Axis Bank, SANAWAD

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

IFSC Code: UTIB0002822
Branch: SANAWAD
Address: UPPER GR FLOOR KHASRA NO 508 PEIKI WARD NO 16 KHANDWA MAIN ROAD SANAWAD 451111 DIST KHARGONE
Bank Code: UTIB
MICR: 451211201

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Frequently asked questions

What's the IFSC Code of SANAWAD, Axis Bank?: The IFSC Code of SANAWAD, Axis Bank is UTIB0002822.
What's the Address of SANAWAD, Axis Bank?: The Address of SANAWAD, Axis Bank is UPPER GR FLOOR KHASRA NO 508 PEIKI WARD NO 16 KHANDWA MAIN ROAD SANAWAD 451111 DIST KHARGONE.
What's the MICR Code of SANAWAD, Axis Bank?: The MICR Code of SANAWAD, Axis Bank is 451211201.
What's the District SANAWAD, Axis Bank falls under?: The District SANAWAD, Axis Bank falls under is KHARGONE.

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).