IFSC Code, MICR Codes for AXIS BANK in ANDHRA PRADESH - NALGONDA - KOMPALLY - KOMPALLY

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


IFSC Code

UTIB0000702

MICR Code

500211019

Branch

KOMPALLY

Contact

0

Address

SREE VENSAI TOWERS G1 NO.107 & 108 UPPER GROUND FLOOR & FIRST FLOOR VARUNA BLOCK SY NO. 128 KOMPALLY 500 014 DIST. RANGAREDDY ANDHRA PRADESH

City

KOMPALLY

District

NALGONDA

State

ANDHRA PRADESH





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

UTIB0000702

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.