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 Kolshet Road Thane Thane Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address GR FLOOR SHOP NO 49 50 51 52 VARDHAMAN VATIKA CHS LTD KOLSHET RD THANE WEST
State MAHARASHTRA
District THANE
Branch KOLSHET ROAD THANE
IFSC Code UTIB0003390
Branch Code 003390 (Last six characters of IFSC code represent Branch code.)
MICR Code 400211171
Contact Phone 9930089615
via https://bankingzone.in/ifsc

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