UTIB0002806 IFSC Code, AXIS BANK, MOHALI

IFSC Code of Axis Bank, Mohali, Punjab IFSC CODE & MICR CODE

AXIS BANK, MOHALI - UTIB0002806

  • Bank name: AXIS BANK

Bank Address: Scf 46 Phase 11 Sas Nagar 160062

  • IFSC Code utib0002806
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +919356659132
  • Bank branch MOHALI
  • Bank ISO3166 Code IN-PB
  • Bank Center SAS NAGAR
  • MICR Code 160211044
  • State name PUNJAB
  • District name SAS NAGAR
  • City name SAS NAGAR
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for AXIS BANK, MOHALI branch is UTIB0002806, ensures that your transactions are directed to the correct branch.

How to Use UTIB0002806 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MOHALI branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.