IFSC Code of Axis Bank, Cooperative Urban Bank, Kottarakara, Kottarakkara, Kerala- UTIB0CUBK97

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 Cooperative Urban Bank, Kottarakara branch in Kollam, Kottarakkara, Kerala, 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 Kollam or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code UTIB0CUBK97. 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, Cooperative Urban Bank, Kottarakara, Kollam

Here are the key points that are associated with the IFSC Code UTIB0CUBK97 of Axis Bank for its branch located in Kollam, within the district of Kottarakkara in the state of Kerala.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Kollam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0CUBK97 for the Cooperative Urban Bank, Kottarakara branch of Axis Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Cooperative Urban Bank, Kottarakara, Kollam, Kerala, is provided a unique IFSC like UTIB0CUBK97 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Kollam.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Kollam and Kottarakkara.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Kerala and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Cooperative Urban Bank, Kottarakara do not get misguided to another person.

Format of the IFSC Code UTIB0CUBK97

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 Cooperative Urban Bank, Kottarakara in Kollam.

For example, the IFSC Code UTIB0CUBK97 of Axis Bank for the Cooperative Urban Bank, Kottarakara branch includes these elements, identifying the bank and the branch location in Kollam and Kerala correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0CUBK97 of Axis Bank for its Cooperative Urban Bank, Kottarakara branch located in Kollam, 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 Kollam and Kottarakkara, 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 Cooperative Urban Bank, Kottarakara or Kollam to find the exact IFSC Code UTIB0CUBK97.

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 Kollam will provide accurate information.

How to Use IFSC Code UTIB0CUBK97 for Online Transfers?

Once you have the IFSC Code UTIB0CUBK97 for the Cooperative Urban Bank, Kottarakara branch of Axis Bank in Kollam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0CUBK97. 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 UTIB0CUBK97.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Cooperative Urban Bank, Kottarakara in Kollam, 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 Cooperative Urban Bank, Kottarakara, 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 Kollam manage online transfers as well as cheque clearances with ease.