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Axis Bank · Kottayam

UTIB0000616: Axis Bank, Palai, Kerala

IFSC code UTIB0000616 belongs to the Palai, Kerala branch of Axis Bank in Kottayam, Kerala. Its MICR code is 686211302.

IFSC
UTIB0000616
MICR
686211302
Bank
Axis Bank
Branch
Palai, Kerala
District
Kottayam
State
Kerala

Branch address

Axis Bank
Puthumana Arcade,Near Kottaramattom Bus Stand,Dis. Kottayam, Kerala

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

UTIB is Axis Bank's bank code, the fifth character 0 is kept for future use, and 000616 is the code of the Palai, Kerala branch. In the MICR code 686211302, 686 is the city, 211 the bank and 302 the branch.

Other Axis Bank branches in Kottayam

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Axis Bank's Palai, Kerala branch (Kottayam, Kerala) is UTIB0000616.

  2. 686211302. MICR is printed at the bottom of the branch's cheques.

  3. Puthumana Arcade,Near Kottaramattom Bus Stand,Dis. Kottayam, Kerala

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0000616 with the beneficiary's account number.

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