IFSC Code: UTIB0005000
MICR Code: 625211021
SWIFT Code:
Branch: EAST VELI STREET
Bank: Axis Bank
Address: NO 92, GROUND FLOOR, EAST VELI STREET, MADURAI
District: MADURAI
State: TAMIL NADU
Contact: +919136945001
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Axis Bank EAST VELI STREET
Indian Financial System Code (IFSC): UTIB0005000
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 005000. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 625211021
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.
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