IFSC Code, MICR Codes for AXIS BANK in MADHYA PRADESH - BHOPAL - BHOPAL - KRISHNA MERCANTILE COOP BANK LTD

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


IFSC Code

UTIB0SKMCBL

MICR Code

462363002

Branch

KRISHNA MERCANTILE COOP BANK LTD

Contact

2558349

Address

43 ZONE 2 M P NAGAR BHOPAL 462011

City

BHOPAL

District

BHOPAL

State

MADHYA PRADESH





What is IFSC Code of AXIS BANK situated at KRISHNA MERCANTILE COOP BANK LTD- RTGS-HO?
IFSC Code of AXIS BANK situated at KRISHNA MERCANTILE COOP BANK LTD - RTGS-HO is

UTIB0SKMCBL

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.