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 Thokkottu branch in Dakshin Kannad, Mangalore, Karnataka, 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 Dakshin Kannad or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0002670. 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, Thokkottu, Dakshin Kannad
Here are the key points that are associated with the IFSC Code UTIB0002670 of Axis Bank for its branch located in Dakshin Kannad, within the district of Mangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002670 |
| Branch | Thokkottu |
| City | Dakshin Kannad |
| District | Mangalore |
| State | Karnataka |
| Address | Reb Commercial Complex No 2 6 24 3 N No 2 6 24 4 Nh 17 Thokkottu Junction Thokkottu Pin 575017 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Dakshin Kannad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002670 for the Thokkottu branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Thokkottu, Dakshin Kannad, Karnataka, are allotted a unique IFSC like UTIB0002670 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dakshin Kannad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dakshin Kannad and Mangalore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Thokkottu reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code UTIB0002670
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Thokkottu in Dakshin Kannad.
For example, the IFSC Code UTIB0002670 of Axis Bank for the Thokkottu branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002670 of Axis Bank for its Thokkottu branch located in Dakshin Kannad, 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 Dakshin Kannad and Mangalore, 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 Thokkottu or Dakshin Kannad to get the exact IFSC Code UTIB0002670.
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 Dakshin Kannad, then it will provide you proper information.
How to Use IFSC Code UTIB0002670 for Online Transfers?
If you have the IFSC Code UTIB0002670 for the Thokkottu branch of Axis Bank in Dakshin Kannad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002670. 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 UTIB0002670.
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 Thokkottu in Dakshin Kannad, 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 Thokkottu, 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 Dakshin Kannad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Thokkottu Dakshin Kannad branch is UTIB0002670.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Reb Commercial Complex No 2 6 24 3 N No 2 6 24 4 Nh 17 Thokkottu Junction Thokkottu Pin 575017.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.