Axis Bank, MARKAPUR, PRAKASAM Branch IFSC Code

The IFSC code UTIB0002610 is assigned to Axis Bank, MARKAPUR located in PRAKASAM, ANDHRA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Axis Bank
IFSC Code UTIB0002610
MICR Code 523211202
Branch Code 002610
Branch MARKAPUR
City PRAKASAM
District MARKAPUR
State ANDHRA PRADESH
Address SNS RESIDENCY 9 5 6 GROUND FLOOR COLLEGE ROAD OPP SANTI CLINIC MARKAPUR PIN 523316 Maps
Contact +918595225477

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

UTIB Bank Code
0 Reserved (0)
002610 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

523 City Code
211 Bank Code
202 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code UTIB0002610 is the Indian Financial System Code assigned to Axis Bank, MARKAPUR branch in PRAKASAM, ANDHRA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PRAKASAM, MARKAPUR, ANDHRA PRADESH. The full address is: SNS RESIDENCY 9 5 6 GROUND FLOOR COLLEGE ROAD OPP SANTI CLINIC MARKAPUR PIN 523316

The branch code is 002610. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Axis Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 523211202. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: UTIB0002610
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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