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Axis Bank · Katni

UTIB0005245: Axis Bank, Bargawan Katni

IFSC code UTIB0005245 belongs to the Bargawan Katni branch of Axis Bank in Katni, Madhya Pradesh. Its MICR code is 483211003.

IFSC
UTIB0005245
MICR
483211003
Bank
Axis Bank
Branch
Bargawan Katni
District
Katni
State
Madhya Pradesh
Phone
+917471119007

Branch address

Axis Bank
Ground and First Floor, Bargavan Road, Beside Indian Coffee House,PO Head Post Office Katni

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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 005245 is the code of the Bargawan Katni branch. In the MICR code 483211003, 483 is the city, 211 the bank and 003 the branch.

Other Axis Bank branches in Katni

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 Bargawan Katni branch (Katni, Madhya Pradesh) is UTIB0005245.

  2. 483211003. MICR is printed at the bottom of the branch's cheques.

  3. Ground and First Floor, Bargavan Road, Beside Indian Coffee House,PO Head Post Office Katni

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0005245 with the beneficiary's account number.

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