Axis Bank KOTHBASPALLE IFSC Code, MICR Code - Ranga Reddy, Telangana

Axis Bank KOTHBASPALLE Branch IFSC Code, MICR Code (Ranga Reddy, Telangana). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Axis Bank KOTHBASPALLE - Ranga Reddy, Telangana

IFSC Code:UTIB0002058
MICR Code:501211103
Branch Code:002058 (Last six characters of IFSC Code represent Branch code)
Address:DOOR NO. 02-11A, KOTHBASPALLE, TALUK MALKAPUR, MANDA TANDOOR MANDAL, DIST. RANGAREDDY, ANDHRA PRADESH, PIN 501141
Branch:KOTHBASPALLE
City:ALWAL
District:Ranga Reddy
State:Telangana
Contact No.:

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Axis Bank IFSC Code is UTIB0002058, MICR Code is 501211103, Branch Code is 002058 which is last six characters of IFSC Code, Branch name is KOTHBASPALLE located in DOOR NO. 02-11A, KOTHBASPALLE, TALUK MALKAPUR, MANDA TANDOOR MANDAL, DIST. RANGAREDDY, ANDHRA PRADESH, PIN 501141, ALWAL, Ranga Reddy, Telangana, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Axis Bank Branches at Ranga Reddy, Telangana

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ALWALCHEVELLACTS GRID OPERATIONS HYDERABADKONDAPURKOTHBASPALLEL B NAGAR, ANDHRA PRADESHMALKAJGIRIMANIKONDAMLA COLONYMUMBAPURQUTHBULLAPURSHAMSHABADSUCHITRAUPPAL KALAN, ANDHRA PRADESHVIKARABAD

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.