Axis Bank Swavalambi Nagar Branch โ€” IFSC Code

NAGPUR, MAHARASHTRA

IFSC Code

UTIB0001242

IFSC CodeUTIB0001242
MICR Code440211008
BankAxis Bank
BranchSwavalambi Nagar
CityNAGPUR
DistrictNAGPUR
StateMAHARASHTRA
AddressGROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022
Contactโ€”
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Axis Bank official site โ†’

How to Use IFSC Code UTIB0001242

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: UTIB0001242
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” Axis Bank

UTIB0001242
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of Axis Bank Swavalambi Nagar?

The IFSC code is UTIB0001242. Use this for NEFT, RTGS, and IMPS transfers to Axis Bank Swavalambi Nagar branch in NAGPUR.

What is the MICR code of Axis Bank Swavalambi Nagar?

The MICR code is 440211008. MICR codes are used for cheque processing, not for digital transfers.

Is UTIB0001242 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use UTIB0001242 only for NEFT, RTGS, or IMPS when adding a bank account manually.