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ADHCHINI    1 Branches
ASAF ALI    1 Branches
ASHOKA NIKETAN    1 Branches
AVTAR ENCLAVE    1 Branches
AZADPUR, NEW DELHI    1 Branches
BALI NAGAR    1 Branches
BAWANA    1 Branches
BIJWASAN    1 Branches
BURARI    1 Branches
CHAWRI BAZAAR    1 Branches
CIVIL LINES    1 Branches
CONNAUGHT PLACE    1 Branches
DILSHAD GARDEN    1 Branches
DWARKA MOR    1 Branches
EAST PUNJABI BAGH    1 Branches
GAGAN VIHAR    1 Branches
GANDHI NAGAR    1 Branches
HAUZ KHAS II    1 Branches
HUDSON LINE    1 Branches
I P EXTENSION    1 Branches
INDERPURI    1 Branches
JANAK PURI B BLOCK    1 Branches
JASOLA    1 Branches
JUNGPURA    1 Branches
JYOTI NAGAR    1 Branches
KALKAJI, NEW DELHI    1 Branches
KAMLA NAGAR    2 Branches
KAPASHERA    1 Branches
KASHMERE GATE    1 Branches
LAXMI NAGAR    1 Branches
M P ENCLAVE    1 Branches
MAHIPALPUR    1 Branches
MAYUR VIHAR - I    1 Branches
MAYUR VIHAR III    1 Branches
MINISTRY OF DEFENCE    1 Branches
MUKHERJEE NAGAR    1 Branches
MUNDKA    1 Branches
NANGLOI    1 Branches
NARELA    1 Branches
NEW FRIENDS COLONY    1 Branches
PAHARGANJ    1 Branches
PASCHIM ENCLAVE    1 Branches
POOTH KALAN    1 Branches
PRASHANT VIHAR    1 Branches
PRIYADARSHINI VIHAR    1 Branches
PU BLOCK PITAMPURA    1 Branches
PUSHP VIHAR    1 Branches
ROHINI    2 Branches
ROHINI SECTOR 15    1 Branches
ROSHANARA ROAD    1 Branches
SAFDARJUNG ENCALVE    1 Branches
SEC 7 DWARKA    1 Branches
SECTOR 12B, DWARKA    1 Branches
SECTOR 24, ROHINI    1 Branches
SHAHDARA, DELHI    1 Branches
SHAKTINAGAR EXTN    1 Branches
SHASTRI NAGAR    1 Branches
SOUTH EXTENSION    1 Branches
TRI NAGAR    1 Branches
VASANT SQUARE    1 Branches
VISHWAS NAGAR    1 Branches
VIVEK VIHAR    1 Branches
WEST ENCLAVE    1 Branches
WEST PATEL NAGAR    1 Branches
YAMUNA VIHAR    1 Branches
ZAMROODPUR    1 Branches

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Rate Date : 23/06/24

We found 101 Branches available for AXIS BANK, DELHI, DELHI

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.