The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Sivakasi (Tamil Nadu) branch in Virudhunagar, Sivakasi, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Virudhunagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UTIB0000089. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Sivakasi (Tamil Nadu), Virudhunagar
The table below shows the main details of the IFSC Code UTIB0000089 for the Axis Bank branch in Virudhunagar, which falls under the Sivakasi district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000089 |
| Branch | Sivakasi (Tamil Nadu) |
| City | Virudhunagar |
| District | Sivakasi |
| State | Tamil Nadu |
| Address | 64 N R K R Rajarathinam Street Sivakasi |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Virudhunagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000089 for the Sivakasi (Tamil Nadu) branch of Axis Bank plays an important 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 UTIB0000089 is given to every bank branch, including Axis Bank located in Sivakasi (Tamil Nadu), Virudhunagar, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Virudhunagar.
- 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 Virudhunagar and Sivakasi.
- 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sivakasi (Tamil Nadu) doesn't end up at another location.
Format of the IFSC Code UTIB0000089
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sivakasi (Tamil Nadu) in Virudhunagar.
For example, the IFSC Code UTIB0000089 of Axis Bank for the Sivakasi (Tamil Nadu) branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000089 of Axis Bank for its Sivakasi (Tamil Nadu) branch located in Virudhunagar, 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 Virudhunagar and Sivakasi, 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 Sivakasi (Tamil Nadu) or Virudhunagar to get the exact IFSC Code UTIB0000089.
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 Virudhunagar, then it will provide you proper information.
How to Use IFSC Code UTIB0000089 for Online Transfers?
If you have the IFSC Code UTIB0000089 for the Sivakasi (Tamil Nadu) branch of Axis Bank in Virudhunagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000089. 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 UTIB0000089.
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 Sivakasi (Tamil Nadu) in Virudhunagar, 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 Sivakasi (Tamil Nadu), 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 Virudhunagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000089.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 64 N R K R Rajarathinam Street Sivakasi located in Virudhunagar, Sivakasi, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
