UTIB0SMCB51 IFSC Code, AXIS BANK, THE MERCHANTS SOUHARDA SAHAKARA

IFSC Code of Axis Bank, The Merchants Souharda Sahakara, Karnataka IFSC CODE & MICR CODE

AXIS BANK, THE MERCHANTS SOUHARDA SAHAKARA - UTIB0SMCB51

Bank name: AXIS BANK

Bank Address: Santhepete Chitradurga 577501

IFSC Code utib0smcb51
Bank Code UTIB
Bank name AXIS BANK
Bank contact number +918194222692
Bank branch THE MERCHANTS SOUHARDA SAHAKARA
Bank ISO3166 Code IN-KA
Bank Center CHITRADURGA
MICR Code 577894502
State name KARNATAKA
District name CHITRADURGA
City name CHITRADURGA
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, THE MERCHANTS SOUHARDA SAHAKARA branch is UTIB0SMCB51, ensures that your transactions are directed to the correct branch.

How to Use UTIB0SMCB51 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 THE MERCHANTS SOUHARDA SAHAKARA 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.