AXIS BANK HYDERABAD IFSC CODE Quick Search

What is AXIS BANK HYDERABAD ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

AXIS BANK HYDERABAD ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

AXIS BANK HYDERABAD ifsc code Format:

For Example :

AXIS BANK HYDERABAD ifsc code : UTIB0000008 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : UTIB for Bank : AXIS BANK

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 000008 for Bank Branch HYDERABAD

Anatomy of a Cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for axis bank hyderabad

MICR code for axis bank hyderabad represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for axis bank hyderabad on Cheque:

MICR Code Format for axis bank hyderabad :

For Example :

MICR Code for AXIS BANK : 500211002 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 500 for City : HYDERABAD

Middle 3 digits reprents Bank Code: 211 for Bank : AXIS BANK

Last 3 digits represents Branch Code : 100 for Bank Branch HYDERABAD

AXIS BANK All Branch IFSC Code List for City HYDERABAD

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