IFSC Code, MICR Codes for AXIS BANK in TAMIL NADU - COIMBATORE - KARAMADAI - KARAMADAI

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


IFSC Code

UTIB0001402

MICR Code

641211009

Branch

KARAMADAI

Contact

0

Address

19 KNP ROAD KARAMADAI 641104

City

KARAMADAI

District

COIMBATORE

State

TAMIL NADU





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

UTIB0001402

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.