IFSC Code of Axis Bank, Vaikom, Kottayam, Kerala- UTIB0003946

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Vaikom branch in Kottayam, Kottayam, Kerala, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Kottayam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UTIB0003946. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Vaikom, Kottayam

Below in the table are the key details related to IFSC Code UTIB0003946 of Axis Bank for its branch located in Kottayam, within the district of Kottayam in the state of Kerala.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Kottayam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003946 for the Vaikom 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 Vaikom, Kottayam, Kerala, is provided a unique IFSC like UTIB0003946 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Kottayam.
• 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 Kottayam and Kottayam.
• 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 Vaikom do not get misguided to another person.

Format of the IFSC Code UTIB0003946

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Vaikom in Kottayam.

For example, the IFSC Code UTIB0003946 of Axis Bank for the Vaikom branch includes these elements, identifying the bank and the branch location in Kottayam and Kerala accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003946 of Axis Bank for its Vaikom branch located in Kottayam, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Kottayam and Kottayam, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Vaikom or Kottayam to get the exact IFSC Code UTIB0003946.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Kottayam, then it will provide you proper information.

How to Use IFSC Code UTIB0003946 for Online Transfers?

Once you have the IFSC Code UTIB0003946 for the Vaikom branch of Axis Bank in Kottayam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003946. 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 UTIB0003946.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Vaikom in Kottayam, 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 Vaikom, 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 Kottayam to handle online money transfers and get their cheques cleared smoothly.