IFSC Code, MICR Codes for AXIS BANK in ANDAMAN AND NICOBAR ISLAND - ANDAMAN - PORT BLAIR - PORTBLAIR

AXIS BANK RTGS HO Branch in PORT BLAIR - Address, IFSC, MICR Code


IFSC Code

UTIB0000157

MICR Code

744211002

Branch

PORTBLAIR

Contact

0

Address

5 MIDDLE POINT

City

PORT BLAIR

District

ANDAMAN

State

ANDAMAN AND NICOBAR ISLAND





What is IFSC Code of AXIS BANK situated at PORTBLAIR- RTGS-HO?
IFSC Code of AXIS BANK situated at PORTBLAIR - RTGS-HO is

UTIB0000157

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.