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Axis Bank

Here is the IFSC & MICR Codes of Axis Bank, PARAMAKUDI, PARAMAGUDI, TAMIL NADU. Also get the latest address, contact number of Axis Bank, PARAMAKUDI.

Branch: PARAMAKUDI
Address: 12/338, T-1, GROUND FLOOR, PREMA RAYAN TOWE, THIRUVALLUR NAGAR, MADURAI MANDAPAM ROAD, PARAMAKUDI - 623707.
Contact
Bank Code: UTIB
MICR: 623211102
IFSC Code: UTIB0001502

Frequently asked questions

What's the IFSC Code of PARAMAKUDI, Axis Bank?: The IFSC Code of PARAMAKUDI, Axis Bank is UTIB0001502.
What's the Address of PARAMAKUDI, Axis Bank?: The Address of PARAMAKUDI, Axis Bank is 12/338, T-1, GROUND FLOOR, PREMA RAYAN TOWE, THIRUVALLUR NAGAR, MADURAI MANDAPAM ROAD, PARAMAKUDI - 623707..
What's the MICR Code of PARAMAKUDI, Axis Bank?: The MICR Code of PARAMAKUDI, Axis Bank is 623211102.
What's the Contact of PARAMAKUDI, Axis Bank?: The Contact of PARAMAKUDI, Axis Bank is .
What's the District PARAMAKUDI, Axis Bank falls under?: The District PARAMAKUDI, Axis Bank falls under is RAMANATHAPURAM.

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).