UTIB0SMCBL1 IFSC Code, AXIS BANK, MERCHANTS COOPERATIVE BANK LIMITED


IFSC Code of Axis Bank, Merchants Cooperative Bank Limited, Karnataka IFSC CODE & MICR CODE

AXIS BANK, MERCHANTS COOPERATIVE BANK LIMITED - UTIB0SMCBL1

  • Bank name: AXIS BANK

Bank Address: Hosapet Road Tiptur Tumkur District 572202

  • IFSC Code utib0smcbl1
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +918134251153
  • Bank branch MERCHANTS COOPERATIVE BANK LIMITED
  • Bank ISO3166 Code IN-KA
  • Bank Center TUMKUR
  • MICR Code 572806202
  • State name KARNATAKA
  • District name TUMKUR
  • City name TIPTUR
  • 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, MERCHANTS COOPERATIVE BANK LIMITED branch is UTIB0SMCBL1, ensures that your transactions are directed to the correct branch.

How to Use UTIB0SMCBL1 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 MERCHANTS COOPERATIVE BANK LIMITED 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.