Axis Bank Swavalambi Nagar Branch IFSC Code: UTIB0001242
Branch Code: 001242 | NAGPUR, NAGPUR, Maharashtra
The official Indian Financial System Code (IFSC) for Axis Bank, Swavalambi Nagar branch in NAGPUR, Maharashtra is UTIB0001242. The MICR code for cheque clearance is 440211008.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Axis Bank
- Branch Name
- SWAVALAMBI NAGAR
- MICR Code
- City / District
- NAGPUR (NAGPUR)
- State
- Maharashtra
- Postal Pincode
- 440022
GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022, Pincode: 440022
How to Read IFSC Code: UTIB0001242
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Axis Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Axis Bank (UTIB0001242)
Which bank does IFSC Code UTIB0001242 belong to?
IFSC Code UTIB0001242 belongs to Axis Bank for its SWAVALAMBI NAGAR branch, located in NAGPUR, Maharashtra. The 4-letter prefix 'UTIB' represents Axis Bank.
What is the IFSC Code for Axis Bank SWAVALAMBI NAGAR branch?
The IFSC Code for Axis Bank SWAVALAMBI NAGAR branch in NAGPUR, Maharashtra is UTIB0001242. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Axis Bank SWAVALAMBI NAGAR branch?
The branch is located at: GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022, Pincode: 440022, NAGPUR, Maharashtra.
What is the MICR Code for Axis Bank SWAVALAMBI NAGAR?
The MICR Code for electronic cheque clearing at Axis Bank SWAVALAMBI NAGAR is 440211008.
How to decipher the IFSC code UTIB0001242?
The first 4 characters 'UTIB' represent Axis Bank. The 5th character is '0' reserved for future use. The last 6 characters '001242' represent the specific SWAVALAMBI NAGAR branch code.
Parent Directory Links
Other Axis Bank Branches in NAGPUR
View All →GRND AND FIRST FLR,RAMEERA HOUSE,NO 311 B 56,SHEET NO 72 AND 47,BAJAJ NAGAR,CENTRAL BAZAR ROAD
GROUND FLOOR,TATA SQUARE,PLOT NO 19 MANEWADA BESA ROAD SEWADAL NAGAR,MANEWADA,NAGPUR
GROUND FLOOR, 742, NELSON SQUARE CHINDWARA ROAD, NAGPUR MAHARASHTRA, PIN 440013
GROUND FLOOR CA SECTION, WEST PRENCIS OF MOUZA, SITUATED AT ARYA SAMAJ ROAD, CENTRAL AVENUE
NEXUS POINT, SHOP NO 1, OPP VIDHAN BHAWAN, CIVIL LINES, NAGPUR 440 001
SHOP NO 1, 3, SAI NAMAN APRTMNT, KH 48 MOUZA SAKKARDHARA, DATTATRAY NAGAR GARDEN RD, DATTATRAY NAGAR
Other Bank Branches in Pincode 440022
View All in Pincode →DEENDAYAL NAGAR (NAGPUR)
GOPAL NAGAR (NAGPUR)
GOPAL NAGAR, NAGPUR (NAGPUR)
HINGNA ROAD NAGPUR (NAGPUR)
KHAMLA (NAGPUR)
KHAMLA SQUARE, NAGPUR (NAGPUR)
Need help verifying this IFSC Code before sending money?
Read our step-by-step checklist on confirming bank IFSC codes, cheque MICR numbers, and recipient details.