Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Sholing Anallur branch in Kancheepuram, Sholing Anallur, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Kancheepuram or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0003002. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sholing Anallur, Kancheepuram
Here are the key points that are associated with the IFSC Code UTIB0003002 of Axis Bank for its branch located in Kancheepuram, within the district of Sholing Anallur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003002 |
| Branch | Sholing Anallur |
| City | Kancheepuram |
| District | Sholing Anallur |
| State | Tamil Nadu |
| Address | No 132 Medavakkam Road Sholing Anallur |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Kancheepuram for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003002 for the Sholing Anallur 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0003002 is given to every bank branch, including Axis Bank located in Sholing Anallur, Kancheepuram, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Kancheepuram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Kancheepuram and Sholing Anallur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sholing Anallur doesn't end up at another location.
Format of the IFSC Code UTIB0003002
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): 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 Sholing Anallur in Kancheepuram.
For example, the IFSC Code UTIB0003002 of Axis Bank for the Sholing Anallur branch includes these elements, identifying the bank and the branch location in Kancheepuram and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003002 of Axis Bank for its Sholing Anallur branch located in Kancheepuram, 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 Kancheepuram and Sholing Anallur, 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 Sholing Anallur or Kancheepuram to get the exact IFSC Code UTIB0003002.
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 Kancheepuram, you'll get the correct details.
How to Use IFSC Code UTIB0003002 for Online Transfers?
Once you have the IFSC Code UTIB0003002 for the Sholing Anallur branch of Axis Bank in Kancheepuram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003002. 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 UTIB0003002.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sholing Anallur in Kancheepuram, your payment can get delayed or might not go through at all.
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 Sholing Anallur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kancheepuram manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003002.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No 132 Medavakkam Road Sholing Anallur located in Kancheepuram, Sholing Anallur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.