IFSC Code, MICR Codes for AXIS BANK in PUNJAB - PATIALA - LALRU - BALLOPUR

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


IFSC Code

UTIB0001638

MICR Code

160211018

Branch

BALLOPUR

Contact

0

Address

GROUND FLOOR KHEWAT/ KHATAUNI NO.8/104/12-14 KHASRA NO.743 (0-10)PO: LALRU TEHSIL: DERABASSIDIST. MOHALI VILLAGE.BALLOPURPUNJAB PIN 140501

City

LALRU

District

PATIALA

State

PUNJAB





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

UTIB0001638

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.