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 Gandhipuram branch in Coimbatore, Gandhipuram, 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 Coimbatore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UTIB0002325. 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, Gandhipuram, Coimbatore
Here are some of the key details that come with the IFSC Code UTIB0002325 of Axis Bank for its branch located in Coimbatore, within the district of Gandhipuram in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002325 |
| Branch | Gandhipuram |
| City | Coimbatore |
| District | Gandhipuram |
| State | Tamil Nadu |
| Address | No.09, Tatabad, 10Th Street, Gandhipuram, Coimbatore, Dist.Coimbatore, Tamil Nadu, Pin 641012 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002325 for the Gandhipuram 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 UTIB0002325 is given to every bank branch, including Axis Bank located in Gandhipuram, Coimbatore, 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 Coimbatore.
- 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 Coimbatore and Gandhipuram.
- 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 Gandhipuram doesn't end up at another location.
Format of the IFSC Code UTIB0002325
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 Gandhipuram in Coimbatore.
For example, the IFSC Code UTIB0002325 of Axis Bank for the Gandhipuram branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002325 of Axis Bank for its Gandhipuram branch located in Coimbatore, 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 Coimbatore and Gandhipuram, 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 Gandhipuram or Coimbatore to get the exact IFSC Code UTIB0002325.
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 Coimbatore, you'll get the correct details.
How to Use IFSC Code UTIB0002325 for Online Transfers?
Once you have the IFSC Code UTIB0002325 for the Gandhipuram branch of Axis Bank in Coimbatore, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002325. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002325.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Gandhipuram in Coimbatore 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 Gandhipuram, 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 Coimbatore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002325.
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.09, Tatabad, 10Th Street, Gandhipuram, Coimbatore, Dist.Coimbatore, Tamil Nadu, Pin 641012 located in Coimbatore, Gandhipuram, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.