Axis Bank IFSC Code UTIB0000027

IFSC Code: UTIB0000027

MICR Code: 500211003

SWIFT Code:

Branch: TARNAKA

Bank: Axis Bank

Address: GROUND FLR, WELCOME COURT COMPLEX, OPP. RAILWAY DEGREE COLLEGE, TARNAKA

District: HYDERABAD URBAN

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): UTIB0000027

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 000027. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500211003

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.