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Axis Bank · Sahebganj

UTIB0003516: Axis Bank, Palasbana

IFSC code UTIB0003516 belongs to the Palasbana branch of Axis Bank in Sahebganj, Jharkhand. Its MICR code is 816211601.

IFSC
UTIB0003516
MICR
816211601
Bank
Axis Bank
Branch
Palasbana
District
Sahebganj
State
Jharkhand
Phone
+919431777278

Branch address

Axis Bank
Vill and Post Palasbana Pakur Barharwa Road Palasbana

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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 003516 is the code of the Palasbana branch. In the MICR code 816211601, 816 is the city, 211 the bank and 601 the branch.

Other Axis Bank branches in Sahebganj

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 Palasbana branch (Sahebganj, Jharkhand) is UTIB0003516.

  2. 816211601. MICR is printed at the bottom of the branch's cheques.

  3. Vill and Post Palasbana Pakur Barharwa Road Palasbana

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0003516 with the beneficiary's account number.

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