Latest details of Ifsc: Utib0005402
AXIS BANK
Branch name : MANGALI AKALAN
Contact Information
Address: GROUND FLOOR,PROPERTY ID 060950MGA0000IH0224 VILLAGE MANGALI AKALAN,NEAR GOVT GIRLS SR SEC SCHOOL
Contact number: 8930703400
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.
