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Axis Bank - CHANDIGARH

Details about the IFSC1 UTIB0000041:

Bank: Axis Bank
Bank Branch: CHANDIGARH (IN-CH)
Country: India
District/State: CHANDIGARH / CHANDIGARH
City: CHANDIGARH
Address: SCO 20-21-22 SECTOR 34-A
IFSC:1 UTIB0000041
MICR:2 160211001




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.