Latest details of Ifsc: Utib0002822

AXIS BANK

Branch name : SANAWAD

Contact Information

Address: UPPER GR FLOOR KHASRA NO 508 PEIKI WARD NO 16 KHANDWA MAIN ROAD SANAWAD 451111 DIST KHARGONE

Contact number: 887805033

Bank Details

IFSC Code: UTIB0002822

City: SANAWAD

District: KHARGONE

State: MADHYA PRADESH

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