TheBankCodes.com

Axis Bank - RAMAGUNDAM

Details about the IFSC1 UTIB0000868:

Bank: Axis Bank
Bank Branch: RAMAGUNDAM (IN-AP)
Country: India
District/State: KARIMNAGAR / ANDHRA PRADESH
City: RAMAGUNDAM
Address: 5-1-125, RAJIV ROAD, JYOTHI NAGAR, NTPC, RAMAGUNDAM, DIST. KARIMNAGAR ANDHRA PRADESH, PIN 505215
IFSC:1 UTIB0000868
MICR:2 505211302




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.