For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sivagangai branch in Sivagangai, Sivagangai, Tamil Nadu, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Sivagangai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0005035. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sivagangai, Sivagangai
The table below shows the main details of the IFSC Code UTIB0005035 for the Axis Bank branch in Sivagangai, which falls under the Sivagangai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005035 |
| Branch | Sivagangai |
| City | Sivagangai |
| District | Sivagangai |
| State | Tamil Nadu |
| Address | 12 3 Perumal Koil Street Sivagangai |
These details help users in online banking and for businesses and individuals who use Axis Bank in Sivagangai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005035 for the Sivagangai branch of Axis Bank has a very important 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 Sivagangai, Sivagangai, Tamil Nadu, is provided a unique IFSC like UTIB0005035 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Sivagangai.
- 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 Sivagangai and Sivagangai.
- 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 Sivagangai do not get misguided to another person.
Format of the IFSC Code UTIB0005035
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 Sivagangai in Sivagangai.
For example, the IFSC Code UTIB0005035 of Axis Bank for the Sivagangai branch includes these elements, identifying the bank and the branch location in Sivagangai and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005035 of Axis Bank for its Sivagangai branch located in Sivagangai, 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
Most banks, including Axis Bank branches in Sivagangai and Sivagangai, print the IFSC and MICR codes 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 Sivagangai or Sivagangai to get the exact IFSC Code UTIB0005035.
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 Sivagangai, you'll get the correct details.
How to Use IFSC Code UTIB0005035 for Online Transfers?
If you have the IFSC Code UTIB0005035 for the Sivagangai branch of Axis Bank in Sivagangai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005035. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0005035.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Sivagangai in Sivagangai, it 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 Sivagangai, 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 Sivagangai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005035.
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 12 3 Perumal Koil Street Sivagangai located in Sivagangai, Sivagangai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.