PALAKKAD, KERALA
IFSC Code
UTIB0PKDU97
MICR Code
678802002
Branch
PALGHAT COOP URBAN BANK
Bank
Axis Bank
District
PALAKKAD
State
KERALA
Contact
+914912531517
Address
THE PALGHAT CO.OP, URBAN BANK LTD NO. F997 HEAD OFFICE, COURT ROAD, PALAKAD 678 001
NEFT (National Electronic Funds Transfer) lets you send money to any account at Axis Bank's PALGHAT COOP URBAN BANK branch from any other bank in India. Transfers are processed in half-hourly batches, so funds usually reach the recipient within a couple of hours, and there's no minimum or maximum amount restriction from RBI's side.
For amounts of ₹2 lakh or more sent to an account at Axis Bank, PALGHAT COOP URBAN BANK, RTGS is usually the better choice over NEFT — each transaction settles on its own in real time instead of waiting in a batch.
IMPS (Immediate Payment Service) is the fastest of the three — funds move to PALGHAT COOP URBAN BANK within seconds, any time of day including bank holidays. It's typically capped at ₹5 lakh per transaction depending on your bank's own limits.
A distinction that matters if you're transferring to PALGHAT COOP URBAN BANK: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting PALGHAT COOP URBAN BANK In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for Axis Bank's PALGHAT COOP URBAN BANK branch in PALAKKAD, KERALA is UTIB0PKDU97. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
The MICR code for this branch is 678802002. MICR codes are used for cheque clearing, while the IFSC code (UTIB0PKDU97) is what's needed for electronic transfers like NEFT and RTGS.
This branch is located at: THE PALGHAT CO.OP, URBAN BANK LTD NO. F997 HEAD OFFICE, COURT ROAD, PALAKAD 678 001. It falls under PALAKKAD district, KERALA.
Yes — the same IFSC code (UTIB0PKDU97) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
Yes, this branch's listed contact number is +914912531517.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.