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Axis Bank · Desumajra

UTIB0004608: Axis Bank, Desumajra

IFSC code UTIB0004608 belongs to the Desumajra branch of Axis Bank in Desumajra, Punjab. Its MICR code is 160211073.

IFSC
UTIB0004608
MICR
160211073
Bank
Axis Bank
Branch
Desumajra
District
Desumajra
State
Punjab

Branch address

Axis Bank
Ground Floor, Property No. B023-00400, Fatehullanpur, Chandigarh Road, Desumajra, Kharar

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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 004608 is the code of the Desumajra branch. In the MICR code 160211073, 160 is the city, 211 the bank and 073 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.

01 FAQ

Common questions.

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  1. The IFSC of Axis Bank's Desumajra branch (Desumajra, Punjab) is UTIB0004608.

  2. 160211073. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor, Property No. B023-00400, Fatehullanpur, Chandigarh Road, Desumajra, Kharar

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0004608 with the beneficiary's account number.

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