UTIB0003395 IFSC Code for Axis Bank Kaalamma Street Ballari branch located at Karnataka state, Ballari district, and branch Address is Kvm Arcade T S No 282 283 Ward No 15 Block No 5 Kaalamma Street Bangalore Rd Ballari 583101, Branch Contact numbers 276772 Branch code is 003395 last six characters of the IFSC Code.
Branch Information Last updated Oct 18, 2017
IFSC: UTIB0003395
MICR:
583211103
Branch Code: 003395
Address: KVM ARCADE T S NO 282 283 WARD NO 15 BLOCK NO 5 KAALAMMA STREET BANGALORE RD BALLARI 583101
Contact: 276772
Map Location of Ballari, Karnataka
What is IFSC Code UTIB0003395?
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 : (UTIB0003395) 11 alpha numeric characters code assigned by Reserve Bank of India to Axis Bank Kaalamma Street Ballari Branch
- First 4 characters represent the entity (UTIB0003395)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0003395)
- Last 6 character denotes the branch identity (ICIC0003395)
What is MICR Code 583211103?
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 583211103 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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