IFSC Code, MICR Codes for AXIS BANK in PUNJAB - SAS NAGAR - SAS NAGAR - MOHALI

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


IFSC Code

UTIB0002806

MICR Code

160211044

Branch

MOHALI

Contact

9356659132

Address

SCF 46 PHASE 11 SAS NAGAR 160062

City

SAS NAGAR

District

SAS NAGAR

State

PUNJAB





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

UTIB0002806

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.