IFSC Code, MICR Codes for AXIS BANK in KARNATAKA - BANGALORE RURAL - HOSKOTE - HOSAKOTE

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


IFSC Code

UTIB0001202

MICR Code

560211031

Branch

HOSAKOTE

Contact

0

Address

DOOR NO. 236 OLD MADRAS ROAD NH 4 HOSKOTE - 562 114. BANGALORE

City

HOSKOTE

District

BANGALORE RURAL

State

KARNATAKA





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

UTIB0001202

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.