IFSC Code, MICR Codes for AXIS BANK in TELANGANA - HYDERABAD - HYDERABAD - VANASTHALIPURAM

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


IFSC Code

UTIB0002738

MICR Code

500211055

Branch

VANASTHALIPURAM

Contact

24113411

Address

DOOR 551189 SY NO 15P PLOT NO 2A3B SAHEB NAGAR KHURD HAYATH NAGAR M L B NAGAR VANASTHALIPURAM 500070

City

HYDERABAD

District

HYDERABAD

State

TELANGANA





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

UTIB0002738

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.