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 Srivilliputhur branch in Virudhunagar, Srivilliputhur, 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 UTIB0004802. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Srivilliputhur, Virudhunagar

Here are the main details that are associated with the IFSC Code UTIB0004802 of Axis Bank for its branch located in Virudhunagar, within the district of Srivilliputhur in the state of Tamil Nadu.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0004802
Branch Srivilliputhur
City Virudhunagar
District Srivilliputhur
State Tamil Nadu
Address No 46, Uthumalai Paradesi Madam Street, Srivilliputhur

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Virudhunagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004802 for the Srivilliputhur branch of Axis Bank has an important 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 Srivilliputhur, Virudhunagar, Tamil Nadu, is provided with a unique IFSC like UTIB0004802 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Virudhunagar and Srivilliputhur.
  • 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 Srivilliputhur do not get mixed with another location.

Format of the IFSC Code UTIB0004802

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 Srivilliputhur in Virudhunagar.

For example, the IFSC Code UTIB0004802 of Axis Bank for the Srivilliputhur branch has these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0004802 of Axis Bank for its Srivilliputhur 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 Srivilliputhur, 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 Srivilliputhur or Virudhunagar to get the exact IFSC Code UTIB0004802.

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 UTIB0004802 for Online Transfers?

Once you have the IFSC Code UTIB0004802 for the Srivilliputhur branch of Axis Bank in Virudhunagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0004802. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0004802.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Srivilliputhur in Virudhunagar, 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 Srivilliputhur, 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)

What is the IFSC Code of Axis Bank in Srivilliputhur, Virudhunagar?

The IFSC Code is UTIB0004802.

Is the IFSC Code UTIB0004802 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Srivilliputhur branch?

The address of the branch is No 46, Uthumalai Paradesi Madam Street, Srivilliputhur located in Virudhunagar, Srivilliputhur, 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.