UTIB0003061 IFSC Code, AXIS BANK, BN REDDY NAGAR

IFSC Code of Axis Bank, Bn Reddy Nagar, Telangana IFSC CODE & MICR CODE

AXIS BANK, BN REDDY NAGAR - UTIB0003061

  • Bank name: AXIS BANK

Bank Address: Plot No 7 And 17 Sagar Road Balaji Nagar Bn Reddy Nagar Hyderabad 500070

  • IFSC Code utib0003061
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +914065965900
  • Bank branch BN REDDY NAGAR
  • Bank ISO3166 Code IN-TG
  • Bank Center HYDERABAD
  • MICR Code 500211061
  • State name TELANGANA
  • District name HYDERABAD
  • City name HYDERABAD
  • 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, BN REDDY NAGAR branch is UTIB0003061, ensures that your transactions are directed to the correct branch.

How to Use UTIB0003061 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 BN REDDY NAGAR 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.