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

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


IFSC Code

UTIB0001819

MICR Code

141211013

Branch

SAHNEWAL

Contact

0

Address

GROUND FLOORB-1 228 G.T. ROAD NEAR BUS STOP SAHNEWAL DISTT. LUDHIANA PUNJAB-141120

City

SAHNEWAL

District

LUDHIANA

State

PUNJAB





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

UTIB0001819

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.