IFSC Code, MICR Codes for AXIS BANK in MADHYA PRADESH - BETUL - SHAHAPURA - SHAHAPURA

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


IFSC Code

UTIB0001397

MICR Code

482211501

Branch

SHAHAPURA

Contact

0

Address

AXIS BANK LTD SHAHPURA BRANCH GR. FLOOR OPP. BSNL OFFICE JABALPUR ROAD SHAHPURA - 481 990. MADHYA PRADESH

City

SHAHAPURA

District

BETUL

State

MADHYA PRADESH





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

UTIB0001397

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.