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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Ponnani branch in Malappuram, Malapuram, or Kerala, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Malappuram or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UTIB0003738. 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, Ponnani, Malappuram
The table below shows the main details of the IFSC Code UTIB0003738 for the Axis Bank branch in Malappuram, which falls under the Malapuram district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003738 |
| Branch | Ponnani |
| City | Malappuram |
| District | Malapuram |
| State | Kerala |
| Address | First Floor, Khaleej Mall, Ponnani Road, Chamravattom Junction, Malappuram 679577 |
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 UTIB0003738 for the Ponnani 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 Ponnani, Malappuram, Kerala, are allotted a unique IFSC like UTIB0003738 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 Malapuram.
- 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 Ponnani reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code UTIB0003738
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 Ponnani in Malappuram.
For example, the IFSC Code UTIB0003738 of Axis Bank for the Ponnani branch has these elements, identifying the bank and the branch location in Malappuram and Kerala correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0003738 of Axis Bank for its Ponnani branch located in Malappuram, 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 Malappuram and Malapuram, 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 Ponnani or Malappuram to get the exact IFSC Code UTIB0003738.
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 Malappuram, then it will provide you proper information.
How to Use IFSC Code UTIB0003738 for Online Transfers?
Once you have the IFSC Code UTIB0003738 for the Ponnani branch of Axis Bank in Malappuram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003738. 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 UTIB0003738.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ponnani in Malappuram, 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 Ponnani, 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 Malappuram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003738.
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 First Floor, Khaleej Mall, Ponnani Road, Chamravattom Junction, Malappuram 679577 located in Malappuram, Malapuram, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
