Axis Bank IFSC Code UTIB0003425

IFSC Code: UTIB0003425

MICR Code: 522211582

SWIFT Code:

Branch: VELAGAPUDI

Bank: Axis Bank

Address: BUILDING NO 5 CRDA AP SECRETARIAT VELAGAPUDI AMARAVATHI GUNTUR DIST 522503

District: GUNTUR

State: ANDHRA PRADESH

Contact: +918662469318

Indian Financial System Code (IFSC): UTIB0003425

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 003425. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 522211582

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.