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Axis Bank · Satna

UTIB0001724: Axis Bank, Maihar

IFSC code UTIB0001724 belongs to the Maihar branch of Axis Bank in Satna, Madhya Pradesh. Its MICR code is 485211051.

IFSC
UTIB0001724
MICR
485211051
Bank
Axis Bank
Branch
Maihar
District
Satna
State
Madhya Pradesh

Branch address

Axis Bank
Ground Floor, Station Road, Near Lic Bldg, P.O Maihar, Dist.Satna, Madhya Pradesh, PIN 485711

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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 001724 is the code of the Maihar branch. In the MICR code 485211051, 485 is the city, 211 the bank and 051 the branch.

Other Axis Bank branches in Satna

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.

01 FAQ

Common questions.

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  1. The IFSC of Axis Bank's Maihar branch (Satna, Madhya Pradesh) is UTIB0001724.

  2. 485211051. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor, Station Road, Near Lic Bldg, P.O Maihar, Dist.Satna, Madhya Pradesh, PIN 485711

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0001724 with the beneficiary's account number.

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