If you are searching for the IFSC code of Axis Bank, PALAKKAD DISTRICT CO-OP. BANK LTD branch in PALAKKAD, KERALA, this page has every detail you need. The verified IFSC code for this branch is UTIB0SPKD21. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PALAKKAD DISTRICT CO-OP. BANK LTD branch, and detailed step-by-step guides for using the IFSC UTIB0SPKD21 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Axis Bank's PALAKKAD DISTRICT CO-OP. BANK LTD branch, the IFSC UTIB0SPKD21 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and SPKD21 identifies this particular branch.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Palakkad District Co-Op. Bank Ltd |
| IFSC Code | UTIB0SPKD21 |
| MICR Code | Refer to cheque leaf |
| Branch Address | H.P.O.ROAD, PALAKKAD, PIN 678001 |
| City | Palakkad |
| District | Palakkad |
| State | Kerala |
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Palakkad District Co-Op. Bank Ltd branch in Palakkad. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0SPKD21.
About this branch
The branch is located at H.P.O.ROAD, PALAKKAD, PIN 678001. It serves the Palakkad region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Axis Bank. The IFSC UTIB0SPKD21 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's PALAKKAD DISTRICT CO-OP. BANK LTD branch came to be assigned the code UTIB0SPKD21.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0SPKD21, money simply cannot be routed to the PALAKKAD DISTRICT CO-OP. BANK LTD branch electronically.
How to transfer money using IFSC UTIB0SPKD21
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0SPKD21 across all three.
NEFT to Axis Bank, PALAKKAD DISTRICT CO-OP. BANK LTD using IFSC UTIB0SPKD21
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0SPKD21, and confirm that the system picks up Axis Bank – PALAKKAD DISTRICT CO-OP. BANK LTD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PALAKKAD DISTRICT CO-OP. BANK LTD
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PALAKKAD DISTRICT CO-OP. BANK LTD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0SPKD21 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – PALAKKAD DISTRICT CO-OP. BANK LTD, use IMPS. With IFSC UTIB0SPKD21 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Palakkad District Co-Op. Bank Ltd
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0SPKD21:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at PALAKKAD DISTRICT CO-OP. BANK LTD is still linked to IFSC UTIB0SPKD21.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC UTIB0SPKD21
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – PALAKKAD DISTRICT CO-OP. BANK LTD is still mapped to IFSC UTIB0SPKD21. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0SPKD21 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Palakkad District Co-Op. Bank Ltd branch is mapped to IFSC UTIB0SPKD21 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0SPKD21.
Products and services
Customers walking into the Palakkad District Co-Op. Bank Ltd branch can access most of Axis Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UTIB0SPKD21
MICR & cheque-truncation details
Cheques drawn on the Palakkad District Co-Op. Bank Ltd branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0SPKD21 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC UTIB0SPKD21
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the PALAKKAD DISTRICT CO-OP. BANK LTD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0SPKD21 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – PALAKKAD DISTRICT CO-OP. BANK LTD:
- The IFSC is exactly UTIB0SPKD21 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and PALAKKAD DISTRICT CO-OP. BANK LTD as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Palakkad District Co-Op. Bank Ltd branch sits at H.P.O.ROAD, PALAKKAD, PIN 678001. If you are travelling from outside Palakkad, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UTIB0SPKD21 and your account number.
Verifying IFSC UTIB0SPKD21 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0SPKD21 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Palakkad District Co-Op. Bank Ltd are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0SPKD21 continue to work without interruption.
Branch address & contact
Axis BankPalakkad District Co-Op. Bank Ltd Branch
H.P.O.ROAD, PALAKKAD, PIN 678001
Palakkad, Kerala
Phone: the branch contact number
IFSC: UTIB0SPKD21
Frequently asked questions
How do I add Axis Bank Palakkad District Co-Op. Bank Ltd as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0SPKD21, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Axis Bank Palakkad District Co-Op. Bank Ltd branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC UTIB0SPKD21 valid for NEFT and RTGS?
Yes. IFSC UTIB0SPKD21 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using UTIB0SPKD21 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Palakkad District Co-Op. Bank Ltd reflect within 30 minutes.
Does Axis Bank Palakkad District Co-Op. Bank Ltd branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Is IFSC UTIB0SPKD21 the same for all accounts at Palakkad District Co-Op. Bank Ltd branch?
Yes. The IFSC UTIB0SPKD21 is shared by every account held at Axis Bank's Palakkad District Co-Op. Bank Ltd branch. Only the account number changes from customer to customer.
Can I use IFSC UTIB0SPKD21 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0SPKD21 to send funds instantly.
Summary
The IFSC code UTIB0SPKD21 belongs to Axis Bank's PALAKKAD DISTRICT CO-OP. BANK LTD branch, located at H.P.O.ROAD, PALAKKAD, PIN 678001 in PALAKKAD, KERALA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
