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Axis Bank - MACHILIPATNAM (ANDHRA PRADESH)

Details about the IFSC1 UTIB0000504:

Bank: Axis Bank
Bank Branch: MACHILIPATNAM (ANDHRA PRADESH) (IN-AP)
Country: India
District/State: KRISHNA / ANDHRA PRADESH
City: MACHILIPATNAM
IFSC:1 UTIB0000504
MICR:2 521211003




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.