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Axis Bank - MAGADI ROAD

Details about the IFSC1 UTIB0004051:

Bank: Axis Bank
Bank Branch: MAGADI ROAD (IN-KA)
Country: India
District/State: BANGALORE / KARNATAKA
City: BENGALURU
Contact: +919538040511
IFSC:1 UTIB0004051
MICR:2 560211116




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.