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Axis Bank · Hingoli

UTIB0002631: Axis Bank, Basmath

IFSC code UTIB0002631 belongs to the Basmath branch of Axis Bank in Hingoli, Maharashtra. Its MICR code is 431211501.

IFSC
UTIB0002631
MICR
431211501
Bank
Axis Bank
Branch
Basmath
District
Hingoli
State
Maharashtra
Phone
+919423135734

Branch address

Axis Bank
Ground Floor Mama Chowk Main Road Basmath Hingoli Maharashtra PIN 431512

Open in a map · Pincode 431512: 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 002631 is the code of the Basmath branch. In the MICR code 431211501, 431 is the city, 211 the bank and 501 the branch.

Other Axis Bank branches in Hingoli

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 Basmath branch (Hingoli, Maharashtra) is UTIB0002631.

  2. 431211501. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor Mama Chowk Main Road Basmath Hingoli Maharashtra PIN 431512

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0002631 with the beneficiary's account number.

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