IFSC Code, MICR Codes for AXIS BANK in KARNATAKA - GULBARGA - SEDAM - SEDAM

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


IFSC Code

UTIB0001332

MICR Code

585211402

Branch

SEDAM

Contact

0

Address

KARBA COMPLEXH.NO.3-10-168/3-9-44MAIN ROADSEDAMDIST. GULBARGAKARNATAKAPIN 585222

City

SEDAM

District

GULBARGA

State

KARNATAKA





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

UTIB0001332

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.