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Axis Bank · Pillalapalle

UTIB0000216: Axis Bank, Poolapalle ,Andhra Pradesh

IFSC code UTIB0000216 belongs to the Poolapalle ,Andhra Pradesh branch of Axis Bank in Pillalapalle, Andhra Pradesh. Its MICR code is 534211302.

IFSC
UTIB0000216
MICR
534211302
Bank
Axis Bank
Branch
Poolapalle ,Andhra Pradesh
District
Pillalapalle
State
Andhra Pradesh

Branch address

Axis Bank
1-103,Palakole-Bhimavaram Road Poolapalle, West Godavari District

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

UTIB is Axis Bank's bank code, the fifth character 0 is kept for future use, and 000216 is the code of the Poolapalle ,Andhra Pradesh branch. In the MICR code 534211302, 534 is the city, 211 the bank and 302 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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Common questions.

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  1. The IFSC of Axis Bank's Poolapalle ,Andhra Pradesh branch (Pillalapalle, Andhra Pradesh) is UTIB0000216.

  2. 534211302. MICR is printed at the bottom of the branch's cheques.

  3. 1-103,Palakole-Bhimavaram Road Poolapalle, West Godavari District

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0000216 with the beneficiary's account number.

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