IFSC Code, MICR Codes for AXIS BANK in MADHYA PRADESH - INDORE - INDORE - MARIMATA SQUARE

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


IFSC Code

UTIB0002820

MICR Code

452211020

Branch

MARIMATA SQUARE

Contact

7509060492

Address

GROUND FLOOR 3 VIP ROAD NO 1 RAGHUVANSHI COLONY MAIN ROAD DISTT INDORE 452006

City

INDORE

District

INDORE

State

MADHYA PRADESH





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

UTIB0002820

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.