IFSC Code, MICR Codes for AXIS BANK in CHANDIGARH - RAIPUR - RAIPUR - DEVENDRA NAGAR

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


IFSC Code

UTIB0001508

MICR Code

492211006

Branch

DEVENDRA NAGAR

Contact

0

Address

JAIL ROAD PS:DEVENDRA NAGAR RAIPURCHATTISAGARHPIN 492001

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





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

UTIB0001508

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.