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 Chemmad branch in Malappuram, Chemmad, 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 Malappuram or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code UTIB0004198. 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, Chemmad, Malappuram
Below in the table are the key details related to IFSC Code UTIB0004198 of Axis Bank for its branch located in Malappuram, within the district of Chemmad in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004198 |
| Branch | Chemmad |
| City | Malappuram |
| District | Chemmad |
| State | Kerala |
| Address | Door No V31 Pk Tower Parappanangadi Malappuram Rd Chemmad Tirurangadi Po Malappuram 676306 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Malappuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004198 for the Chemmad branch of Axis Bank plays a vital 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 Chemmad, Malappuram, Kerala, are allotted a unique IFSC like UTIB0004198 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Malappuram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Malappuram and Chemmad.
- 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 Chemmad reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code UTIB0004198
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chemmad in Malappuram.
For example, the IFSC Code UTIB0004198 of Axis Bank for the Chemmad branch includes these elements, identifying the bank and the branch location in Malappuram and Kerala accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004198 of Axis Bank for its Chemmad branch located in Malappuram, 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
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Malappuram and Chemmad, print them 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 Chemmad or Malappuram to get the exact IFSC Code UTIB0004198.
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 Malappuram, you'll get the correct details.
How to Use IFSC Code UTIB0004198 for Online Transfers?
Once you have the IFSC Code UTIB0004198 for the Chemmad branch of Axis Bank in Malappuram, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004198. 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 UTIB0004198.
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 Chemmad in Malappuram, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Chemmad, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Malappuram manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004198.
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 Door No V31 Pk Tower Parappanangadi Malappuram Rd Chemmad Tirurangadi Po Malappuram 676306 located in Malappuram, Chemmad, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
