Axis Bank, CTS GRID OPERATIONS HYDERABAD

Here is the IFSC & MICR Codes of Axis Bank, CTS GRID OPERATIONS HYDERABAD, GHATKESAR, ANDHRA PRADESH. Also get the latest address, contact number of Axis Bank, CTS GRID OPERATIONS HYDERABAD.

IFSC Code: UTIB0002568
Branch: CTS GRID OPERATIONS HYDERABAD
Address: BLDNG NO 17, 5TH FL, RAHEJA MINDSPACE PARK , GHATKESAR MDL, HYDERABAD 500088
Bank Code: UTIB
MICR: 500211998

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Frequently asked questions

What's the IFSC Code of CTS GRID OPERATIONS HYDERABAD, Axis Bank?: The IFSC Code of CTS GRID OPERATIONS HYDERABAD, Axis Bank is UTIB0002568.
What's the Address of CTS GRID OPERATIONS HYDERABAD, Axis Bank?: The Address of CTS GRID OPERATIONS HYDERABAD, Axis Bank is BLDNG NO 17, 5TH FL, RAHEJA MINDSPACE PARK , GHATKESAR MDL, HYDERABAD 500088.
What's the MICR Code of CTS GRID OPERATIONS HYDERABAD, Axis Bank?: The MICR Code of CTS GRID OPERATIONS HYDERABAD, Axis Bank is 500211998.
What's the District CTS GRID OPERATIONS HYDERABAD, Axis Bank falls under?: The District CTS GRID OPERATIONS HYDERABAD, Axis Bank falls under is RANGAREDDY.

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).