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Axis Bank · Raisen

UTIB0002513: Axis Bank, Mandideep

IFSC code UTIB0002513 belongs to the Mandideep branch of Axis Bank in Raisen, Madhya Pradesh. Its MICR code is 462211014.

IFSC
UTIB0002513
MICR
462211014
Bank
Axis Bank
Branch
Mandideep
District
Raisen
State
Madhya Pradesh
Phone
+917554097913

Branch address

Axis Bank
Raj Hotel,Plot No 314 by 1,NH 12,Near Central Bank of India Mandideep,District Raisen,PIN 462046

Open in a map · Pincode 462046: 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 002513 is the code of the Mandideep branch. In the MICR code 462211014, 462 is the city, 211 the bank and 014 the branch.

Other Axis Bank branches in Raisen

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 Mandideep branch (Raisen, Madhya Pradesh) is UTIB0002513.

  2. 462211014. MICR is printed at the bottom of the branch's cheques.

  3. Raj Hotel,Plot No 314 by 1,NH 12,Near Central Bank of India Mandideep,District Raisen,PIN 462046

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0002513 with the beneficiary's account number.

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