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 Perambalur branch in Perambalur, Perambalur, Tamil Nadu, 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 Perambalur or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UTIB0000704. 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, Perambalur, Perambalur
The table below shows the main details of the IFSC Code UTIB0000704 for the Axis Bank branch in Perambalur, which falls under the Perambalur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000704 |
| Branch | Perambalur |
| City | Perambalur |
| District | Perambalur |
| State | Tamil Nadu |
| Address | S.No.430/2, Trichy-Perambalur Road Madanagopalapuram, Sangupet Next To Pacb, Perambalur 621212 Tamil Nadu |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Perambalur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000704 for the Perambalur 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 Perambalur, Perambalur, Tamil Nadu, is provided a unique IFSC like UTIB0000704 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Perambalur.
- 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 Perambalur and Perambalur.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Perambalur do not get misguided to another person.
Format of the IFSC Code UTIB0000704
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 Perambalur in Perambalur.
For example, the IFSC Code UTIB0000704 of Axis Bank for the Perambalur branch includes these elements, identifying the bank and the branch location in Perambalur and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000704 of Axis Bank for its Perambalur branch located in Perambalur, 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 Perambalur and Perambalur, 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 Perambalur or Perambalur to get the exact IFSC Code UTIB0000704.
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 Perambalur that will provide accurate information.
How to Use IFSC Code UTIB0000704 for Online Transfers?
Once you have the IFSC Code UTIB0000704 for the Perambalur branch of Axis Bank in Perambalur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000704. 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 UTIB0000704.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Perambalur in Perambalur may 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 Perambalur, 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 Perambalur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000704.
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 S.No.430/2, Trichy-Perambalur Road Madanagopalapuram, Sangupet Next To Pacb, Perambalur 621212 Tamil Nadu located in Perambalur, Perambalur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.