IFSC Code, MICR Codes for AXIS BANK in PUNJAB - LUDHIANA - GILL - RANIAN

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


IFSC Code

UTIB0001983

MICR Code

141211016

Branch

RANIAN

Contact

0

Address

AXIS BANK LIMITED GROUND FLOOR NEAR BUS STAND GILL ROAD VILLAGE RANIAN-141116 DISTT. LUDHIANA PUNJAB

City

GILL

District

LUDHIANA

State

PUNJAB





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

UTIB0001983

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.