IFSC Code, MICR Codes for AXIS BANK in MADHYA PRADESH - KHARGONE - SANAWAD - SANAWAD

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


IFSC Code

UTIB0002822

MICR Code

451211201

Branch

SANAWAD

Contact

887805033

Address

UPPER GR FLOOR KHASRA NO 508 PEIKI WARD NO 16 KHANDWA MAIN ROAD SANAWAD 451111 DIST KHARGONE

City

SANAWAD

District

KHARGONE

State

MADHYA PRADESH





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

UTIB0002822

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.