Latest details of Ifsc: Utib0003659
AXIS BANK
Branch name : PRAGATHI NAGAR
Contact Information
Address: NO 6 54D 6 54E ELITE BUILDING PLOT NO 1534 1535 1554 1555 1556 AB WING GROUND FLOOR PRAGATHI NAGAR HYDERABAD 500090
Contact number: 48520724
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
