IFSC Code, MICR Codes for AXIS BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - PRAKASH NAGAR

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


IFSC Code

UTIB0001454

MICR Code

500211041

Branch

PRAKASH NAGAR

Contact

0

Address

501 NAIK'S VIJAYASRI NIVAS H.NO.1-11-255BEGUMPET ROAD NO. 1 (BESIDE BEGUMPET AIRPORT )SP ROAD HYDERABAD ANDHRA PRADESH PIN 500016.

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





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

UTIB0001454

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.