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, NEHRU NAGAR SQUARE
- IFSC
- UTIB0001547
- BRANCH
- NEHRU NAGAR SQUARE
- ADDRESS
- 19, PRIYADARSHINI PARISAR,GRACE PLAZA, NEHRU NAGAR CHOWK,BHILAI, DIST. DURG,CHATTISGARH, PIN 490020
- BANKCODE
- UTIB
- MICR
- 490211003
- DISTRICT
- BHILAINAGAR
- CITY
- DURG
- 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 UTIB0001547) are the bank code, identifying Axis Bank.
- The fifth character (0 in UTIB0001547) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (001547 in UTIB0001547) are the branch code for NEHRU NAGAR SQUARE.
For example, UTIB0001547 is the IFSC for Axis Bank’s NEHRU NAGAR SQUARE branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
