Axis Bank SWAVALAMBI NAGAR Branch IFSC Code

UTIB 0001242
Axis Bank Logo Axis Bank
SWAVALAMBI NAGAR — NAGPUR, MAHARASHTRA
MICR: 440211008 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Axis Bank
Branch
SWAVALAMBI NAGAR
IFSC Code
UTIB0001242
MICR Code
440211008
Address
GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022
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City
NAGPUR
District
NAGPUR
State
MAHARASHTRA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code UTIB0001242 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code UTIB0001242.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code UTIB0001242.

IFSC Code Structure

U
T
I
B
0
0
0
1
2
4
2
  • UTIB — Bank code (Axis Bank)
  • 0 — Reserved (always 0)
  • 001242 — Branch code (SWAVALAMBI NAGAR)

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Frequently Asked Questions

Is UTIB0001242 valid for online transfer?
Yes, UTIB0001242 is a valid IFSC code for Axis Bank SWAVALAMBI NAGAR branch in NAGPUR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does UTIB0001242 belong to?
UTIB0001242 belongs to Axis Bank. The first 4 characters "UTIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Axis Bank SWAVALAMBI NAGAR is 440211008. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using UTIB0001242?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.