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

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


IFSC Code

UTIB0002512

MICR Code

452211017

Branch

PALDA

Contact

7554097913

Address

105SHRI RAM NAGARNEMAWAR MAIN ROAD PALDADISTRICT INDOREPIN 452001

City

PALDA

District

INDORE

State

MADHYA PRADESH





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

UTIB0002512

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.