The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Mayiladuthurai, Tamil Nadu branch in Nagapattinam, Mayuram(Mayiladuthurai), Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Nagapattinam or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0000688. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Mayiladuthurai, Tamil Nadu, Nagapattinam
Here are the main details that are associated with the IFSC Code UTIB0000688 of Axis Bank for its branch located in Nagapattinam, within the district of Mayuram(Mayiladuthurai) in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000688 |
| Branch | Mayiladuthurai, Tamil Nadu |
| City | Nagapattinam |
| District | Mayuram(Mayiladuthurai) |
| State | Tamil Nadu |
| Address | New Door No.144 (Old No. 75) T S No. 300/Ward No. 2 Mahadhana Street Mayiladuthurai 609 001 Dist. Nagapattinam, Tamil Nadu |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Nagapattinam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000688 for the Mayiladuthurai, Tamil Nadu 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000688 is given to every bank branch, including Axis Bank located in Mayiladuthurai, Tamil Nadu, Nagapattinam, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Nagapattinam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Nagapattinam and Mayuram(Mayiladuthurai).
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Mayiladuthurai, Tamil Nadu doesn't end up at another location.
Format of the IFSC Code UTIB0000688
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 Mayiladuthurai, Tamil Nadu in Nagapattinam.
For example, the IFSC Code UTIB0000688 of Axis Bank for the Mayiladuthurai, Tamil Nadu branch includes these elements, identifying the bank and the branch location in Nagapattinam and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000688 of Axis Bank for its Mayiladuthurai, Tamil Nadu branch located in Nagapattinam, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Nagapattinam and Mayuram(Mayiladuthurai), print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Mayiladuthurai, Tamil Nadu or Nagapattinam to get the exact IFSC Code UTIB0000688.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Nagapattinam that will provide accurate information.
How to Use IFSC Code UTIB0000688 for Online Transfers?
Once you have the IFSC Code UTIB0000688 for the Mayiladuthurai, Tamil Nadu branch of Axis Bank in Nagapattinam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000688. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0000688.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Mayiladuthurai, Tamil Nadu in Nagapattinam may 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 Mayiladuthurai, Tamil Nadu, 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 Nagapattinam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000688.
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 New Door No.144 (Old No. 75) T S No. 300/Ward No. 2 Mahadhana Street Mayiladuthurai 609 001 Dist. Nagapattinam, Tamil Nadu located in Nagapattinam, Mayuram(Mayiladuthurai), Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.