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Axis Bank

SWAVALAMBI NAGAR Branch, NAGPUR

IFSC Code
UTIB0001242
Required for NEFT, RTGS, IMPS money transfers
MICR Code
440211008
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

UTIB Bank Code (1-4)
0 Control Zero (5th)
001242 Branch Code (6-11)

Complete Branch Details

Full Address GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022
State MAHARASHTRA
District / City NAGPUR
Centre / Region NAGPUR
Contact / Helpline 1800 1800 (Toll Free)
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code UTIB0001242.
  4. Confirm bank name displays as Axis Bank and branch as SWAVALAMBI NAGAR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (UTIB0001242)

What is the IFSC code of Axis Bank SWAVALAMBI NAGAR branch? ↓

The verified 11-digit IFSC code is UTIB0001242. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Axis Bank SWAVALAMBI NAGAR? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 440211008. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022, located in NAGPUR district, MAHARASHTRA.

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NAGAWARA RING ROAD Branch

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