IFSC Code
Axis Bank IFSC Code - Magam
Branch Details
How to Transfer Funds Using Axis Bank Magam IFSC Code?
You can transfer money electronically to the Axis Bank Magam branch using the IFSC code UTIB0005988. Follow this step-by-step transaction guide:
- Log in to your bank's official internet banking portal or open their mobile banking application.
- Navigate to the **'Fund Transfer'** or **'Add Beneficiary'** option.
- Enter the beneficiary's name and their account number.
- In the IFSC field, enter the 11-digit code UTIB0005988.
- The system will automatically verify the branch name as **Magam** located at Ground Floor, Magam, Tehsil Beerwah, Jammu And Kashmir.
- Confirm the beneficiary registration and choose your transfer method: **NEFT**, **RTGS**, or **IMPS**.
- Enter the amount you wish to transfer and complete the transaction securely via OTP verification.
Important: Always double check the account number and IFSC code before authorizing a transaction to avoid failures or incorrect deposits.
Frequently Asked Questions
1. What is the IFSC Code of Axis Bank Magam?
The IFSC Code of Axis Bank Magam is UTIB0005988. This 11-digit alphanumeric code is mandatory for all online fund transfers, including NEFT, RTGS, and IMPS.
2. What is the MICR Code for Axis Bank Magam?
The MICR Code for Axis Bank Magam is NA. It is a 9-digit code printed on the bottom of cheque leaves, used primarily for faster clearing of cheques.
3. Where is Axis Bank Magam located?
The branch is located at Ground Floor, Magam, Tehsil Beerwah, Jammu And Kashmir, in the city of Magam, Budgam district, Jammu And Kashmir.
4. How can I use the UTIB0005988 IFSC code?
You can use UTIB0005988 to transfer money electronically via internet banking or mobile apps. Simply add the beneficiary, enter their account number, name, and this IFSC code to initiate a secure NEFT, RTGS, or IMPS transaction.