Get Axis Bank IFSC Code and MICR Code Details

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To get your Axis Bank IFSC code and MICR code details, you can simply check your passbook or account statement.

The IFSC code is a unique 11-digit code that identifies the branch where your account is held.

You can also find the IFSC code on your debit card or the bank's website.

Significance of MICR Code

The MICR code is a 9-digit number printed at the bottom of cheques, enabling quick and secure cheque processing.

This code facilitates interbank transactions, providing standardized information to support seamless banking and secure cheque verification across the banking system.

To give you a better idea, here are some examples of IFSC codes from other banks that you might find useful:

BankIFSC CodeSBISBI IFSC CodeHDFCHDFC IFSC CodeCanara BankCanara Bank IFSC CodeIndian BankIndian Bank IFSC CodeBank of BarodaBank of Baroda IFSC CodeBank of IndiaBank of India IFSC CodePNBPNB IFSC codeAllahabad BankAllahabad Bank IFSC CodeCentral Bank of IndiaCentral Bank of India IFSC CodeAndhra BankAndhra Bank IFSC CodeUnion Bank of IndiaUnion Bank of India IFSC CodeSyndicate BankSyndicate Bank IFSC CodeIDBIIDBI IFSC CodeCitiBankCitiBank IFSC Code

Significance of

Credit: youtube.com, What is MICR? And how does it work?

The significance of a reliable MICR code can't be overstated. It uniquely identifies each bank branch, allowing for secure and accurate routing of funds, just like Axis Bank's IFSC code does.

A well-formatted MICR code enables quick and reliable processing of transactions by pinpointing the specific branch and account. This reduces the chances of errors in online transfers.

Here's a breakdown of what makes a MICR code effective:

  • It uniquely identifies each branch for electronic fund transfers.
  • It enables secure and accurate routing of funds to the intended bank branch.
  • It helps in quick, reliable processing of transactions by pinpointing the specific branch and account.
  • It reduces the chances of errors in online transfers by directing funds accurately.

Significance of MICR

The MICR code is a 9-digit number printed at the bottom of cheques, enabling quick and secure cheque processing. This code is a crucial part of our banking system.

MICR codes facilitate interbank transactions, providing standardized information to support seamless banking and secure cheque verification across the banking system. This makes it easier for banks to process transactions without any errors.

Here's a list of some of the major banks in India that use MICR codes for cheque processing:

  • SBI IFSC Code
  • HDFC IFSC Code
  • Canara Bank IFSC Code
  • Indian Bank IFSC Code
  • Bank of Baroda IFSC Code
  • Bank of India IFSC Code
  • PNB IFSC code
  • Allahabad Bank IFSC Code
  • Central Bank of India IFSC Code
  • Andhra Bank IFSC Code
  • Union Bank of India IFSC Code
  • Syndicate Bank IFSC Code
  • IDBI IFSC Code
  • CitiBank IFSC Code

You can find the MICR code on a cheque leaf, bank passbook, or even on the website of Axis Bank.

Searching for MICR Code

Credit: youtube.com, Axis Bank IFSC and MICR Code - Video Tutorial

You can find the MICR code for Axis Bank by checking your passbook, which contains both the MICR and IFSC codes along with your account information.

The MICR code is a 9-digit number printed at the bottom of cheques, enabling quick and secure cheque processing.

To find the MICR code, you can also check your bank statement, where the IFSC and MICR codes are usually mentioned on the first page.

Additionally, you can use the Axis Bank mobile banking app, where you can access branch details, including MICR and IFSC codes, under account information or through the "Branch/ATM Locator".

You can also check the RBI website, which provides a comprehensive list of IFSC codes for all banks, including Axis Bank.

Here are some ways to search for Axis Bank MICR codes:

  • Check your Axis Bank account statement
  • Use the Axis Bank mobile banking app
  • Visit the RBI website
  • Contact Axis Bank customer care
  • Check the Axis Bank website using their branch locator tool

You can also find the MICR code on a cheque leaf, and it's a 9-digit code printed on the last line of a cheque leaf.

Transferring Funds via RTGS & NEFT

Credit: youtube.com, How to do IMPS And NEFT Money Transfer in Axis Mobile App | Axis Mobile App

Transferring funds via RTGS & NEFT is a convenient option for Axis Bank customers. You can use National Electronic Funds Transfer (NEFT) to send money across different banks, different accounts, different states, and different cities.

Axis Bank customers can also use the Real Time Gross Settlement System (RTGS) to transfer funds instantly. This system settles transactions in real-time, making it a faster option compared to NEFT.

Transferring Funds via RTGS & NEFT

You can transfer funds using Axis Bank's RTGS and NEFT facilities. Axis Bank customers can use these facilities to send money across different banks, different accounts, different states, and different cities.

Axis Bank customers can transfer funds using National Electronic Funds Transfer (NEFT). You can use this facility to send money across different banks, different accounts, different states, and different cities.

Real Time Gross Settlement System (RTGS) is another facility offered by Axis Bank for transferring funds. RTGS allows for the transfer of funds in real-time, making it a faster option compared to NEFT.

Axis Bank customers can use either NEFT or RTGS to send money across different banks, different accounts, different states, and different cities.

Return

Credit: youtube.com, Axis Bank Money Transfer With IMPS, NEFT Demo - Axis Bank App se Paise Kaise Bheje?

To initiate a return, you'll need the IFSC Code of the Axis Bank branch where the funds were sent. Axis Bank IFSC Code is assigned by RBI to each branch and helps in carrying out RTGS and NEFT transactions smoothly.

The IFSC Code enables Axis Bank account holders to send and receive money electronically. It's a unique code for every Axis Bank branch in India.

If you're trying to return funds to an Axis Bank account, make sure you have the correct IFSC Code. This will ensure the transaction is processed correctly and efficiently.

For more insights, see: Bank Return Codes

Micr

The MICR code plays a crucial role in the banking system, especially when it comes to cheque processing. It's a 9-digit number printed at the bottom of cheques.

You can find the MICR code on a cheque leaf and bank passbook, and it's also available on the Axis Bank website. It's used for faster and secure processing of cheques.

A fresh viewpoint: Micr Code of the Bank

Credit: youtube.com, Axis Bank IFSC Code

The MICR code facilitates interbank transactions by providing standardized information for seamless banking and secure cheque verification across the banking system. This makes it easier for banks to process cheques quickly and accurately.

Here's a list of some other banks' IFSC codes, but note that we're focusing on Axis Bank in this article: SBI IFSC CodeHDFC IFSC CodeCanara Bank IFSC CodeIndian Bank IFSC CodeBank of Baroda IFSC CodeBank of India IFSC CodePNB IFSC codeAllahabad Bank IFSC CodeCentral Bank of India IFSC CodeAndhra Bank IFSC CodeUnion Bank of India IFSC CodeSyndicate Bank IFSC CodeIDBI IFSC CodeCitiBank IFSC Code

You can search for Axis Bank and MICR codes using online resources like IndiaLends, which provides information in a user-friendly format.

If this caught your attention, see: Axis Net Banking Com

Finding Your Bank's MICR Code

You can find your Axis Bank MICR code in a few easy ways. You can check your Axis Bank account statement, where the IFSC and MICR codes are usually mentioned on the first page.

A different take: Hdfc Bank Micr Code

Credit: youtube.com, Axis Bank IFSC Code: Tutorial

To search for Axis Bank IFSC & MICR codes, you can visit the official Axis bank website and use their branch locator tool. This will give you the MICR and IFSC codes for specific branches.

You can also log in to the Axis Bank mobile banking app, where you can access branch details, including MICR and IFSC codes, under account information or through the "Branch/ATM Locator."

The IFSC code is often printed on the top of the cheque leaf, and the MICR code can be found at the bottom near the cheque number on your cheque book.

You can also find the IFSC and MICR codes for any Axis Bank branch printed on the cheque books issued by the bank.

Here are some ways to search for Axis Bank IFSC & MICR codes:

  • Axis Bank Website
  • Mobile Banking App
  • Bank Statement
  • Cheque book
  • Reserve Bank of India (RBI) Website
  • Third-Party Financial Websites
  • Contact Axis Bank Customer Care

You can also use third-party financial websites such as BankBazaar or IFSC Code Finder to search for MICR and IFSC codes by entering the bank name and branch location.

Understanding MICR Code on Cheques

Credit: youtube.com, MICR Codes SBI ICICI Axis Bank HDFC Bank Datapedia

You can usually find your bank's MICR code on a cheque, specifically on the front page of your passbook or cheque book.

The MICR code is machine-readable, which means banking systems can quickly identify the destination branch when you deposit a cheque.

You won't need to use an MICR code when sending money online, as IFSC codes serve the same purpose in that context.

To find your MICR code, check your cheque book or passbook, just like you would for your IFSC code.

The MICR code helps identify bank branches, just like IFSC codes, but it's specifically used for cheque processing.

Expand your knowledge: How to Find Sort Code

Frequently Asked Questions

What is IFSC code for bank?

The IFSC code is an 11-digit unique code for each bank branch in India, used for online money transfers. It's a crucial code for NEFT, RTGS, and IMPS transactions.

Johnnie Parisian

Writer

Here is a 100-word author bio for Johnnie Parisian: Johnnie Parisian is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Johnnie has established herself as a trusted voice in the world of personal finance. Her expertise spans a range of topics, including home equity loans and mortgage debt consolidation strategies.

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