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 Central Processing Unit Thane Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address NPC 1 4TH FLOOR BUILDING NO 1 GIGAPLEX PLOT NO IT 5 MIDC AIROLI KNOWLEDGE PARK NAVI MUMBAI 400708
State MAHARASHTRA
District THANE
Branch CENTRAL PROCESSING UNIT
IFSC Code UTIB0000101
Branch Code 000101 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 71314466
via https://bankingzone.in/ifsc

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