Axis Bank, MASAT

Here is the IFSC & MICR Codes of Axis Bank, MASAT, MASAT, DADRA AND NAGAR HAVELI AND DAMAN AND DIU. Also get the latest address, contact number of Axis Bank, MASAT.

IFSC Code: UTIB0002432
Branch: MASAT
Address: GROUND FLOOR, SHOP NO. 2 & 3, AKASH APARTMENT, VILLAGE MASAT, DIST. DADRA & NAGAR HAVELI, DADRA & NAGAR HAVELI (UT), PIN 396230
Bank Code: UTIB
MICR: 396211112

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Frequently asked questions

What's the IFSC Code of MASAT, Axis Bank?: The IFSC Code of MASAT, Axis Bank is UTIB0002432.
What's the Address of MASAT, Axis Bank?: The Address of MASAT, Axis Bank is GROUND FLOOR, SHOP NO. 2 & 3, AKASH APARTMENT, VILLAGE MASAT, DIST. DADRA & NAGAR HAVELI, DADRA & NAGAR HAVELI (UT), PIN 396230.
What's the MICR Code of MASAT, Axis Bank?: The MICR Code of MASAT, Axis Bank is 396211112.
What's the District MASAT, Axis Bank falls under?: The District MASAT, Axis Bank falls under is DADRA & NAGAR HAVELI.

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 (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).