IFSC Code Details

Axis Bank Magam IFSC Code UTIB0005988

Branch
MAGAM
NEFT RTGS IMPS
IFSC CODE
UTIB0005988

AXIS BANK - MAGAM Details

Bank Name AXIS BANK
IFSC Code UTIB0005988 Use for NEFT, RTGS, IMPS
MICR Code 193211002
Branch Name MAGAM
Address GROUND FLOOR, MAGAM, TEHSIL BEERWAH, JAMMU AND KASHMIR
City MAGAM
District BUDGAM
State JAMMU AND KASHMIR
Contact Number 7051333561

About AXIS BANK in MAGAM

Looking for the IFSC Code of AXIS BANK, MAGAM branch? The code is UTIB0005988.

This branch is situated at GROUND FLOOR, MAGAM, TEHSIL BEERWAH, JAMMU AND KASHMIR in MAGAM district of JAMMU AND KASHMIR.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to AXIS BANK MAGAM branch, you need to provide the beneficiary's account number and this IFSC code (UTIB0005988) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code UTIB0005988 can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

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AXIS BANK in MAGAM

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