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Axis Bank - MEDCHAL

Details about the IFSC1 UTIB0002592:

Bank: Axis Bank
Bank Branch: MEDCHAL (IN-AP)
Country: India
District/State: RANGA REDDY / ANDHRA PRADESH
City: MEDCHAL
Contact: +918418220127
IFSC:1 UTIB0002592
MICR:2 500211054




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.