IFSC Code of Axis Bank, Kangeyam, Kangeyam, Tamil Nadu- UTIB0001292

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 Kangeyam branch in Erode, Kangeyam, 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 Erode or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0001292. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Kangeyam, Erode

Here are some of the key details that come with the IFSC Code UTIB0001292 of Axis Bank for its branch located in Erode, within the district of Kangeyam in the state of Tamil Nadu.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Erode for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001292 for the Kangeyam 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Kangeyam, Erode, Tamil Nadu, is provided with a unique IFSC like UTIB0001292 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Erode.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Erode and Kangeyam.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Kangeyam do not get mixed with another location.

Format of the IFSC Code UTIB0001292

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 Kangeyam in Erode.

For example, the IFSC Code UTIB0001292 of Axis Bank for the Kangeyam branch has these elements, identifying the bank and the branch location in Erode and Tamil Nadu correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001292 of Axis Bank for its Kangeyam branch located in Erode, 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Erode and Kangeyam, print them 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 Kangeyam or Erode to get the exact IFSC Code UTIB0001292.

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 Erode, you'll get the correct details.

How to Use IFSC Code UTIB0001292 for Online Transfers?

Once you have the IFSC Code UTIB0001292 for the Kangeyam branch of Axis Bank in Erode, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001292. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0001292.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Kangeyam in Erode, it can 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 Kangeyam, 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 Erode manage online transfers as well as cheque clearances with ease.