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 Mahalaxmi Greater Bombay Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address GROUND FLOOR VIVAREA COMPLEX SANE GURUJI MARG MUMBAI MAHARASHTRA PIN 400011
State MAHARASHTRA
District GREATER BOMBAY
Branch MAHALAXMI
IFSC Code UTIB0002623
Branch Code 002623 (Last six characters of IFSC code represent Branch code.)
MICR Code 400211143
Contact Phone 8879645541
via https://bankingzone.in/ifsc

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