IFSC Code, MICR Codes for AXIS BANK in PUNJAB - PATIALA - DERA BASSI - CHATT

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


IFSC Code

UTIB0001663

MICR Code

160211017

Branch

CHATT

Contact

0

Address

GROUND FLOOR CHATTBIR ZOO ROAD TEHSIL DERABASSI DISTT MOHALI VILLAGE ?

City

DERA BASSI

District

PATIALA

State

PUNJAB





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

UTIB0001663

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.