IFSC Code, MICR Codes for AXIS BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - MARGOSA ROAD

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


IFSC Code

UTIB0002481

MICR Code

560211054

Branch

MARGOSA ROAD

Contact

23468974

Address

147 BY 7 MARGOSA ROADPIN 560003

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

UTIB0002481

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.