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 Kandi Murshidabad Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address KANDI LODGE,WESTERN FRONT OF KANDI MAIN ROAD ,DIST. MURSHIDABAD,WEST BENGAL , PIN 742137.
State WEST BENGAL
District MURSHIDABAD
Branch KANDI
IFSC Code UTIB0001404
Branch Code 001404 (Last six characters of IFSC code represent Branch code.)
MICR Code 742211502
Contact Phone 0
via https://bankingzone.in/ifsc

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