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, BALODA BAZAR
- IFSC
- UTIB0002591
- BRANCH
- BALODA BAZAR
- ADDRESS
- BALODA BAZAR BRANCH GARDEN CHOWK CIVIL LINES BALODA BAZAR
- BANKCODE
- UTIB
- MICR
- 492211151
- DISTRICT
- BALODA BAZAR
- CITY
- RAIPUR
- STATE
- CHHATTISGARH
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 UTIB0002591) are the bank code, identifying Axis Bank.
- The fifth character (0 in UTIB0002591) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (002591 in UTIB0002591) are the branch code for BALODA BAZAR.
For example, UTIB0002591 is the IFSC for Axis Bank’s BALODA BAZAR branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
