Axis Bank NEHRU NAGAR SQUARE IFSC Code, MICR Code - Durg, Chhattisgarh

Axis Bank NEHRU NAGAR SQUARE Branch IFSC Code, MICR Code (Durg, Chhattisgarh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Axis Bank NEHRU NAGAR SQUARE - Durg, Chhattisgarh

IFSC Code:UTIB0001547
MICR Code:490211003
Branch Code:001547 (Last six characters of IFSC Code represent Branch code)
Address:19, PRIYADARSHINI PARISAR,GRACE PLAZA, NEHRU NAGAR CHOWK,BHILAI, DIST. DURG,CHATTISGARH, PIN 490020
Branch:NEHRU NAGAR SQUARE
City:BHILAINAGAR
District:Durg
State:Chhattisgarh
Contact No.:

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Axis Bank IFSC Code is UTIB0001547, MICR Code is 490211003, Branch Code is 001547 which is last six characters of IFSC Code, Branch name is NEHRU NAGAR SQUARE located in 19, PRIYADARSHINI PARISAR,GRACE PLAZA, NEHRU NAGAR CHOWK,BHILAI, DIST. DURG,CHATTISGARH, PIN 490020, BHILAINAGAR, Durg, Chhattisgarh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Axis Bank Branches at Durg, Chhattisgarh

Select branch to view IFSC Code, MICR Code, Contact No. and Address

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.