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 By Pass Road, Madurai branch in Madurai, Madurai, 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 Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0001765. 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, By Pass Road, Madurai, Madurai
Here are the key points that are associated with the IFSC Code UTIB0001765 of Axis Bank for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001765 |
| Branch | By Pass Road, Madurai |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | Door No 9 D, By Pass Road, Madurai, Dist. Madurai, Tamilnadu, Pin 625010 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Madurai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001765 for the By Pass Road, Madurai branch of Axis Bank plays an 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 By Pass Road, Madurai, Madurai, Tamil Nadu, are allotted a unique IFSC like UTIB0001765 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madurai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Madurai and Madurai.
- 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 By Pass Road, Madurai reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code UTIB0001765
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 By Pass Road, Madurai in Madurai.
For example, the IFSC Code UTIB0001765 of Axis Bank for the By Pass Road, Madurai branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0001765 of Axis Bank for its By Pass Road, Madurai branch located in Madurai, 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 Madurai and Madurai, 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 By Pass Road, Madurai or Madurai to get the exact IFSC Code UTIB0001765.
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 Madurai, then it will provide you proper information.
How to Use IFSC Code UTIB0001765 for Online Transfers?
Once you have the IFSC Code UTIB0001765 for the By Pass Road, Madurai branch of Axis Bank in Madurai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001765. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0001765.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank By Pass Road, Madurai in Madurai, it can 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 By Pass Road, Madurai, 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 Madurai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001765.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Door No 9 D, By Pass Road, Madurai, Dist. Madurai, Tamilnadu, Pin 625010 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.