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 Lasudia Mori Indore Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address GROUND FLOOR, SURVEY NO 10331,LASUDIA MORI, A.B. ROAD , INDORE,MADHYA PRADESH, PIN 452010
State MADHYA PRADESH
District INDORE
Branch LASUDIA MORI
IFSC Code UTIB0001173
Branch Code 001173 (Last six characters of IFSC code represent Branch code.)
MICR Code 452211008
Contact Phone 0
via https://bankingzone.in/ifsc

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