IFSC Code, MICR Codes for AXIS BANK in TELANGANA - KHAMMAM - KHAMMAM - STAMBADRI COOP URBAN BANK

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


IFSC Code

UTIB0SSTM01

MICR Code

507847002

Branch

STAMBADRI COOP URBAN BANK

Contact

258754

Address

9371 ERR COMPLEX STATION ROAD KHAMMAM 507001

City

KHAMMAM

District

KHAMMAM

State

TELANGANA





What is IFSC Code of AXIS BANK situated at STAMBADRI COOP URBAN BANK- RTGS-HO?
IFSC Code of AXIS BANK situated at STAMBADRI COOP URBAN BANK - RTGS-HO is

UTIB0SSTM01

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.