Use this page as a one-stop reference for everything related to Axis Bank's PAYYANNUR branch in PAYYANNUR, KERALA. The branch's IFSC code UTIB0001096 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 PAYYANNUR branch, the IFSC UTIB0001096 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 001096 identifies this particular branch.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Payyannur |
| IFSC Code | UTIB0001096 |
| MICR Code | Refer to cheque leaf |
| Branch Address | S.NO. 107/2A, FIRST FLOOR, GOLTENS ARCADE,NEW BUS STAND ROAD , PAYYANUR,DIST. KANNUR, KERALA, PIN 670309 |
| City | Payyannur |
| District | Cannur |
| State | Kerala |
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Payyannur branch in Payyannur. 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, UTIB0001096.
About the Payyannur branch
The Payyannur branch of Axis Bank is situated at S.NO. 107/2A, FIRST FLOOR, GOLTENS ARCADE,NEW BUS STAND ROAD , PAYYANUR,DIST. KANNUR, KERALA, PIN 670309. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0001096 is used.
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PAYYANNUR of Axis Bank — its own 11-character IFSC. The code UTIB0001096 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0001096 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC UTIB0001096
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 UTIB0001096 across all three.
NEFT to Axis Bank, PAYYANNUR using IFSC UTIB0001096
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 UTIB0001096, and confirm that the system picks up Axis Bank – PAYYANNUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PAYYANNUR
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PAYYANNUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0001096 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 – PAYYANNUR, use IMPS. With IFSC UTIB0001096 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0001096 for Axis Bank – PAYYANNUR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0001096 | Yes – UTIB0001096 | Yes – UTIB0001096 |
For most retail customers crediting the Payyannur branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's PAYYANNUR branch, the IFSC UTIB0001096 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Payyannur branch is mapped to IFSC UTIB0001096 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 UTIB0001096.
Banking services available
The Payyannur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0001096
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0001096 and the account number together uniquely identify the Payyannur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC UTIB0001096
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the PAYYANNUR 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 UTIB0001096 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.
Common mistakes to avoid when using IFSC UTIB0001096
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – PAYYANNUR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0001096. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Payyannur branch
The branch is located at S.NO. 107/2A, FIRST FLOOR, GOLTENS ARCADE,NEW BUS STAND ROAD , PAYYANUR,DIST. KANNUR, KERALA, PIN 670309, which puts it inside Payyannur, the broader Cannur district, and the state of Kerala. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Payyannur branch” — the verified location pin for IFSC UTIB0001096 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0001096 and your account number.
Verifying IFSC UTIB0001096 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 UTIB0001096 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.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Payyannur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0001096, however, work 24x7.
Branch address & contact
Axis BankPayyannur Branch
S.NO. 107/2A, FIRST FLOOR, GOLTENS ARCADE,NEW BUS STAND ROAD , PAYYANUR,DIST. KANNUR, KERALA, PIN 670309
Payyannur, Kerala
Phone: the branch contact number
IFSC: UTIB0001096
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Payyannur branch but serve different purposes.
What is the IFSC code of Axis Bank Payyannur branch?
The IFSC code of Axis Bank, Payyannur branch is UTIB0001096. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Axis Bank Payyannur branch located?
Axis Bank's Payyannur branch is located at S.NO. 107/2A, FIRST FLOOR, GOLTENS ARCADE,NEW BUS STAND ROAD , PAYYANUR,DIST. KANNUR, KERALA, PIN 670309, Payyannur, Kerala.
What is the phone number of Axis Bank Payyannur branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC UTIB0001096 the same for all accounts at Payyannur branch?
Yes. The IFSC UTIB0001096 is shared by every account held at Axis Bank's Payyannur branch. Only the account number changes from customer to customer.
How do I add Axis Bank Payyannur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0001096, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC UTIB0001096 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0001096 to send funds instantly.
Summary
The IFSC code UTIB0001096 belongs to Axis Bank's PAYYANNUR branch, located at S.NO. 107/2A, FIRST FLOOR, GOLTENS ARCADE,NEW BUS STAND ROAD , PAYYANUR,DIST.… in PAYYANNUR, 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.
