Axis Bank IFSC Code UTIB0001629

IFSC Code: UTIB0001629

MICR Code: 160211016

SWIFT Code:

Branch: PREMIUMBRANCHCHANDIGARH

Bank: Axis Bank

Address: AXIS BANK LTD GROUND FLOOR AND BASEMENT, SCO 139,140,141,AND 142 SECTOR 9C, MADHYAMARG,CHANDIGARH

District: CHANDIGARH

State: CHANDIGARH

Contact:

Indian Financial System Code (IFSC): UTIB0001629

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 001629. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 160211016

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.