UTIB0002592 IFSC Code, AXIS BANK, MEDCHAL

IFSC Code of Axis Bank, Medchal, Andhra Pradesh IFSC CODE & MICR CODE

AXIS BANK, MEDCHAL - UTIB0002592

  • Bank name: AXIS BANK

Bank Address: Hno 1 314 First Floor Main Road Medchal Rr Dist Andhra Pradesh 501401

  • IFSC Code utib0002592
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +918418220127
  • Bank branch MEDCHAL
  • Bank ISO3166 Code IN-AP
  • Bank Center RANGA REDDY
  • MICR Code 500211054
  • State name ANDHRA PRADESH
  • District name RANGA REDDY
  • City name MEDCHAL
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for AXIS BANK, MEDCHAL branch is UTIB0002592, ensures that your transactions are directed to the correct branch.

How to Use UTIB0002592 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MEDCHAL branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.