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Axis Bank - SRINAGAR COLONY (HYDERABAD)

Details about the IFSC1 UTIB0000425:

Bank: Axis Bank
Bank Branch: SRINAGAR COLONY (HYDERABAD) (IN-AP)
Country: India
District/State: HYDERABAD URBAN / ANDHRA PRADESH
City: HYDERABAD
IFSC:1 UTIB0000425
MICR:2 500211011




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.