For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Udumalaipettai branch in Coimbatore, Udumalpet, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0002696. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Udumalaipettai, Coimbatore

Below in the table are the key details related to IFSC Code UTIB0002696 of Axis Bank for its branch located in Coimbatore, within the district of Udumalpet in the state of Tamil Nadu.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0002696
Branch Udumalaipettai
City Coimbatore
District Udumalpet
State Tamil Nadu
Address Bsnl Microwave Building Palani Road N H 219

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Coimbatore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0002696 for the Udumalaipettai branch of Axis Bank is vital.

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 UTIB0002696 is given to every bank branch, including Axis Bank located in Udumalaipettai, 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 Udumalpet.
  • 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 Udumalaipettai doesn't end up at another location.

Format of the IFSC Code UTIB0002696

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 Udumalaipettai in Coimbatore.

For example, the IFSC Code UTIB0002696 of Axis Bank for the Udumalaipettai 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 UTIB0002696 of Axis Bank for its Udumalaipettai 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

Most banks, including Axis Bank branches in Coimbatore and Udumalpet, print the IFSC and MICR codes 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 Udumalaipettai or Coimbatore to get the exact IFSC Code UTIB0002696.

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 UTIB0002696 for Online Transfers?

If you have the IFSC Code UTIB0002696 for the Udumalaipettai branch of Axis Bank in Coimbatore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002696. 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 UTIB0002696.

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 Udumalaipettai in Coimbatore, it may result in delayed or failed transactions.

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 Udumalaipettai, 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 Coimbatore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Udumalaipettai, Coimbatore?

The IFSC Code is UTIB0002696.

Is the IFSC Code UTIB0002696 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Udumalaipettai?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Udumalaipettai branch?

The address of the branch is Bsnl Microwave Building Palani Road N H 219 located in Coimbatore, Udumalpet, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.