IFSC Code, MICR Codes for AXIS BANK in ANDHRA PRADESH - KARIMNAGAR - RAMAGUNDAM - RAMAGUNDAM

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


IFSC Code

UTIB0000868

MICR Code

505211302

Branch

RAMAGUNDAM

Contact

0

Address

5-1-125 RAJIV ROAD JYOTHI NAGAR NTPC RAMAGUNDAM DIST. KARIMNAGAR ANDHRA PRADESH PIN 505215

City

RAMAGUNDAM

District

KARIMNAGAR

State

ANDHRA PRADESH





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

UTIB0000868

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.