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 Pipliyahana Sq Indore Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address PIPLIYAHANA SQU IND MP GR FLR SHIVAY PLAZA PLOT NO P1 ZONE10 BRAJESHWARI EXT PIPLIYAHANA SQMAIN RD VIP
State MADHYA PRADESH
District INDORE
Branch PIPLIYAHANA SQ
IFSC Code UTIB0003430
Branch Code 003430 (Last six characters of IFSC code represent Branch code.)
MICR Code 452211026
Contact Phone 8889833315
via https://bankingzone.in/ifsc

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