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UTIB0001227 IFSC Code for Axis Bank Paralakhemundi branch located at Odisha state, Gajapati district, Parlakhemundi, and branch Address is Besides Shree Krishna Talkies, Main Road, Near New Bus Stand, Paralakhemundi -761200, Branch Contact numbers 06815-222260/460/120 06815-222520 Branch code is 001227 last six characters of the IFSC Code.
Bank Information

Axis Bank
Phone: 1800 233 5577
email: [email protected]
Web: www.axisbank.com

» View All Banks List in Parlakhemundi
Branch Information Last updated May 29, 2013
IFSC: UTIB0001227
MICR: 761211102
Branch Code: 001227
District: GAJAPATI
State: ODISHA
Address: BESIDES SHREE KRISHNA TALKIES, MAIN ROAD, NEAR NEW BUS STAND, PARALAKHEMUNDI -761200
Contact: 06815-222260/460/120 06815-222520
Map Location of Parlakhemundi, Gajapati, Odisha
Paralakhemundi
Paralakhemundi
Paralakhemundi
What is IFSC Code UTIB0001227?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.

IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.

  • The code consists of 11 Characters : (UTIB0001227) 11 alpha numeric characters code assigned by Reserve Bank of India to Axis Bank Paralakhemundi Branch
  • First 4 characters represent the entity (UTIB0001227)
  • Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0001227)
  • Last 6 character denotes the branch identity (ICIC0001227)

What is MICR Code 761211102?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too. The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 761211102 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.

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