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IFSC Code UTIB0000118 - Axis Bank-ERODE (TAMIL NADU)-Erode

Detail Information
IFSC Code UTIB0000118
Bank Name Axis Bank
Address NEAR SUDHA NURSING HOME PERUNDURAI ROAD
District Erode
State Tamil nadu
Branch Erode (tamil nadu)
Contact +918098601182
Centre Available
IMPS Available
UPI Available
MICR 638211002
RTGS 1
NEFT Not Available
ISO3166 IN-TN
Bankcode UTIB

Overview of UTIB0000118

The IFSC code UTIB0000118 is associated with the Erode ERODE (TAMIL NADU) Branch of Axis Bank. Located in the bustling city of Erode, TAMIL NADU, this branch is one of the many Axis Bank branches that cater to the banking needs of the local residents. The code "UTIB" in UTIB0000118 represents Axis Bank Bank, while 0000118 signifies the unique branch code for ERODE (TAMIL NADU).

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UTIB0000118, for the ERODE (TAMIL NADU) Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Erode. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into UTIB0000118

The IFSC code UTIB0000118 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Axis Bank in Erode. Let's break down the details:

  • IFSC Code (UTIB0000118): This unique code is essential for electronic fund transfers. The first four characters "UTIB" represent the bank's name, Axis Bank. The last six characters "0000118" are a unique identifier for the ERODE (TAMIL NADU) branch.
  • Bank Name (Axis Bank): One of [country]'s leading banks, Axis Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (NEAR SUDHA NURSING HOME PERUNDURAI ROAD): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Erode, TAMIL NADU): The branch is situated in the heart of Erode, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
  • Branch (ERODE (TAMIL NADU)): The [AREA_NAME] area in Erode is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
  • Phone Number (+918098601182): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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