IFSC Code, MICR Codes for AXIS BANK in TAMIL NADU - SALEM - SALEM - SALEM (TAMIL NADU)

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


IFSC Code

UTIB0000170

MICR Code

NA

Branch

SALEM (TAMIL NADU)

Contact

0

Address

DOOR NO.115-1ASHARPTRONICS SHOPPING COMPLEX (OPP. TO TVS)

City

SALEM

District

SALEM

State

TAMIL NADU





What is IFSC Code of AXIS BANK situated at SALEM (TAMIL NADU)- RTGS-HO?
IFSC Code of AXIS BANK situated at SALEM (TAMIL NADU) - RTGS-HO is

UTIB0000170

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.