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

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


IFSC Code

UTIB0002744

MICR Code

500211056

Branch

HYDERNAGAR

Contact

23153606

Address

H NO1621154 P NO 2 MIG SY NO 143 AND 144 PHASE II DHARMA REDDY COLONY HYDERNAGAR HYDERABAD 500085

City

HYDERABAD

District

HYDERABAD

State

TELANGANA





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

UTIB0002744

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.