Latest details of Ifsc: Utib0005887

AXIS BANK

Branch name : OLD ALWAL

Contact Information

Address: GROUND FLOOR, DOOR NO 8 59 1, DAMMAIGUDA CROSS ROAD, DAMMAIGUDA, HYDERABAD 500083

Contact number: 9908155403

Bank Details

IFSC Code: UTIB0005887

City: HYDERABAD

District: MEDCHAL-MALKAJGIRI

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