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Axis Bank, BALI NAGAR

Here is the IFSC & MICR Codes of Axis Bank, BALI NAGAR, DELHI, DELHI. Also get the latest address, contact number of Axis Bank, BALI NAGAR.

IFSC Code
UTIB0001617
Branch
BALI NAGAR
Address
GROUND FLOOR AND BASEMENT, PREMISES NO. 50,BLOCK -H,BALI NAGAR, NEAR RAJA GARDEN,NEW DELHI-110015
Bank Code
UTIB
MICR
110211116

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Frequently asked questions

What's the IFSC Code of BALI NAGAR, Axis Bank?

The IFSC Code of BALI NAGAR, Axis Bank is UTIB0001617.

What's the Address of BALI NAGAR, Axis Bank?

The Address of BALI NAGAR, Axis Bank is GROUND FLOOR AND BASEMENT, PREMISES NO. 50,BLOCK -H,BALI NAGAR, NEAR RAJA GARDEN,NEW DELHI-110015.

What's the MICR Code of BALI NAGAR, Axis Bank?

The MICR Code of BALI NAGAR, Axis Bank is 110211116.

What's the District BALI NAGAR, Axis Bank falls under?

The District BALI NAGAR, Axis Bank falls under is DELHI.

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).