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Axis Bank · Hyderabad

UTIB0005569: Axis Bank, Choutuppal

IFSC code UTIB0005569 belongs to the Choutuppal branch of Axis Bank in Hyderabad, Telangana. Its MICR code is 508211004.

IFSC
UTIB0005569
MICR
508211004
Bank
Axis Bank
Branch
Choutuppal
District
Hyderabad
State
Telangana
Phone
+919912394172

Branch address

Axis Bank
Ground Floor,D No 3 402,3 403,Survey No 103 1,105 and 106,Survey No 292

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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 005569 is the code of the Choutuppal branch. In the MICR code 508211004, 508 is the city, 211 the bank and 004 the branch.

Other Axis Bank branches in Hyderabad

All 65 Axis Bank branches in Hyderabad

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 Choutuppal branch (Hyderabad, Telangana) is UTIB0005569.

  2. 508211004. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor,D No 3 402,3 403,Survey No 103 1,105 and 106,Survey No 292

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0005569 with the beneficiary's account number.

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