Axis Bank MAJALGAON Branch IFSC Code
UTIB 0005862
Axis Bank MAJALGAON — BEED, MAHARASHTRA
MICR: 431211002
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Axis Bank
- Branch
- MAJALGAON
- IFSC Code
- UTIB0005862
- MICR Code
- 431211002
- Address
- GROUND FLOOR SR NO B84, PLOT NO 24, SAMBHAJI CHOWK, MANJALGAON, DIST BEED Open in Google Maps
- City
- BEED
- District
- MAJALGAON
- State
- MAHARASHTRA
How to Use This IFSC Code
NEFT Transfer
Use IFSC code UTIB0005862 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 UTIB0005862.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code UTIB0005862.
IFSC Code Structure
U
T
I
B
0
0
0
5
8
6
2
- UTIB — Bank code (Axis Bank)
- 0 — Reserved (always 0)
- 005862 — Branch code (MAJALGAON)
Nearby Axis Bank Branches in BEED
View all Axis Bank branches in BEED →Frequently Asked Questions
Is UTIB0005862 valid for online transfer?
Yes, UTIB0005862 is a valid IFSC code for Axis Bank MAJALGAON branch in BEED, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does UTIB0005862 belong to?
UTIB0005862 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 MAJALGAON is 431211002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using UTIB0005862?
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.