IFSC Code, MICR Codes for AXIS BANK in PUNJAB - PATIALA - PATIALA - SIRHIND ROAD PATIALA

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


IFSC Code

UTIB0001116

MICR Code

147211003

Branch

SIRHIND ROAD PATIALA

Contact

0

Address

GROUND & FIRST FLOORS SCF NO.1&2 DLF COLONY SIRHIND ROAD PATIALA PUNJAB PIN 147004

City

PATIALA

District

PATIALA

State

PUNJAB





What is IFSC Code of AXIS BANK situated at SIRHIND ROAD PATIALA- RTGS-HO?
IFSC Code of AXIS BANK situated at SIRHIND ROAD PATIALA - RTGS-HO is

UTIB0001116

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.