IFSC Code UTIB0000622

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 Old Washermanpet, Tamil Nadu in Chennai.

For example, the IFSC Code UTIB0000622 of Axis Bank for the Old Washermanpet, Tamil Nadu branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0000622 of Axis Bank for its Old Washermanpet, Tamil Nadu branch located in Chennai, 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 Chennai and Chennai, 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 Old Washermanpet, Tamil Nadu or Chennai to get the exact IFSC Code UTIB0000622.

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 Chennai, then it will provide you proper information.

How to Use IFSC Code UTIB0000622 for Online Transfers?

Once you have the IFSC Code UTIB0000622 for the Old Washermanpet, Tamil Nadu branch of Axis Bank in Chennai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000622. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0000622.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Old Washermanpet, Tamil Nadu in Chennai, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Old Washermanpet, Tamil Nadu, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Chennai manage their online transfers and cheque clearances easily.