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

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


IFSC Code

UTIB0002596

MICR Code

560211055

Branch

NEW BEL ROAD

Contact

23604840

Address

S NO 44 NO2 MS COMPLEX RMV II STAGE

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

UTIB0002596

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.