Axis Bank PEN IFSC Code, MICR Code - Raigad, Maharashtra

Axis Bank PEN Branch IFSC Code, MICR Code (Raigad, Maharashtra). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Axis Bank PEN - Raigad, Maharashtra

IFSC Code:UTIB0000774
MICR Code:402211999
Branch Code:000774 (Last six characters of IFSC Code represent Branch code)
Address:GROUND FLOOR, CENTRE POINT CHINCHPADA, PEN DIST. RAIGAD, PIN 402107 MAHARASHTRA
Branch:PEN
City:PEN
District:Raigad
State:Maharashtra
Contact No.:

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Axis Bank IFSC Code is UTIB0000774, MICR Code is 402211999, Branch Code is 000774 which is last six characters of IFSC Code, Branch name is PEN located in GROUND FLOOR, CENTRE POINT CHINCHPADA, PEN DIST. RAIGAD, PIN 402107 MAHARASHTRA, PEN, Raigad, Maharashtra, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Axis Bank Branches at Raigad, Maharashtra

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ALIBAGDOMBIVLI MIDCKAMOTHE, NAVI MUMBAIKARANJADEKARJATKHARGHARKHARGHAR SECTOR TWELVEKHOPOLIMAHADMOHPADA RASAYANINEW PANVEL (MAHARASHTRA)PANVELPENROHA ASTAMISEC FIFTEEN KHARGHARSECTOR FOURTEEN TALOJATALOJAULWEURAN

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.