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IFSC and MICR Code For Axis Bank Mp Nagar Zone Ii
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Krishna Mercantile Coop Bank Ltd
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Bhopal
| IFSC Code | UTIB0003634 |
|---|---|
| Bank |  AXIS BANK |
| Address | SCHEME NO 13, BANK STREET, ZONE II, MP NAGAR |
| City | BHOPAL |
| State | MADHYA PRADESH |
| Branch | MP NAGAR ZONE II |
| Phone Nuber | 7554934390 |
| Branch Code | SKMCBL |
| Micr Code | 462211022 |
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About Axis Bank
Axis Bank, , Mp Nagar Zone Ii IFSC code is UTIB0003634 & its MICR code is 462211022. Find Axis Bank, , Mp Nagar Zone Ii new address, contact details and branch code below
Also explore and search bank details, IFSC code and MICR code with Homes247 tool for Axis Bank IFSC codes
NEFT
National Electronic Funds Transfer
IMPS
Immediate Payment Service
RTGS
Real-Time Gross Settlement
IFSC codes in India are used for these three primary services. IFSC also helps in the Unified Payments Interface or UPI payment system as well.
An example of an IFSC Code will be SBIN0000AABB. Where the first four denote the bank, in this instance, SBI, and the last would be the branch.
How to find out the IFSC code?
One of the simplest ways to find out the IFSC code is by searching online. You can quickly source the branch codes through the reserve bank's official website or the bank's official website. It can also be found on the bank cheques or bank passbooks.
Advantage of IFSC codes?
IFSC code helps identify the right branches and banks, thereby eradicating errors.
What is MICR?
MICR, or Magnetic Ink Character Recognition, is a code that helps in processing the cheques faster by identifying the particular bank branch through Electronic Clearing System or ECR. MICR is printed on the cheques issued by the banks.
What is the structure of the MICR code?
MICR code contains 9 digits where the first three signifies the city, the second three digits indicates the bank (bank code), and the final three indicates the bank branch
What are the major differences between a IFSC code and MICR code?
| IFSC Code | MICR Code |
|---|---|
| The purpose of IFSC code is to help facilitate electronic transfer of funds | MICR code's purpose is to process cheques faster through ECR |
| IFSC codes has 11 alpha numeric characters | MICR has 9 digit code |
| The first 4 characters of IFSC is the Bank's code | The bank is signified by the 4th, 5th and 6th digits of the code |
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Most Frequently Asked Questions?
Let's Explore the Most Frequently Asked Questions on IFSC & MICR
Indian Financial System Code is the expanded form of the IFSC code.
We can identify the Bank from the first 4 characters of the IFSC code.
An IFSC code contains alphanumeric characters.
An IFSC code contains alphanumeric characters.
The major parts of the IFSC code are the bank code and branch code.
A SWIFT code is used for transferring funds on an International level.
The major electronic payment systems in India are NEFT, RTGS, IMPS, and UPI.
The Reserve Bank of India provides a unique 11-digit IFSC code to the banks.
There is no minimum amount you can transfer under NEFT under retail banking and corporate banking
The maximum amount you can transfer under NEFT under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.
INR 2 lakhs is the amount you can transfer under RTGS under retail banking.
The maximum amount you can transfer under RTGS under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.
In a vast country like India, there are numerous cities and towns with the same name, some of them even in the same district. Thus to correctly identify the right or the proper branch, IFSC codes can help out easily by dedicating a specific code for each branch.
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Why Row Houses Are Taking Over the Urban Landscape?
Why Row Houses Are Taking Over the Urban Landscape?
Why Row Houses Are Taking Over the Urban Landscape?
Why Row Houses Are Taking Over the Urban Landscape?
Why Row Houses Are Taking Over the Urban Landscape?
Why Row Houses Are Taking Over the Urban Landscape?
Why Row Houses Are Taking Over the Urban Landscape?
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The Ultimate Guide to Financial Planning for Home Purchase
The Ultimate Guide to Financial Planning for Home Purchase
The Ultimate Guide to Financial Planning for Home Purchase
The Ultimate Guide to Financial Planning for Home Purchase
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Goodbye BBMP: Bengaluru Welcomes the Greater Bengaluru Authority
Goodbye BBMP: Bengaluru Welcomes the Greater Bengaluru Authority
Goodbye BBMP: Bengaluru Welcomes the Greater Bengaluru Authority
Goodbye BBMP: Bengaluru Welcomes the Greater Bengaluru Authority
Goodbye BBMP: Bengaluru Welcomes the Greater Bengaluru Authority
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How to choose the right commercial property to buy?
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Property Management: Benefits, Types, Tips & More
Property Management: Benefits, Types, Tips & More
Property Management: Benefits, Types, Tips & More
Property Management: Benefits, Types, Tips & More
Property Management: Benefits, Types, Tips & More
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Why People Prefer 3 BHKs in Bangalore
Increased Demand for Villas in Bangalore
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BDA Moves ahead with Bangalore Peripheral Ring Road
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Whitefield's Top Landmarks
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The Luxury Restaurants in Bangalore
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Top Spas to Visit Near Sarjapur Road
Best Multispeciality Hospitals in Sarjapur Road
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A Unique Lifestyle: Varthur's Lakeside Communities
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Best Malls in East Bangalore Near Kasavanahalli
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Ambalipura Sarjapur Road Top Landmarks
Varthur- Emerging Micro Market of East Bangalore
Why Invest in Gunjur? - A Complete Guide
Top 10 Schools in Choodasandra
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Rental Yield: Key Factors That Affect Your Investment
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An Overview on HIG Flats in India
Exploring Land Pooling Scheme in India
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Underrated Neighbourhoods for Real Estate Investment in Bengaluru East
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Top 10 Construction Companies in Delhi
Best Real Estate Companies in Mumbai (2024)
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High Life - High Costs | Top 10 Costliest Cities in India
Top 10 Real Estate Builders in Bangalore 2024
Top Temple Towns in India - Spiritual Tourism To Transform Indian Real Estate
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Guide to rental receipts in India - all the information you require
Real Estate in East Bangalore
Sarjapur Road Before and After
Explore investment opportunities in Rayasandra.
Panathur - A Prime Destination
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Real Estate vs Stock Market: Comparative Evaluation
Real Estate vs Stock Market: Comparative Evaluation
Real Estate vs Stock Market: Comparative Evaluation
Real Estate vs Stock Market: Comparative Evaluation
Financial Growth: Fixed Deposits vs Real Estate
Financial Growth: Fixed Deposits vs Real Estate
Financial Growth: Fixed Deposits vs Real Estate
Financial Growth: Fixed Deposits vs Real Estate
Financial Growth: Fixed Deposits vs Real Estate
Types of Real Estate Investment
Types of Real Estate Investment
Types of Real Estate Investment
Types of Real Estate Investment
Top 15 Safest Cities in India to Live - Safest place in India
Top 10 Cheapest Cities to Live in India
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Pimpri Chinchwad's Top IT Companies
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MHADA Lottery: Your Gateway to Affordable Home Ownership
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Nilamagal 2024: How to check land records in Pondicherry
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PVC for Tenants in Bangalore: How to Get Tenant Police Verification Online?
All About IGRS Karnataka: Stamp Duty and Registration Fees
How can a tenant defend an eviction by the landlord?
Building Tomorrow, Sustainably Today: Real Estate for a Greener Future
All About Chennai International Airport(MAA)
National Highways in India - The Longest to the Oldest
An overview of Jamabandi Chandigarh Land Records
All About Palakkad-Kozhikode Greenfield Highway
E-Pauti Odisha 2023: Effortless Odisha Land Payments Unleashed!
Sanchaya Tax 2023: Streamlined Kerala Property Tax Payments!
HUDA Plot Scheme Unveiled: Your Gateway to Exclusive Residential Plots!
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Gunta - Land Measurement Unit in South India
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The ultimate guide to MahaRERA Registration and Project Search
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Andhra Pradesh RERA
Most Affordable Localities in Delhi
Godrej Properties Bangalore
House rentals in Pune
REIT Ways to Invest in India
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Ganga Expressway Project
An Overview of Bhoomi Portal
An Overview of Apna Khata Rajasthan
Growth of Commercial Real Estate in 2023
Changing Trends in Home Buying 2023 Q2 & Q3 - A Detailed Report
How does traffic influence the real estate sector?
Real Estate Potential of Ahmedabad
Gruha Lakshmi Scheme - Telangana Housing Board 2023
Real Estate Potential of Prayagraj
All about Kaveri 2.0 Online Services
Outer Ring Road Bangalore -2023
REIT versus Fractional Investment
The Rise of Rental Housing in India
Will India's Real Estate Market Crash?
All About JharBhoomi Portal - 2023
Buying an Agricultural Land in India
Rishikesh Real Estate -2023
Indore Cleanest City in India - 2023
AnyROR Gujarat Land Record
All About 7/12 Extract Document
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Real Estate News - 18th January 2023 to 25th January 2023
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Real Estate News - 25th October to 31st October 2022
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Top Metropolitan Cities of India
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Breaking 8 Myths of Renting a Home
12 Best Places to Rent a Home in Bangalore
Things to Do Before Listing your Home Up for Sale
Real Estate News - 19th October to 25th October 2021
An Overview of Bengaluru Mysuru Expressway
An Overview of CIDCO Maharashtra - 2024
Registered Mortgage Vs Equitable Mortgage
An Overview of Indian Bhu Naksha Records
Overview of YEIDA City: The Yamuna Expressway City Project
All About the Bangalore Development Authority(BDA)
What are Possession & Occupancy Certificates?
5 Best Places to Live & Settle Down in Kochi
10 Major Statutory Approvals & Standards You May Not Know About
7 Best Places to Live and Settle in Delhi
Spectacular Residential Projects in Hyderabad
Top 7 Places to Live & Settle in Mumbai
11 Best Places to Live and Settle in Hyderabad
Real Estate Industry After the Second Wave
All about Model Tenancy Act 2021
Akrama Sakrama Scheme by Government of Karnataka
What is Benami Property Act and its Impact on Real Estate?
How Covid 19 has affected Co-Living Sector?
Conveyance Deed and other Major Types of Deeds
What is Circle Rate? And Why is it Important?
Life Mission Kerala:Affordable Housing Scheme
Importance of Home Insurance for Home-buyers
Best Architects in India
The Need And Importance Of Housing Societies In India
Penthouse Meaning & Definition?
How to Track Pradhan Mantri Awas Yojana(PMAY)?
Bigha: Popular unit of measurement in India.
E Aasthi - All about the BBMP Property Database
Bruhat Bengaluru Mahanagara Pallike (BBMP)
Standard measurement units in India
Meebhoomi- Andhra Pradesh Land Records
Leasehold & Freehold Property
Karnataka State Government's Basava Vasati Yojana
Difference between Mortgagee and Mortgagor
All you need to know about Patwari!
The procedure for K RERA Registration & RERA Complaints
An Overview of Indian Greenfield Cities
Importance of Real Estate Brokers and Agents
How to deal with Real Estate Scams in India?
An Overview of PM SWAMITVA Yojana
Scope of Real Estate Investments in Satellite Cities of India
7 Factors Affecting Market Value of Property - An Overview
Fourth Industrial Revolution: The Role Of Indian Real Estate
Top 10 Real Estate Builders and Developers in Bangalore
Future of Indian Economy 2020 : Impact of COVID-19 on Real Estate
Return On Investment(ROI) In Real Estate
Increase In Sales Of Unsold Properties-The Real Estate Market
NAA Rules Lower GST Benefits Must Reach Homebuyers
List of Top 10 Builders in Bangalore
Major Risks in Real Estate Investments
Growth rate of Real Estate
Benefits of Property Investment in Real Estate
Best Time to Invest in Real Estate
Earn Money by Investing in Real Estate
Overview of Real Estate in India 2023
RERA Act : Benefits of Home Buyers to Invest in Ongoing Projects
The RERA act and its benefits to HomeBuyers
New GST reforms in effect Deadline set for choice of GST
Overview of Real Estate Market in 2019
Capital gains Tax on long term Investments in Real Estate
Real Estate Investment Trusts (REITs)
Top 12 reasons to Invest in Real Estate
CREDAI EXPO Bangalore
GST On Real Estate Reduced For Homes and Under Construction Projects
