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Axis Bank - RATLAM (MADHYA PRADESH)

Details about the IFSC1 UTIB0000463:

Bank: Axis Bank
Bank Branch: RATLAM (MADHYA PRADESH) (IN-MP)
Country: India
District/State: RATLAM / MADHYA PRADESH
City: RATLAM
IFSC:1 UTIB0000463
MICR:2 457211002




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.