Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
Axis Bank, SANGAMNER
- IFSC
- UTIB0001516
- BRANCH
- SANGAMNER
- ADDRESS
- AXIS BANK LTD,SANGAMNER,SAI RADHA COMPLEX,D P ROAD,SANGAMNER,DIST AHMEDNAGAR,PIN 422605
- BANKCODE
- UTIB
- MICR
- 422211605
- DISTRICT
- SANGAMNER
- CITY
- AHMADNAGAR
- STATE
- MAHARASHTRA
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (UTIB in UTIB0001516) are the bank code, identifying Axis Bank.
- The fifth character (0 in UTIB0001516) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (001516 in UTIB0001516) are the branch code for SANGAMNER.
For example, UTIB0001516 is the IFSC for Axis Bank’s SANGAMNER branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
