IFSC Code, MICR Codes for AXIS BANK in TELANGANA - HYDERABAD - HYDERABAD - MEHDIPATNAM JUNCTION ROAD

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


IFSC Code

UTIB0002922

MICR Code

505211057

Branch

MEHDIPATNAM JUNCTION ROAD

Contact

23522224

Address

SAFA ARCADE COMMERCIAL MEHDIPATNAM HUMAYUN NAGAR HYDERABAD 500028 TELANGANA

City

HYDERABAD

District

HYDERABAD

State

TELANGANA





What is IFSC Code of AXIS BANK situated at MEHDIPATNAM JUNCTION ROAD- RTGS-HO?
IFSC Code of AXIS BANK situated at MEHDIPATNAM JUNCTION ROAD - RTGS-HO is

UTIB0002922

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.