IFSC Code, MICR Codes for AXIS BANK in TELANGANA - KHAMMAM - KHAMMAM - GANDHI CHOWK KHAMMAM

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


IFSC Code

UTIB0002876

MICR Code

507211003

Branch

GANDHI CHOWK KHAMMAM

Contact

243120

Address

22228 TO 22232 GANDHI CHOWK KHAMMAM 507003

City

KHAMMAM

District

KHAMMAM

State

TELANGANA





What is IFSC Code of AXIS BANK situated at GANDHI CHOWK KHAMMAM- RTGS-HO?
IFSC Code of AXIS BANK situated at GANDHI CHOWK KHAMMAM - RTGS-HO is

UTIB0002876

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.