State wise list of Axis Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
or Choose State from list below
All Axis Bank branches has their own unique IFSC Code (Indian Financial System Code). To perform any kind of online transaction from an Axis Bank internet banking account, knowing the specific Axis Bank IFSC Code is instrumental. The code is set by Reserve Bank of India to every bank to use for RTGS, NEFT and Centralized Funds Management System (CFMS), to transfer money to and fro.
Online cash transaction has been a blessing to the world of banking, facilitating clients to wire money and make disbursements electronically, often from the comfort of their home or office. Axis Bank also offers its clients the service of making payments electronically through NEFT (National Electronic Funds Transfer), Immediate Payment Service (IMPS) and RTGS (Real Time Gross Settlement) system. Both these payment systems have been introduced by the RBI and employ a special code known as the IFSC code to function. IFSC codes are issued by the RBI to each bank participating in the NEFT network and helps identify the source bank from the destination bank in the process of a transaction.
Example of an Axis Bank IFSC Code:
UTIB0002766 is the IFSC Code for Karthik Nagar branch of Axis Bank in Bangalore. This can be utilized for internet funds transaction through NEFT, RTGS and/ or IMPS from your Axis Bank account to any other.
Axis Bank IFSC Codes are printed on cheque leaves issued by the bank to their clienteles. Customers can get IFSC codes from the official bank website, a third party financial website or a comparison website for financial products and services.
BankBazaar is one such comparison website that gives you detailed information related to IFSC and MICR codes for Axis Bank on its web portal. Go to the main page of BankBazaar and scroll down to the bottom. You can spot the Bank IFSC Code link. Once you click on this link, you will be lead to a page where four dropdowns can be accessed. Users have to choose the specific bank, state, district and the regional branch to find the IFSC code or MICR Code for whichever branch you want. The table that is created also entails details like MICR code, name of the branch complete with contact details.
Axis Bank lets you Transfer Money using Two Procedures – NEFT & RTGS:
National Electronic Funds Transfer (NEFT):
Working based on Deferred Net Settlement, NEFT transactions are handled in batches at explicit times set by Axis Bank. The NEFT fund settlements are done from 9 AM to 7 PM from Monday to Friday and as five batches from 9 AM to 1 PM on Saturdays (except on second Saturdays). Axis Bank does not have any minimum or upper limit for money transactions using NEFT. The cash will be credited to the recipient on the same day or on the next working day.
Real Time Gross Settlement System (RTGS):
Real Time Gross Settlement System (RTGS) offers real time money transactions to Axis Bank clients. The settlement of cash is usually done by taking one instruction at a time. Yet this is one of the quickest modes of transfers existing today. The least amount that has to be transferred through RTGS is INR 2 lacs. Also, the bank does not inflict any upper limit. Once the funds have been received by the receiver’s bank, the money will be credited to the concerned account within a few hours.
Axis Bank offers two processes through which customers can make interbank fund transfers to any bank account in India. These facilities are available under the Fund Transfer Banking section of the Axis Bank website. Any Axis Bank customer can transact cash to any beneficiary across the country using NEFT and RTGS transfers. All RTGS and NEFT transfers can be done on secure platforms, as per the RBI guidelines.
Money Transfer via Axis Bank:
Now you can transact money between two accounts across multiple banks from the comfort of your home or office. The following modes makes it possible.
Immediate Payment Service (IMPS), as the name suggests, is a prompt interbank electronic money transfer means. It can be accessed any time, day or night, from your home, thereby avoiding the hassle of going to bank and standing in long queues. Clienteles can send and receive money via IMPS be making use of their Mobile number submitted at the bank and the unique Mobile Money Identifier (MMID) given by the bank.
Accordingly IMPS is generally categorized into two:
Other ways of handling fund transfers are Internet Banking using the beneficiary’s account number and IFSC code of his/ her bank branch. Apart from instant crediting, it requires little documentation and can be performed from any place with an internet connection.
Instant Money Transfer is a ground-breaking cash remittance service that lets you transfer funds to a beneficiary only by using his registered mobile phone number. The beneficiary can take out cash from any Axis Bank ATM with or without swiping a credit/ debit card. The receiver get all the info needed for withdrawal on his/ her phone.
The significance of IMT is manifold as it can be utilized if the receiver prefer to avail cash, requires money urgently or does not even have his/ her own bank account. This method is also useful when you don’t know the other party’s bank account number or if the recipient is not within easy reach.
To send cash, all you need to do is to register your recipient’s account information via Axis Bank Internet Banking. And your work is done. How? Log in to your Axis Bank Net Banking Account. Click on ‘Payments’ and then select ‘Transfer Funds’. You can register the receiver's account number and other info via ‘Add Beneficiary’ option. It will take up to eight hours to activate this. Once it is activated, select the concerned Beneficiary and select ‘Begin Payment’. That’s all there is to it. You also have a 'Pay Standard (NEFT)' option. Do you have numerous accounts linked together? No fuss. Simply pick the specific account and do the same process.
Axis Bank fund transferring service is also endowed with Visa enabled services to suitably settle bills of a Visa Credit Card of any bank. You can also use this to send money to another account by using your Visa Debit Card number.
The Visa Money Transfer facility shall be retrieved online too. Go to the bank webpage and log in to i-Connect. Using this you can pay bills as well as track the process. Visa Money Transfer is totally dependent on the time taken by the Recipient's bank to carry out the payment. Usually it takes around up to four days to take the payment forward.
Information required for Funds Transfer using any payment mode:
While making a NEFT or RTGS transaction with Axis Bank, customers need to provide the below information:
Axis Bank, came into effect in 1994 as a UTI Bank. In the span of 22 years of exemplary service in the field of banking, the bank has witnessed a remarkable progression. It is indeed commendable that it has achieved the stature of ‘the country’s third largest private lender’ in terms of assets (following ICICI and HDFC Bank) beating those banks with generations of legacy. Offering a host of financial products, facilities and services like loans, insurances and swift money transfer choices, Axis bank has always emphasized on the importance of customization while adopting a ‘never-fear-to-take-risk’ attitude. If you take a look at their campaigns, they were always empowering and unconventional. As a bank ahead of the current flow, it caters to people from diverse backgrounds and nobody has anything out-of-sync to say about the bank’s service quality and comprehensibility.
In an effort to raise funds for business expansion purposes, the private sector bank Axis Bank will be raising Rs.1,800 crore through debentures. The debentures will be non-convertible, unsecured, subordinated debentures. The total face value of the debentures being issued will be Rs.10 lakh, which will be issued at par, to aggregate Rs.1,800 crore. The debentures will be compliant with the Basel III standards.
21st November 2016
Sudarshan Sukhani, a leading analyst from s2analytics.com, recently spoke to CNBC TV18 about the developments in the stock market and provided some healthy insights.
When asked about the performance of Axis Bank stocks, Mr. Sukhani was of the impression that while ICICI Bank has gained a lot over the last weeks, Axis Bank is more likely to outperform India's largest private bank.
The only condition for that to happen, however, is for the market to hold steady, concluded the analyst.
18th October 2016
Axis Bank has been one of the fastest growing banks in the country for over a decade now and the lender has set its sight much higher now. The bank, which has moved to second position in terms of credit card acceptance is now working on establishing a new market segment with a smart point of sales (POS) terminal. Developed by mSpace—a payment startup Axis Bank has a stake in— this new segment is likely to improve the way people make payments.
This Android operating system based device, the size of a smartphone, will accept payments from all credit and debit cards and will also be integrated with a merchant’s systems. The device in question has already been used by Maharashtra Police who have successfully collected on-the-spot fines for traffic violations using credit and debit cards. Currently, as per an agreement with Maharashtra state, the bank is expected to deliver over 16,000 such units for the state’s perusal.
The Shikha Sharma-led bank next aims to flood this device into the ecommerce space wherein it can be used as an alternative to the cash on delivery payment model.
6th October 2016
Axis Bank is going well beyond the purview of banking in its efforts to assist upcoming startups. The bank is aligning its products and services in order to cater to various parameters that influence the growth of startups. From legal aid to assistance in the domains of accounting and office space, the bank has commissioned an expert team to look into various aspects involved in enabling startup growth. Axis Bank has collaborated with various organizations such as SignCatch, India FLings and Eximdesk to address various startup requirements.
2nd October 2016
In a coalition with Axis Bank, Freecharge has launched the Unified Payments Interface application that enables real-time fund transfers using a virtual address.
A customer can now create a virtual payment address on the Freecharge app for Android, and link it to his bank account for UPI registration. One of the advantages of the UPI platform is the ability to transfer funds without the customer having to divulge account number, IFSC code, etc. Users will be able to pay from their bank accounts even if they are not Axis Bank customers. Merchants also need not be PCI-DSS certified for storing the customer’s payment credentials, as the virtual address is linked to his login on UPI.
UPI is now available on the latest version of the Freecharge Android app.
Executive Directors, BS Rama Rao, Y Nageswara Rao and General Managers were among the others who were present for the launch.
15th September 2016
Axis Bank and National Payment Corporation of India (NPCI) announced the launch of Bharat Bill Payment System (BBPS), a facility that enables interoperable and accessible bill payment facilities and provides instant payment confirmations. In the first phase, the service will be made available to customers from select branches and billers from the telephone, gas, electricity and DTH segments.
Axis Bank is the first bank in the country to introduce a facility that allows customers to pay multiple bills on a single platform. In the subsequent phases of the BBPS project, customers would be able to pay bills across multiple channels like mobile or internet banking, online website, etc.The BBPS is expected to serve as a cost-effective and efficient alternative to the existing bill payment systems.
2nd September 2016
Axis bank has been vigorously tapping into the technology aspect and has yet again launched a new feature. Hot on the heels of its augmented reality feature, Axis bank has now launched the capability of making NFC payments on GoQii’s fitness wearable devices. With the needs of the customers changing with technology every day, the bank is no longer just in the business of providing services but has shifted to providing experiences as well. To further bolster their new approach, Axis bank has also opened an innovation lab that will focus on creating solutions to improve customer experience in banking. Partnering with Amazon and OCBC Bank, the innovation lab will also host accelerator programs for startups.
27th August 2016
Hot on the heels of the worldwide success of Pokémon Go, Axis bank has taken a branch out of the gaming app’s design and incorporated an augmented reality feature in their app called ‘Near Me’. This feature allows customers to not only find out locations around them such as ATM’s or restaurants but are also able to view them in real life pictures and view directions to them as well. The app aims to make the bank an everyday aspect of a customer’s life. The app when opened displays the near me option. When clicked, the app will use GPS and the camera to show the user all locations in the nearby vicinity.
23rd August 2016
Axis Bank has unveiled an accelerator programme for Fintech startups in the city of Bengaluru. The innovation lab facility, named ‘Thought Factory’ was conceptualised based on the great potential that Axis Bank saw in the development of banking sector technology solutions.
The lab would be the first of its kind in India. As per company sources, it houses an experienced innovation team and an interesting accelerator program that aims to be closely associated with promising startups in the financial vertical.
Currently, the bank is working with 6-7 startups in Mumbai, and is using the services of an ad tech company to launch better advertisements and optimise sales strategies.
Thought Factory will work with emerging technologies like cloud, AI, block-chain, etc. to optimise wealth management, credits, security, mobile payments and deposits. They will focus on incubating startups for three months. At the finale of the programme, the startups will be assisted with funding opportunities.
22nd August 2016
Life Insurance Corporation of India (LIC), the largest life insurance company in the country, has partnered with Axis Bank, the third-largest private lender, on bancassurance.
Multiple corporate agency agreements have been made possible by regulations, and under that a bank can partner with 3 entities each on life insurance, general insurance and health insurance. Axis Bank has bancassurance partnership with Max Life Insurance for 5 years now, and this new partnership will bring the trust and quality of LIC’s products at the doorstep of Axis Bank customers.
The sale of third party insurance products is expected to generate a good amount of retail fee to Axis Bank.
8th August 2016
|• Axis Bank Charminar Hyderabad Old City Branch||• Axis Bank Pulla Reddy Building Hyderabad Branch||• Axis Bank Dilsukhnagar Branch|
|• Axis Bank Gachibowli Branch||• Axis Bank Jubilee Hills Branch||• Axis Bank Madhapur Branch|
|• Axis Bank Sanjeev Reddy Nagar Hyderabad Branch||• Axis Bank Srinagar Colony Branch||• Axis Bank Chillakallu Branch|
|• Axis Bank Machilipatnam Branch||• Axis Bank Uppal Branch||• Axis Bank Chinnamiram Branch|
|• Axis Bank Green Park Branch||• Axis Bank Mg Road Gurgaon Branch||• Axis Bank Hisar Branch|
|• Axis Bank Hsr Layout Branch||• Axis Bank Koramangala 4Th Block Branch||• Axis Bank Marathahalli Branch|
|• Axis Bank The National Co Operative Bank Limited Branch||• Axis Bank Tumkur Karnataka Branch||• Axis Bank Palakkad Branch|
|• Axis Bank Andheri East Branch||• Axis Bank Vile Parle East Branch||• Axis Bank Hadapsar Branch|
|• Axis Bank Bathinda Central Cooperative Bank Ltd Branch||• Axis Bank Patiala Branch||• Axis Bank C Scheme Jaipur Branch|
|• Axis Bank Anna Nagar Chennai Branch||• Axis Bank Mylapore Branch||• Axis Bank Ramapuram Branch|
|• Axis Bank T Nagar Branch||• Axis Bank Vadapalani Branch||• Axis Bank Velachery Branch|
|• Axis Bank Sathyamangalam Branch||• Axis Bank Cantonment Trichy Branch||• Axis Bank Ooty Branch|
|• Axis Bank Haridwar Branch||• Axis Bank Mirzapur Branch||• Axis Bank Electronic Complex Branch|
|• Axis Bank Durgapur West Bengal Branch||• Axis Bank Airport Kolkata Branch||• Axis Bank Rajarhat West Bengal Branch|
|• Axis Bank Aurangabad Bihar Branch||• Axis Bank Aurangabad Maharashtra Branch||• Axis Bank Borivali IC Colony Branch|
|• Axis Bank MG Road Mumbai Branch||• Axis Bank Old Madras Road Branch||• Axis Bank Cunningham Road Branch|
|• Axis Bank Chamarajanagar Branch||• Axis Bank Cauvery Bhavan Branch|