IFSC Code, MICR Codes for AXIS BANK in KARNATAKA - BIDAR - BASAVAKALYAN - BASAVAKALYAN

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


IFSC Code

UTIB0001549

MICR Code

585211502

Branch

BASAVAKALYAN

Contact

0

Address

AXIS BANK LTD BESIDE HOLKUNDE HOSPITAL MAIN ROAD BASAVAKALYAN TOWN - 585327

City

BASAVAKALYAN

District

BIDAR

State

KARNATAKA





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

UTIB0001549

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.