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Axis Bank · Balod

UTIB0005641: Axis Bank, Balod

IFSC code UTIB0005641 belongs to the Balod branch of Axis Bank in Balod, Chhattisgarh. Its MICR code is 491211007.

IFSC
UTIB0005641
MICR
491211007
Bank
Axis Bank
Branch
Balod
District
Balod
State
Chhattisgarh
Phone
+919893308773

Branch address

Axis Bank
Ground and First Floor, Rajnandgaon Balod Road, Near Jaistambh Chowk, PO PS Balod

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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 005641 is the code of the Balod branch. In the MICR code 491211007, 491 is the city, 211 the bank and 007 the branch.

Other Axis Bank branches in Balod

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 Balod branch (Balod, Chhattisgarh) is UTIB0005641.

  2. 491211007. MICR is printed at the bottom of the branch's cheques.

  3. Ground and First Floor, Rajnandgaon Balod Road, Near Jaistambh Chowk, PO PS Balod

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0005641 with the beneficiary's account number.

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