Latest details of Ifsc: Utib0004779

AXIS BANK

Branch name : PALAKHEDI

Contact Information

Address: 169, ANUSHKA PLAZA, GRAM PALAKHEDI SHOP NO 1, 2 POST GANDHINAGAR S O INDORE, DEPALPUR TALUK OF INDORE

Contact number: 9243234663

Bank Details

IFSC Code: UTIB0004779

City: INDORE

District: INDORE

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