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Axis Bank · Kakinada

UTIB0000427: Axis Bank, Dr A S Rao Nagar ,Hyderabad

IFSC code UTIB0000427 belongs to the Dr A S Rao Nagar ,Hyderabad branch of Axis Bank in Kakinada, Andhra Pradesh. Its MICR code is 500211013.

IFSC
UTIB0000427
MICR
500211013
Bank
Axis Bank
Branch
Dr A S Rao Nagar ,Hyderabad
District
Kakinada
State
Andhra Pradesh

Branch address

Axis Bank
Plot No B - 3 ,Opp. Sai Sudhir Degree College Main Road, Dr A S Rao Nagar, Kapra

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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 000427 is the code of the Dr A S Rao Nagar ,Hyderabad branch. In the MICR code 500211013, 500 is the city, 211 the bank and 013 the branch.

Other Axis Bank branches in Kakinada

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 Dr A S Rao Nagar ,Hyderabad branch (Kakinada, Andhra Pradesh) is UTIB0000427.

  2. 500211013. MICR is printed at the bottom of the branch's cheques.

  3. Plot No B - 3 ,Opp. Sai Sudhir Degree College Main Road, Dr A S Rao Nagar, Kapra

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0000427 with the beneficiary's account number.

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