IFSC Code, MICR Codes for AXIS BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - BDB BRANCHBANDRA

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


IFSC Code

UTIB0001586

MICR Code

400211099

Branch

BDB BRANCHBANDRA

Contact

0

Address

BLOCK D1 EAST SIDE BHARAT DIAMOND BOURSE BANDRA EAST MUMBAI-400053

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

UTIB0001586

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.