IFSC Code of Axis Bank, Chilamathur, Chilamathur, Andhra Pradesh- UTIB0005062

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Chilamathur branch in Tirupathi, Chilamathur, Andhra Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Axis Bank located in Tirupathi or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0005062. 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, Chilamathur, Tirupathi

The table below shows the main details of the IFSC Code UTIB0005062 for the Axis Bank branch in Tirupathi, which falls under the Chilamathur district in Andhra Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Tirupathi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005062 for the Chilamathur branch of Axis Bank is vital.

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 UTIB0005062 is given to every bank branch, including Axis Bank located in Chilamathur, Tirupathi, Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Tirupathi.
• 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 Tirupathi and Chilamathur.
• 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Chilamathur doesn't end up at another location.

Format of the IFSC Code UTIB0005062

The format of the IFSC Code for banks, including Axis Bank, has 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 Chilamathur in Tirupathi.

For example, the IFSC Code UTIB0005062 of Axis Bank for the Chilamathur branch includes these elements, identifying the bank and the branch location in Tirupathi and Andhra Pradesh correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0005062 of Axis Bank for its Chilamathur branch located in Tirupathi, 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 Tirupathi and Chilamathur, 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 Chilamathur or Tirupathi to get the exact IFSC Code UTIB0005062.

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 Tirupathi, then it will provide you proper information.

How to Use IFSC Code UTIB0005062 for Online Transfers?

Once you have the IFSC Code UTIB0005062 for the Chilamathur branch of Axis Bank in Tirupathi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0005062. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0005062.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Chilamathur in Tirupathi, 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 Chilamathur, 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 Tirupathi manage online transfers as well as cheque clearances with ease.