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Axis Bank · Alwal

UTIB0002058: Axis Bank, Kothbaspalle

IFSC code UTIB0002058 belongs to the Kothbaspalle branch of Axis Bank in Alwal, Andhra Pradesh. Its MICR code is 501211103.

IFSC
UTIB0002058
MICR
501211103
Bank
Axis Bank
Branch
Kothbaspalle
District
Alwal
State
Andhra Pradesh

Branch address

Axis Bank
Door No. 02-11a, Kothbaspalle, Taluk Malkapur, Manda Tandoor Mandal, Dist. Rangareddy, Andhra Pradesh, PIN 501141

Open in a map · Pincode 501141: post offices and area

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 002058 is the code of the Kothbaspalle branch. In the MICR code 501211103, 501 is the city, 211 the bank and 103 the branch.

Other Axis Bank branches in Alwal

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 Kothbaspalle branch (Alwal, Andhra Pradesh) is UTIB0002058.

  2. 501211103. MICR is printed at the bottom of the branch's cheques.

  3. Door No. 02-11a, Kothbaspalle, Taluk Malkapur, Manda Tandoor Mandal, Dist. Rangareddy, Andhra Pradesh, PIN 501141

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0002058 with the beneficiary's account number.

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