IFSC Code, MICR Codes for AXIS BANK in MADHYA PRADESH - CHHINDWARA - PARASIA - DONGAR PARASIA CHW MP

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


IFSC Code

UTIB0002594

MICR Code

480211501

Branch

DONGAR PARASIA CHW MP

Contact

9303473845

Address

GROUND FLOOR OPP JANPAD OFFICE JUNARDEO ROAD DONGAR PARASIA PIN 480441

City

PARASIA

District

CHHINDWARA

State

MADHYA PRADESH





What is IFSC Code of AXIS BANK situated at DONGAR PARASIA CHW MP- RTGS-HO?
IFSC Code of AXIS BANK situated at DONGAR PARASIA CHW MP - RTGS-HO is

UTIB0002594

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.