Axis Bank IFSC Code UTIB0005024

IFSC Code: UTIB0005024

MICR Code: 600211145

SWIFT Code:

Branch: REDHILLS ROAD KOLATHUR

Bank: Axis Bank

Address: VAIHNAVI SQUARE, NO 7, REDHILLS ROAD, PAPER MILLS ROAD, SOMANATHAPURAM, KOLATHUR, CHENNAI 600099

District: KOLATHUR

State: TAMIL NADU

Contact: +919789836425

Indian Financial System Code (IFSC): UTIB0005024

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 005024. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 600211145

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.