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Axis Bank

Here is the IFSC & MICR Codes of Axis Bank, ADDANKI, ADDANKI, ANDHRA PRADESH. Also get the latest address, contact number of Axis Bank, ADDANKI.

Branch: ADDANKI
Address: S NO 1096E1A DOOR NO 291 MUNICIPALITY ROAD ADDANKI PRAKSAM DIST AP 523201
Contact: +918593223322
Bank Code: UTIB
MICR: 523211642
IFSC Code: UTIB0002807

Frequently asked questions

What's the IFSC Code of ADDANKI, Axis Bank?: The IFSC Code of ADDANKI, Axis Bank is UTIB0002807.
What's the Address of ADDANKI, Axis Bank?: The Address of ADDANKI, Axis Bank is S NO 1096E1A DOOR NO 291 MUNICIPALITY ROAD ADDANKI PRAKSAM DIST AP 523201.
What's the MICR Code of ADDANKI, Axis Bank?: The MICR Code of ADDANKI, Axis Bank is 523211642.
What's the Contact of ADDANKI, Axis Bank?: The Contact of ADDANKI, Axis Bank is +918593223322.
What's the District ADDANKI, Axis Bank falls under?: The District ADDANKI, Axis Bank falls under is PRAKASAM.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).