IFSC Code UTIB0005098 - Axis Bank-ALWARPET-Chennai
| Detail | Information |
|---|---|
| IFSC Code | UTIB0005098 |
| Bank Name | Axis Bank |
| Address | 50, C P RAMASWAMY ROAD, ALWARPET, CHENNAI 600018 |
| District | Chennai |
| State | Tamil nadu |
| Branch | Alwarpet |
| Contact | +919176906761 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 600211147 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-TN |
| Bankcode | UTIB |
Overview of UTIB0005098
The IFSC code UTIB0005098 is associated with the Chennai ALWARPET Branch of Axis Bank. Located in the bustling city of Chennai, 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 UTIB0005098 represents Axis Bank Bank, while 0005098 signifies the unique branch code for ALWARPET.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like UTIB0005098, for the ALWARPET Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Chennai. 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 UTIB0005098
The IFSC code UTIB0005098 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 Chennai. Let's break down the details:
- IFSC Code (UTIB0005098): 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 "0005098" are a unique identifier for the ALWARPET 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 (50, C P RAMASWAMY ROAD, ALWARPET, CHENNAI 600018): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Chennai, TAMIL NADU): The branch is situated in the heart of Chennai, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
- Branch (ALWARPET): The [AREA_NAME] area in Chennai is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
- Phone Number (+919176906761): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.