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 Padavinangady Mangalore branch in Dakshin Kannada, 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 Kannada or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UTIB0004582. 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, Padavinangady Mangalore, Dakshin Kannada
Below in the table are the key details related to IFSC Code UTIB0004582 of Axis Bank for its branch located in Dakshin Kannada, within the district of Mangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004582 |
| Branch | Padavinangady Mangalore |
| City | Dakshin Kannada |
| District | Mangalore |
| State | Karnataka |
| Address | Shakti Sanvi Plaza, Opp Corporation Bank, Mary Hills, Padavinangady, Mangalore, Karnataka |
These details help users in online banking and for businesses and individuals who use Axis Bank in Dakshin Kannada for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004582 for the Padavinangady Mangalore branch of Axis Bank has a very 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 Padavinangady Mangalore, Dakshin Kannada, Karnataka, are given a unique IFSC like UTIB0004582 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 Kannada.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Dakshin Kannada 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 helps ensure that any money sent to Axis Bank in Padavinangady Mangalore goes to the correct branch. This is important because Axis Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0004582
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 Padavinangady Mangalore in Dakshin Kannada.
For example, the IFSC Code UTIB0004582 of Axis Bank for the Padavinangady Mangalore branch has these elements, identifying the bank and the branch location in Dakshin Kannada and Karnataka correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004582 of Axis Bank for its Padavinangady Mangalore branch located in Dakshin Kannada, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Dakshin Kannada and Mangalore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Padavinangady Mangalore or Dakshin Kannada to find the exact IFSC Code UTIB0004582.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Dakshin Kannada will provide accurate information.
How to Use IFSC Code UTIB0004582 for Online Transfers?
Once you have the IFSC Code UTIB0004582 for the Padavinangady Mangalore branch of Axis Bank in Dakshin Kannada, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004582. 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 UTIB0004582.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Padavinangady Mangalore in Dakshin Kannada, your payment can get delayed or might not go through at all.
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 Padavinangady Mangalore, 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 Kannada manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Padavinangady Mangalore Dakshin Kannada branch is UTIB0004582.
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 Shakti Sanvi Plaza, Opp Corporation Bank, Mary Hills, Padavinangady, Mangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.