Latest details of Ifsc: Utib0005355
Contact Information
Address: AXIS BANK LTD GROUND FLOOR, SCF NO 23,NEW GRAIN MARKET, GHANAUR, TEHSIL RAJPURA, DISTRICT PATIALA, PUNJAB 140702
Contact number: 8968763345
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.
