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Axis Bank · Panna

UTIB0002882: Axis Bank, Panna

IFSC code UTIB0002882 belongs to the Panna branch of Axis Bank in Panna, Madhya Pradesh. Its MICR code is 488211001.

IFSC
UTIB0002882
MICR
488211001
Bank
Axis Bank
Branch
Panna
District
Panna
State
Madhya Pradesh
Phone
+917732253676

Branch address

Axis Bank
Ground Floor Khasra No 3199 Ward No 13 Bti Road

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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 002882 is the code of the Panna branch. In the MICR code 488211001, 488 is the city, 211 the bank and 001 the branch.

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.

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Common questions.

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  1. The IFSC of Axis Bank's Panna branch (Panna, Madhya Pradesh) is UTIB0002882.

  2. 488211001. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor Khasra No 3199 Ward No 13 Bti Road

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0002882 with the beneficiary's account number.

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