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 Lakhewali Muktsar Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address RECT NO.76,KILLA NO.14 BY 1 611,HADBAST NO.49,VILLAGE LAKHEWALI,TEHSIL AND DIST MUKTSAR,PUNJAB,PIN152031
State PUNJAB
District MUKTSAR
Branch LAKHEWALI
IFSC Code UTIB0002482
Branch Code 002482 (Last six characters of IFSC code represent Branch code.)
MICR Code 152211881
Contact Phone 9988316503
via https://bankingzone.in/ifsc

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