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UTIB0005988

Axis Bank

Branch

MAGAM

City

BUDGAM

State

JAMMU AND KASHMIR

Branch Details

IFSC CodeUTIB0005988
BankAxis Bank
BranchMAGAM
AddressGROUND FLOOR, MAGAM, TEHSIL BEERWAH, JAMMU AND KASHMIR
CityBUDGAM
DistrictMAGAM
StateJAMMU AND KASHMIR

What does UTIB0005988 mean?

UTIB0005988
UTIB — Bank code. Identifies Axis Bank. All branches of Axis Bank share this prefix.
0 — Reserved character. Always zero in every IFSC code in India.
005988 — Branch code. Uniquely identifies the MAGAM branch within Axis Bank.

Transfer Methods

NEFT (not supported)
RTGS (not supported)
IMPS (not supported)

How to use this IFSC code

1

Open your bank's app or net banking

Go to Fund Transfer or Add Beneficiary.

2

Enter the recipient's account number

Double-check every digit — transfers cannot be reversed.

3

Enter IFSC code UTIB0005988

Select Axis Bank and enter UTIB0005988 for the MAGAM branch.

4

Choose transfer method

Use NEFT for transfers up to ₹2 lakh, RTGS for ₹2 lakh and above.

Other Axis Bank branches

Frequently Asked Questions

Which bank branch does IFSC code UTIB0005988 belong to?
IFSC code UTIB0005988 belongs to Axis Bank, MAGAM branch, located at GROUND FLOOR, MAGAM, TEHSIL BEERWAH, JAMMU AND KASHMIR, BUDGAM, JAMMU AND KASHMIR.
What is the MICR code for UTIB0005988?
The MICR code is not available for UTIB0005988.
Does UTIB0005988 support NEFT, RTGS, and IMPS transfers?
Axis Bank MAGAM (UTIB0005988): NEFT — not supported; RTGS — not supported; IMPS — not supported.
What does the code UTIB mean in IFSC UTIB0005988?
The first four characters UTIB identify Axis Bank. The fifth character is always 0. The last six characters 005988 identify the specific branch.

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