The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Coimbatore branch in Coimbotore, Coimbatore, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Coimbotore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0000090. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Coimbatore, Coimbotore
Here are some of the key details that come with the IFSC Code UTIB0000090 of Axis Bank for its branch located in Coimbotore, within the district of Coimbatore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000090 |
| Branch | Coimbatore |
| City | Coimbotore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | Vigneshwar Cresta, No 1095 Avinashi Road,Pappanaickan Palayam |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Coimbotore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000090 for the Coimbatore branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Coimbatore, Coimbotore, Tamil Nadu, is provided a unique IFSC like UTIB0000090 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Coimbotore.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Coimbotore and Coimbatore.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Coimbatore do not get misguided to another person.
Format of the IFSC Code UTIB0000090
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Coimbatore in Coimbotore.
For example, the IFSC Code UTIB0000090 of Axis Bank for the Coimbatore branch has these elements, identifying the bank and the branch location in Coimbotore and Tamil Nadu correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000090 of Axis Bank for its Coimbatore branch located in Coimbotore, 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 Coimbotore and Coimbatore, 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 Coimbatore or Coimbotore to get the exact IFSC Code UTIB0000090.
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 Coimbotore, then it will provide you proper information.
How to Use IFSC Code UTIB0000090 for Online Transfers?
If you have the IFSC Code UTIB0000090 for the Coimbatore branch of Axis Bank in Coimbotore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000090. 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 UTIB0000090.
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 Coimbatore in Coimbotore, 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 Coimbatore, 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 Coimbotore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000090.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vigneshwar Cresta, No 1095 Avinashi Road,Pappanaickan Palayam located in Coimbotore, Coimbatore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.