IFSC Code of Axis Bank, Sasthamangalam, Trivandrum, Kerala- UTIB0003042

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 Sasthamangalam branch in Trivandrum, Trivandrum, Kerala, 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 Trivandrum or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code UTIB0003042. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Sasthamangalam, Trivandrum

Below in the table are the key details related to IFSC Code UTIB0003042 of Axis Bank for its branch located in Trivandrum, within the district of Trivandrum in the state of Kerala.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Trivandrum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003042 for the Sasthamangalam 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0003042 is given to every bank branch, including Axis Bank located in Sasthamangalam, Trivandrum, Kerala, to make sure that online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0003042

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sasthamangalam in Trivandrum.

For example, the IFSC Code UTIB0003042 of Axis Bank for the Sasthamangalam branch has these elements, identifying the bank and the branch location in Trivandrum and Kerala correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003042 of Axis Bank for its Sasthamangalam branch located in Trivandrum, 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 Trivandrum and Trivandrum, 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 Sasthamangalam or Trivandrum to get the exact IFSC Code UTIB0003042.

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 Trivandrum that will provide accurate information.

How to Use IFSC Code UTIB0003042 for Online Transfers?

Once you have the IFSC Code UTIB0003042 for the Sasthamangalam branch of Axis Bank in Trivandrum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003042. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0003042.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Sasthamangalam in Trivandrum, it can 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 Sasthamangalam, 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 Trivandrum to handle online money transfers and get their cheques cleared smoothly.