What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Axis Bank Bagalkot Karnataka Bagalkot Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address NAGAPPANA KATTE, OPP, KERUDI HOSPITAL, EXTENSION AREA ROAD, BAGALKOT 587 101
State KARNATAKA
District BAGALKOT
Branch BAGALKOT KARNATAKA
IFSC Code UTIB0000527
Branch Code 000527 (Last six characters of IFSC code represent Branch code.)
MICR Code 587211102
Contact Phone 0
via https://bankingzone.in/ifsc

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