IFSC Code of Axis Bank, Moolapalayam, Erode, Tamil Nadu- UTIB0004893

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 Moolapalayam branch in Erode, Erode, 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 UTIB0004893. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Moolapalayam, Erode

Here are some of the key details that come with the IFSC Code UTIB0004893 of Axis Bank for its branch located in Erode, within the district of Erode in the state of Tamil Nadu.

These details help users in online banking and for businesses and individuals who use Axis Bank in Erode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004893 for the Moolapalayam 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 Moolapalayam, Erode, Tamil Nadu, are allotted a unique IFSC like UTIB0004893 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Erode.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Erode and Erode.
• 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 Moolapalayam reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code UTIB0004893

The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Moolapalayam in Erode.

For example, the IFSC Code UTIB0004893 of Axis Bank for the Moolapalayam branch includes 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 UTIB0004893 of Axis Bank for its Moolapalayam 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 Erode, 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 Moolapalayam or Erode to get the exact IFSC Code UTIB0004893.

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 UTIB0004893 for Online Transfers?

Once you have the IFSC Code UTIB0004893 for the Moolapalayam branch of Axis Bank in Erode, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004893. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0004893.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Moolapalayam in Erode may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Moolapalayam, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Erode to handle online money transfers and get their cheques cleared smoothly.