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 Thuraiyur branch in Tiruchirapalli, Turaiyur, 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 Tiruchirapalli or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0001272. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Thuraiyur, Tiruchirapalli

Here are the key points that are associated with the IFSC Code UTIB0001272 of Axis Bank for its branch located in Tiruchirapalli, within the district of Turaiyur in the state of Tamil Nadu.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001272
Branch Thuraiyur
City Tiruchirapalli
District Turaiyur
State Tamil Nadu
Address No.85/1B Extension, Balaji Avenue,Trichy Road, Thuraiyur 621010

These details helps users in online banking and for businesses and individuals who use Axis Bank in Tiruchirapalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001272 for the Thuraiyur 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, including Axis Bank located in Thuraiyur, Tiruchirapalli, Tamil Nadu, is provided with a unique IFSC like UTIB0001272 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Tiruchirapalli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Tiruchirapalli and Turaiyur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Thuraiyur do not get mixed with another location.

Format of the IFSC Code UTIB0001272

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 Thuraiyur in Tiruchirapalli.

For example, the IFSC Code UTIB0001272 of Axis Bank for the Thuraiyur branch includes these elements, identifying the bank and the branch location in Tiruchirapalli and Tamil Nadu accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0001272 of Axis Bank for its Thuraiyur branch located in Tiruchirapalli, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Tiruchirapalli and Turaiyur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Thuraiyur or Tiruchirapalli to find the exact IFSC Code UTIB0001272.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Tiruchirapalli will provide accurate information.

How to Use IFSC Code UTIB0001272 for Online Transfers?

Once you have the IFSC Code UTIB0001272 for the Thuraiyur branch of Axis Bank in Tiruchirapalli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001272. 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 UTIB0001272.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Thuraiyur in Tiruchirapalli 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 Thuraiyur, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Tiruchirapalli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Thuraiyur, Tiruchirapalli?

The IFSC Code is UTIB0001272.

Is the IFSC Code UTIB0001272 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Thuraiyur?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Thuraiyur branch?

The address of the branch is No.85/1B Extension, Balaji Avenue,Trichy Road, Thuraiyur 621010 located in Tiruchirapalli, Turaiyur, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.