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Axis Bank · Bengaluru Urban

UTIB0002481: Axis Bank, Margosa Road

IFSC code UTIB0002481 belongs to the Margosa Road branch of Axis Bank in Bengaluru Urban, Karnataka. Its MICR code is 560211054.

IFSC
UTIB0002481
MICR
560211054
Bank
Axis Bank
Branch
Margosa Road
District
Bengaluru Urban
State
Karnataka
Phone
+918023468974

Branch address

Axis Bank
147 by 7 Margosa Road,PIN 560003

Open in a map · Pincode 560003: 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 002481 is the code of the Margosa Road branch. In the MICR code 560211054, 560 is the city, 211 the bank and 054 the branch.

Other Axis Bank branches in Bengaluru Urban

All 219 Axis Bank branches in Bengaluru Urban

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 Margosa Road branch (Bengaluru Urban, Karnataka) is UTIB0002481.

  2. 560211054. MICR is printed at the bottom of the branch's cheques.

  3. 147 by 7 Margosa Road,PIN 560003

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0002481 with the beneficiary's account number.

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