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Axis Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code wont repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for Axis bank's Anna Nagar branch in Chennai Tamil Nadu is UTIB0000016.

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any Axis Bank account or to any other bank accounts, Here the first 4 alphabets UTBI indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 000016 indicates the particular branch of Axis Bank which is located in Anna Nagar, Chennai.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find Axis bank's IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites. Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch -> to get the IFSC codes or MICR codes for Axis bank. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Axis Bank Branch Details

About Axis Bank

Axis bank is an Indian private bank which is the 3rd largest private sector bank in India, which was established in December 3rd, 1993 as UTI Bank and its start-up bank which was started in Ahmedabad and corporate office in Mumbai. About international services there are 8 international offices with branches at Singapore, Dubai (at DIFC) and Gift City- IBU. representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, United Kingdom. Axis mutual fund plan was established in 2009 in the headquarters in Mumbai.

Axis bank has the total of 4000+ branches across India and it has the largest ATM network among other private sector banks in India having the total of 17,801 active ATM's across the nation. In which Chennai city is ranked as the best service provider in India. Currently Axis bank holds Max Life Insurance post approval of the deal in April this year.

Axis bank has direct subsidiaries of Axis Capital from the following companies listed below;

  • Axis securities Ltd (formerly Enam Securities Direct Pvt. Ltd.)
  • Axis Finance Ltd (formerly Enam Finance Pvt. Ltd.)
  • Axis Securities Europe Ltd (formerly Enam Securities Europe Ltd.)
  • Enam International Ltd., UAE (voluntarily dissolved with effect from 24 August 2014)

The bank offers corporate banking, trade finance, and risk management through the international branches like Singapore, Hong Kong, D.I.F.C, Shanghai and Colombo, and also retail liability products from its branches at Hong Kong and Colombo. The representative office at Dhaka was established during the current financial year.

Axis bank offers retail products like accounts which are savings, safe deposit locker, current, salary account etc.. and deposits, cards, loans, investments, insurance etc..

The total assets of Axis banks is 10.1lakh crores in Indian rupees in 2021 which is 140 billion in u.s. dollars.


For further details contact or write to Axis bank limited
ADDRESS:
Axis Bank Limited,Axis House,
C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli,
Mumbai- 400 025
+91-22-24252525/43252525
+91-22-24251800.

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