IFSC Code, MICR Codes for AXIS BANK in KARNATAKA - BAGALKOTE - ILKAL - ILKAL COOPERATIVE BANK LTD

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


IFSC Code

UTIB0SICB25

MICR Code

587855501

Branch

ILKAL COOPERATIVE BANK LTD

Contact

272925

Address

NEAR BASAVANGUDI ILKAL 587125

City

ILKAL

District

BAGALKOTE

State

KARNATAKA





What is IFSC Code of AXIS BANK situated at ILKAL COOPERATIVE BANK LTD- RTGS-HO?
IFSC Code of AXIS BANK situated at ILKAL COOPERATIVE BANK LTD - RTGS-HO is

UTIB0SICB25

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.