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 The Puttur Co Operative Town Bank Ltd branch in Dakshina Kannada, Puttur, Karnataka, 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 Dakshina Kannada or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UTIB000PCTB. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, The Puttur Co Operative Town Bank Ltd, Dakshina Kannada

Here are the key points that are associated with the IFSC Code UTIB000PCTB of Axis Bank for its branch located in Dakshina Kannada, within the district of Puttur in the state of Karnataka.

Particulars Details
Bank Axis Bank
IFSC Code UTIB000PCTB
Branch The Puttur Co Operative Town Bank Ltd
City Dakshina Kannada
District Puttur
State Karnataka
Address No 181 Cooperative Bulidings Near Molahalli Shivaraya Circle Puttur

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Dakshina Kannada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB000PCTB for the The Puttur Co Operative Town Bank Ltd 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 The Puttur Co Operative Town Bank Ltd, Dakshina Kannada, Karnataka, are given a unique IFSC like UTIB000PCTB to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dakshina 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 Dakshina Kannada and Puttur.
  • 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 The Puttur Co Operative Town Bank Ltd 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 UTIB000PCTB

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as The Puttur Co Operative Town Bank Ltd in Dakshina Kannada.

For example, the IFSC Code UTIB000PCTB of Axis Bank for the The Puttur Co Operative Town Bank Ltd branch includes these elements, identifying the bank and the branch location in Dakshina Kannada and Karnataka accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB000PCTB of Axis Bank for its The Puttur Co Operative Town Bank Ltd branch located in Dakshina Kannada, 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 Dakshina Kannada and Puttur, 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 The Puttur Co Operative Town Bank Ltd or Dakshina Kannada to get the exact IFSC Code UTIB000PCTB.

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 Dakshina Kannada, you'll get the correct details.

How to Use IFSC Code UTIB000PCTB for Online Transfers?

If you have the IFSC Code UTIB000PCTB for the The Puttur Co Operative Town Bank Ltd branch of Axis Bank in Dakshina Kannada, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB000PCTB. 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 UTIB000PCTB.

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 The Puttur Co Operative Town Bank Ltd in Dakshina Kannada, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in The Puttur Co Operative Town Bank Ltd, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Dakshina Kannada manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in The Puttur Co Operative Town Bank Ltd, Dakshina Kannada?

The IFSC Code is UTIB000PCTB.

Is the IFSC Code UTIB000PCTB permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank The Puttur Co Operative Town Bank Ltd?

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

What is the full address of the The Puttur Co Operative Town Bank Ltd branch?

The address of the branch is No 181 Cooperative Bulidings Near Molahalli Shivaraya Circle Puttur located in Dakshina Kannada, Puttur, Karnataka.

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.

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