Axis Bank, PALSIKAR COLONY

Here is the IFSC & MICR Codes of Axis Bank, PALSIKAR COLONY, INDORE, MADHYA PRADESH. Also get the latest address, contact number of Axis Bank, PALSIKAR COLONY.

IFSC Code: UTIB0004445
Branch: PALSIKAR COLONY
Address: EMRALD BUSINESS PARK, MANIK BAGH ROAD PALSIKAR COLONY, INDORE 452007
Bank Code: UTIB
MICR: 452211031

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Frequently asked questions

What's the IFSC Code of PALSIKAR COLONY, Axis Bank?: The IFSC Code of PALSIKAR COLONY, Axis Bank is UTIB0004445.
What's the Address of PALSIKAR COLONY, Axis Bank?: The Address of PALSIKAR COLONY, Axis Bank is EMRALD BUSINESS PARK, MANIK BAGH ROAD PALSIKAR COLONY, INDORE 452007.
What's the MICR Code of PALSIKAR COLONY, Axis Bank?: The MICR Code of PALSIKAR COLONY, Axis Bank is 452211031.
What's the District PALSIKAR COLONY, Axis Bank falls under?: The District PALSIKAR COLONY, Axis Bank falls under is INDORE.

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).