IFSC Code, MICR Codes for AXIS BANK in ANDHRA PRADESH - SRIKAKULAM - RAJAM - RAJAM

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


IFSC Code

UTIB0001328

MICR Code

532211152

Branch

RAJAM

Contact

0

Address

RAJAM NAGARAJAMANDHRA PRADESH532127

City

RAJAM

District

SRIKAKULAM

State

ANDHRA PRADESH





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

UTIB0001328

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.