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Verified Branch

Axis Bank

NIRALA BAZAR Branch, AURANGABAD

IFSC Code
UTIB0003541
Required for NEFT, RTGS, IMPS money transfers
MICR Code
431211009
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

UTIB Bank Code (1-4)
0 Control Zero (5th)
003541 Branch Code (6-11)

Complete Branch Details

Full Address GROUND FLOOR, PLOT NO 11 AND 8, JAIHIND COLONY, NIRALA BZAR, AURANGABAD
State MAHARASHTRA
District / City AURANGABAD
Centre / Region AURANGABAD
Contact / Helpline +912402347501
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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 UTIB0003541.
  4. Confirm bank name displays as Axis Bank and branch as NIRALA BAZAR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (UTIB0003541)

What is the IFSC code of Axis Bank NIRALA BAZAR branch? ↓

The verified 11-digit IFSC code is UTIB0003541. 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 NIRALA BAZAR? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 431211009. 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, PLOT NO 11 AND 8, JAIHIND COLONY, NIRALA BZAR, AURANGABAD, located in AURANGABAD district, MAHARASHTRA.

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