IFSC Code of Axis Bank, MAJALGAON, BEED

UTIB0005862

BankAxis Bank
IFSC CodeUTIB0005862
Branch Code005862 (last six characters of IFSC)
BranchMAJALGAON
City / DistrictBEED
StateMAHARASHTRA

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Axis Bank MAJALGAON IFSC Code

The MAJALGAON branch of Axis Bank located in BEED, MAHARASHTRA is identified by the IFSC code UTIB0005862. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using UTIB0005862

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code UTIB0005862 to identify the MAJALGAON branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Axis Bank, MAJALGAON?
The IFSC code is UTIB0005862.

What is the branch code?
The branch code is 005862, the last six characters of the IFSC code.