IFSC Code of Axis Bank, MKB NAGAR, CHENNAI

UTIB0002942

BankAxis Bank
IFSC CodeUTIB0002942
Branch Code002942 (last six characters of IFSC)
BranchMKB NAGAR
City / DistrictCHENNAI
StateTAMIL NADU

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Axis Bank MKB NAGAR IFSC Code

The MKB NAGAR branch of Axis Bank located in CHENNAI, TAMIL NADU is identified by the IFSC code UTIB0002942. 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 UTIB0002942

  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 UTIB0002942 to identify the MKB NAGAR 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, MKB NAGAR?
The IFSC code is UTIB0002942.

What is the branch code?
The branch code is 002942, the last six characters of the IFSC code.