TheBankCodes.com

Axis Bank - HITECH CITY

Details about the IFSC1 UTIB0005040:

Bank: Axis Bank
Bank Branch: HITECH CITY (IN-TG)
Country: India
District/State: HYDERABAD / TELANGANA
City: RANGA REDDY
Contact: +917477007321
IFSC:1 UTIB0005040
MICR:2 500211107




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.