IFSC Code, MICR Codes for AXIS BANK in TAMIL NADU - ERODE - SAKTHINAGAR - APPAKUDAL

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


IFSC Code

UTIB0001450

MICR Code

638211010

Branch

APPAKUDAL

Contact

0

Address

261 KAVAUNDAPADY MAIN ROAD APPAKUDAL SAKTHI NAGAR ERODE - 638315

City

SAKTHINAGAR

District

ERODE

State

TAMIL NADU





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

UTIB0001450

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.