Latest details of Ifsc: Utib0003172

AXIS BANK

Branch name : MALAKPET

Contact Information

Address: SRI VINAYAKA SPECTRUM SQUARE 1626742 GROUND FLOOR BESIDE P SATYANARAYAN GEMS JEWELLERY MALAKPET HYDERABAD 500036

Contact number: 24557055

Bank Details

IFSC Code: UTIB0003172

City: HYDERABAD

District: RANGAREDDY

State: TELANGANA

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