UTIB0005003 IFSC Code, AXIS BANK, SECTOR SEVENTY ONE MOHALI

IFSC Code of Axis Bank, Sector Seventy One Mohali, Punjab IFSC CODE & MICR CODE

AXIS BANK, SECTOR SEVENTY ONE MOHALI - UTIB0005003

  • Bank name: AXIS BANK

Bank Address: Ground Floor Scf 48 And 49, Sector 71, S A S Nagar, Mohali, Distt S A S Nagar, Punjab 160071

  • IFSC Code utib0005003
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +919780010399
  • Bank branch SECTOR SEVENTY ONE MOHALI
  • Bank ISO3166 Code IN-PB
  • Bank Center MOHALI
  • MICR Code 160211079
  • State name PUNJAB
  • District name MOHALI
  • City name S A S 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, SECTOR SEVENTY ONE MOHALI branch is UTIB0005003, ensures that your transactions are directed to the correct branch.

How to Use UTIB0005003 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 SECTOR SEVENTY ONE 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.