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Axis Bank · Mahbubnagar

UTIB0SPCUB1: Axis Bank, Palamoor Coop Urban Bank

IFSC code UTIB0SPCUB1 belongs to the Palamoor Coop Urban Bank branch of Axis Bank in Mahbubnagar, Andhra Pradesh. Its MICR code is 509211002.

IFSC
UTIB0SPCUB1
MICR
509211002
Bank
Axis Bank
Branch
Palamoor Coop Urban Bank
District
Mahbubnagar
State
Andhra Pradesh
Phone
+918542242762

Branch address

Axis Bank
Dorakahara Arunoday Pragati Sangha,Vill PO,Changsari,Kamrup DT,Assam,781101

Open in a map · Pincode 781101: post offices and area

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 SPCUB1 is the code of the Palamoor Coop Urban Bank branch. In the MICR code 509211002, 509 is the city, 211 the bank and 002 the branch.

Other Axis Bank branches in Mahbubnagar

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 Palamoor Coop Urban Bank branch (Mahbubnagar, Andhra Pradesh) is UTIB0SPCUB1.

  2. 509211002. MICR is printed at the bottom of the branch's cheques.

  3. Dorakahara Arunoday Pragati Sangha,Vill PO,Changsari,Kamrup DT,Assam,781101

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0SPCUB1 with the beneficiary's account number.

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