Axis Bank IFSC Code
PEN Branch, PEN, PEN, Maharashtra
The official Indian Financial System Code (IFSC) for Axis Bank, PEN branch in PEN, Maharashtra is UTIB0000774. The MICR code for cheque clearance is 402211999.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Axis Bank
- Branch Name
- PEN
- MICR Code
- City / District
- PEN (PEN)
- State
- Maharashtra
- Postal Pincode
- 402107
GROUND FLOOR, CENTRE POINT CHINCHPADA, PEN DIST. RAIGAD, PIN 402107 MAHARASHTRA, Pincode: 402107
How to Read IFSC Code: UTIB0000774
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Axis Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Axis Bank (UTIB0000774)
What is the IFSC Code for Axis Bank PEN branch?
The IFSC Code for Axis Bank PEN branch in PEN, Maharashtra is UTIB0000774. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Axis Bank PEN branch?
The branch is located at: GROUND FLOOR, CENTRE POINT CHINCHPADA, PEN DIST. RAIGAD, PIN 402107 MAHARASHTRA, Pincode: 402107, PEN, Maharashtra.
What is the MICR Code for Axis Bank PEN?
The MICR Code for electronic cheque clearing at Axis Bank PEN is 402211999.
How to decipher the IFSC code UTIB0000774?
The first 4 characters 'UTIB' represent Axis Bank. The 5th character is '0' reserved for future use. The last 6 characters '000774' represent the specific PEN branch code.
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