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

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


IFSC Code

UTIB0001922

MICR Code

500211051

Branch

MOTINAGAR

Contact

0

Address

H.NO.8-3-167/K/13/B KALYAN NAGAR?

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





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

UTIB0001922

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.