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

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


IFSC Code

UTIB0002130

MICR Code

141211203

Branch

PAYAL

Contact

0

Address

GROUND FLOORMUNICIPAL ROAD NO 1915 MALERKOTLA ROAD PAYAL 141416 LUDHIANA PIN -141416

City

PAYAL

District

LUDHIANA

State

PUNJAB





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

UTIB0002130

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.