IFSC Code, MICR Codes for AXIS BANK in PUNJAB - LUDHIANA - LUDHIANA - FEROZEPUR ROAD LUDHIANA

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


IFSC Code

UTIB0001861

MICR Code

141211014

Branch

FEROZEPUR ROAD LUDHIANA

Contact

0

Address

GROUND FLOOR #457-GBRS NAGAR DISTT. LUDHIANA-141001 PUNJAB

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of AXIS BANK situated at FEROZEPUR ROAD LUDHIANA- RTGS-HO?
IFSC Code of AXIS BANK situated at FEROZEPUR ROAD LUDHIANA - RTGS-HO is

UTIB0001861

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.