Axis Bank, HEGDENAGAR, BANGALORE Branch IFSC Code

The IFSC code UTIB0002980 is assigned to Axis Bank, HEGDENAGAR located in BANGALORE, KARNATAKA. 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 UTIB0002980
MICR Code 560211066
Branch Code 002980
Branch HEGDENAGAR
City BANGALORE
District BANGALORE
State KARNATAKA
Address NO 149 80 FT ROAD SHIVARAM KARANTH NAGAR POST HEGDE NAGAR OFF THANISANDRA MAIN ROAD BANGALORE 560077 Maps
Contact +918028445805

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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)
002980 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.

560 City Code
211 Bank Code
066 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 UTIB0002980 is the Indian Financial System Code assigned to Axis Bank, HEGDENAGAR branch in BANGALORE, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BANGALORE, BANGALORE, KARNATAKA. The full address is: NO 149 80 FT ROAD SHIVARAM KARANTH NAGAR POST HEGDE NAGAR OFF THANISANDRA MAIN ROAD BANGALORE 560077

The branch code is 002980. 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 560211066. 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: UTIB0002980
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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