What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Axis Bank Stambadri Coop Urban Bank Khammam Branch IFSC/MICR Code Details
Bank Name AXIS BANK
Address 9371 ERR COMPLEX STATION ROAD KHAMMAM 507001
State TELANGANA
District KHAMMAM
Branch STAMBADRI COOP URBAN BANK
IFSC Code UTIB0SSTM01
Branch Code SSTM01 (Last six characters of IFSC code represent Branch code.)
MICR Code 507847002
Contact Phone 258754
via https://bankingzone.in/ifsc

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