Latest details of Ifsc: Utib0002806

AXIS BANK

Branch name : MOHALI

Contact Information

Address: SCF 46 PHASE 11 SAS NAGAR 160062

Contact number: 9356659132

Bank Details

IFSC Code: UTIB0002806

City: SAS NAGAR

District: SAS NAGAR

State: PUNJAB

IFSC code can be used for RTGS, IMPS and NEFT transactions

Last six characters of IFSC Code make a Branch code.

IFSC Code

Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:

  • • First 4 characters: Bank identifier
  • • 5th character: Reserved (0)
  • • Last 6 characters: Branch code

MICR Code

MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.

These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.

IFSC and MICR code sample on bank cheque