Axis Bank IFSC Code UTIB0005023

IFSC Code: UTIB0005023

MICR Code: 834211017

SWIFT Code:

Branch: LALPUR CHOWK BRANCH RANCHI

Bank: Axis Bank

Address: AXIS BANK LTD, UPPER GROUND FLOOR, H SQUARE, CIRCULAR ROAD, OPP WESTSIDE, LALPUR, RANCHI

District: RANCHI

State: JHARKHAND

Contact: +918051237172

Indian Financial System Code (IFSC): UTIB0005023

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 005023. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 834211017

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.