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

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


IFSC Code

UTIB0001320

MICR Code

585211501

Branch

SHAHPUR

Contact

0

Address

VEERABHADRESWARA NILAYABIDAR-BANGALORE ROADSHAHPURDIST.GULBARGAKARNATAKAPIN 585223

City

SHAHPUR

District

BETUL

State

MADHYA PRADESH





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

UTIB0001320

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.