Axis Bank MASAT IFSC Code, MICR Code - Dadra Nagar Haveli, Dadra Nagar Haveli

Axis Bank MASAT Branch IFSC Code, MICR Code (Dadra Nagar Haveli, Dadra Nagar Haveli). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Axis Bank MASAT - Dadra Nagar Haveli, Dadra Nagar Haveli

IFSC Code:UTIB0002432
MICR Code:396211112
Branch Code:002432 (Last six characters of IFSC Code represent Branch code)
Address:GROUND FLOOR, SHOP NO. 2 & 3, AKASH APARTMENT, VILLAGE MASAT, DIST. DADRA & NAGAR HAVELI, DADRA & NAGAR HAVELI (UT), PIN 396230
Branch:MASAT
City:MASAT
District:Dadra Nagar Haveli
State:Dadra Nagar Haveli
Contact No.:

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Axis Bank IFSC Code is UTIB0002432, MICR Code is 396211112, Branch Code is 002432 which is last six characters of IFSC Code, Branch name is MASAT located in GROUND FLOOR, SHOP NO. 2 & 3, AKASH APARTMENT, VILLAGE MASAT, DIST. DADRA & NAGAR HAVELI, DADRA & NAGAR HAVELI (UT), PIN 396230, MASAT, Dadra Nagar Haveli, Dadra Nagar Haveli, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Axis Bank Branches at Dadra Nagar Haveli, Dadra Nagar Haveli

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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.