Latest details of Ifsc: Utib0005531
AXIS BANK
Branch name : LAL QUARTER KRISHNA NAGAR NEW DELHI
Contact Information
Address: GROUND FLOOR AND BASEMENT, D 3BY13 BLOCK D3, PLOT NO 13, KRISHNA NAGAR
Contact number: 8240888636
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.
