Axis Bank MAGAM Branch IFSC Code
UTIB 0005988
Axis Bank MAGAM — BUDGAM, JAMMU AND KASHMIR
MICR: 193211002
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Axis Bank
- Branch
- MAGAM
- IFSC Code
- UTIB0005988
- MICR Code
- 193211002
- City
- BUDGAM
- District
- MAGAM
- State
- JAMMU AND KASHMIR
- Contact
- +917051333561
How to Use This IFSC Code
NEFT Transfer
Use IFSC code UTIB0005988 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code UTIB0005988.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code UTIB0005988.
IFSC Code Structure
U
T
I
B
0
0
0
5
9
8
8
- UTIB — Bank code (Axis Bank)
- 0 — Reserved (always 0)
- 005988 — Branch code (MAGAM)
Nearby Axis Bank Branches in BUDGAM
View all Axis Bank branches in BUDGAM →Frequently Asked Questions
Is UTIB0005988 valid for online transfer?
Yes, UTIB0005988 is a valid IFSC code for Axis Bank MAGAM branch in BUDGAM, JAMMU AND KASHMIR. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does UTIB0005988 belong to?
UTIB0005988 belongs to Axis Bank. The first 4 characters "UTIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Axis Bank MAGAM is 193211002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using UTIB0005988?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.