Axis Bank MARGOSA ROAD IFSC Code
Axis Bank MARGOSA ROAD IFSC Code (UTIB0002481), MICR, address and contact information.
Axis Bank MARGOSA ROAD IFSC Code: UTIB0002481
The verified IFSC Code for Axis Bank, MARGOSA ROAD branch in BANGALORE URBAN, KARNATAKA is UTIB0002481. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI) to uniquely identify this branch across all digital fund transfer networks in India, including NEFT, RTGS, and IMPS.
The branch is situated at 147 BY 7 MARGOSA ROAD,PIN 560003, BANGALORE URBAN, KARNATAKA. Paper cheque clearing operations for this branch are routed through MICR Code 560211054.
| Bank Name | Axis Bank |
|---|---|
| IFSC Code | UTIB0002481 |
| MICR Code | 560211054 |
| Branch Name | MARGOSA ROAD |
| Address | 147 BY 7 MARGOSA ROAD,PIN 560003 |
| Contact Number | +918023468974 |
| City / District | BANGALORE URBAN / BANGALORE |
| State | KARNATAKA |
IFSC Code Format Breakdown
IFSC vs MICR Code
| IFSC Code (Indian Financial System Code) | MICR Code (Magnetic Ink Character Recognition) |
|---|---|
| Used for online fund transfers (NEFT, RTGS, IMPS). | Used for clearing physical cheques in the clearing house. |
| 11-character alphanumeric code. | 9-digit numeric code. |
| Can be found on cheque books and bank passbooks. | Printed at the bottom of the cheque using magnetic ink. |
Fund Transfer Limits & Timings
| Transfer Type | Minimum Limit | Maximum Limit | Timings |
|---|---|---|---|
| NEFT | ₹1 | No limit (varies by bank/account type) | 24x7, 365 Days |
| RTGS | ₹2,00,000 | No limit (varies by bank/account type) | 24x7, 365 Days |
| IMPS | ₹1 | ₹5,00,000 | 24x7, 365 Days (Instant) |
How to Transfer Money Using IFSC Code UTIB0002481
Follow these steps to send funds via NEFT, RTGS, or IMPS from any bank account to Axis Bank MARGOSA ROAD:
- Open your Banking App: Log in to your bank's Internet Banking portal or mobile banking app.
- Navigate to Fund Transfer: Go to the Transfers tab and choose Add Beneficiary / Payee.
- Enter Payee Information: Enter the account holder's full name, account number, and input IFSC Code
UTIB0002481. - Verify Branch: Confirm that the portal automatically displays Axis Bank - MARGOSA ROAD (City: BANGALORE URBAN).
- Select Transfer Type: Choose IMPS for immediate 24x7 credit (up to ₹5 Lakh), NEFT for general transactions, or RTGS for large transactions over ₹2 Lakh.
- Authenticate Transfer: Enter the amount, verify all details, and approve the payment with your Transaction PIN or OTP.
Who Uses Axis Bank MARGOSA ROAD IFSC Code?
Individuals transferring money via NEFT/RTGS/IMPS, businesses managing payroll, and accountants.
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Frequently Asked Questions
What is the IFSC code for Axis Bank MARGOSA ROAD?
The IFSC code for Axis Bank MARGOSA ROAD is UTIB0002481. This code is essential for making online fund transfers like NEFT, RTGS, and IMPS to this branch.
What is the MICR code for Axis Bank MARGOSA ROAD?
The MICR code is 560211054. It is used by the clearing house to process physical cheques faster.
Where is Axis Bank MARGOSA ROAD located?
The branch is located at 147 BY 7 MARGOSA ROAD,PIN 560003, BANGALORE URBAN, KARNATAKA.
What is the contact number for Axis Bank MARGOSA ROAD?
The contact number for this branch is +918023468974. If it shows 'Not Available', you can try contacting the Axis Bank customer care toll-free number.
Can I transfer funds to Axis Bank MARGOSA ROAD using NEFT or RTGS?
Yes, you can transfer funds to this branch using NEFT, RTGS, or IMPS. Simply use the IFSC code UTIB0002481 along with the correct account number.