IFSC Code of Axis Bank, Kottarakara, Kottarakara, Kerala- UTIB0001460

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 Kottarakara branch in Kollam, Kottarakara, Kerala, 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 Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UTIB0001460. 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, Kottarakara, Kollam

Here are some of the key details that come with the IFSC Code UTIB0001460 of Axis Bank for its branch located in Kollam, within the district of Kottarakara in the state of Kerala.

These details help 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 UTIB0001460 for the Kottarakara 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, including Axis Bank located in Kottarakara, Kollam, Kerala, is provided with a unique IFSC like UTIB0001460 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Kollam.
• 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 Kollam and Kottarakara.
• 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Kottarakara do not get mixed with another location.

Format of the IFSC Code UTIB0001460

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 Kottarakara in Kollam.

For example, the IFSC Code UTIB0001460 of Axis Bank for the Kottarakara branch has 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 UTIB0001460 of Axis Bank for its 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 Kottarakara, 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 Kottarakara or Kollam to find the exact IFSC Code UTIB0001460.

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 UTIB0001460 for Online Transfers?

If you have the IFSC Code UTIB0001460 for the Kottarakara branch of Axis Bank in Kollam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001460. 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 UTIB0001460.

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 Kottarakara in Kollam, it 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 Kottarakara, 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 Kollam to handle online money transfers and get their cheques cleared smoothly.