IFSC Code, MICR Codes for AXIS BANK in ANDHRA PRADESH - KRISHNA - GANNAVARAM - GANNAVARAM

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


IFSC Code

UTIB0002626

MICR Code

520211622

Branch

GANNAVARAM

Contact

9949114771

Address

D NO 6 84 NH 5 G N T ROAD GANNAVARAM KRISHNA DIST 521101

City

GANNAVARAM

District

KRISHNA

State

ANDHRA PRADESH





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

UTIB0002626

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.