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Axis Bank - KOMPALLY

Details about the IFSC1 UTIB0000702:

Bank: Axis Bank
Bank Branch: KOMPALLY (IN-AP)
Country: India
District/State: NALGONDA / ANDHRA PRADESH
City: KOMPALLY
IFSC:1 UTIB0000702
MICR:2 500211019




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.