UTIB0SSMCU1 IFSC Code, AXIS BANK, SEC MERCANTILE COOP URBAN BANK

IFSC Code of Axis Bank, Sec Mercantile Coop Urban Bank, Andhra Pradesh IFSC CODE & MICR CODE

AXIS BANK, SEC MERCANTILE COOP URBAN BANK - UTIB0SSMCU1

  • Bank name: AXIS BANK

Bank Address: Lakshmiram Complex,opp Venkateswara Temple Market Centre,challapalli Andhra Pradesh 521126

  • IFSC Code utib0ssmcu1
  • Bank Code UTIB
  • Bank name AXIS BANK
  • Bank contact number +914027720817
  • Bank branch SEC MERCANTILE COOP URBAN BANK
  • Bank ISO3166 Code IN-AP
  • Bank Center HYDERABAD
  • MICR Code 500211005
  • State name ANDHRA PRADESH
  • District name HYDERABAD
  • City name SECUNDERABAD
  • 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, SEC MERCANTILE COOP URBAN BANK branch is UTIB0SSMCU1, ensures that your transactions are directed to the correct branch.

How to Use UTIB0SSMCU1 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 SEC MERCANTILE COOP URBAN BANK 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.