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 Karnala Nagari Sahakari Bank Thane Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address TOKSI GRAM PANCHAYAT,PANCHAYAT SAMITI GANGAPURCITY,DISTRICT SAWAI MADHOPUR,STATE RAJASTHAN
State MAHARASHTRA
District THANE
Branch KARNALA NAGARI SAHAKARI BANK
IFSC Code UTIB0SKNSB1
Branch Code SKNSB1 (Last six characters of IFSC code represent Branch code.)
MICR Code 400259252
Contact Phone 27459111
via https://bankingzone.in/ifsc

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