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Axis Bank - NEW MAHADWAR ROAD

Details about the IFSC1 UTIB0001196:

Bank: Axis Bank
Bank Branch: NEW MAHADWAR ROAD (IN-MH)
Country: India
District/State: KOLHAPUR / MAHARASHTRA
City: KOLHAPUR
IFSC:1 UTIB0001196
MICR:2 416211003




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.