Axis Bank BN REDDY NAGAR IFSC Code: UTIB0003061
HYDERABAD, HYDERABAD, TELANGANA • MICR: 500211061
How to find IFSC Code UTIB0003061 branch for BN REDDY NAGAR?
It is critical to find and verify the correct IFSC code UTIB0003061 for the BN REDDY NAGAR branch of Axis Bank before initiating any electronic fund transfer such as NEFT, RTGS, or IMPS. Indian commercial banks verify the 11-digit IFSC code along with the beneficiary account number, branch details, and account holder name. Any mismatch in the code can result in delayed settlements or failed transactions.
How to verify UTIB0003061 IFSC Code?
The best and simplest place to verify the UTIB0003061 IFSC code for BN REDDY NAGAR branch is on your official bank cheque book or account passbook. By Reserve Bank of India (RBI) regulations, all scheduled banks print the 11-character IFSC code on the top left or top center of every cheque leaf and on the first page of your savings/current account passbook.
UTIB0003061 is the unique IFSC Code assigned to the BN REDDY NAGAR branch of Axis Bank. This code is used for fast and secure inter-bank funds transfers across India. The physical location of the BN REDDY NAGAR branch is PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070, located in the HYDERABAD district of TELANGANA state (Center/City: HYDERABAD).
IFSC Code Structure for Axis Bank
Every Indian Financial System Code (IFSC) contains exactly 11 alphanumeric characters divided into 3 standardized segments:
Online Fund Transfer Options using IFSC UTIB0003061
You can transfer funds to any account in Axis Bank BN REDDY NAGAR branch using the following Reserve Bank of India electronic payment mechanisms:
| Transfer Mode | Settlement Speed | Minimum Transfer | Maximum Limit | Availability |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Batches settled every 30 minutes | ₹1 (No minimum limit) | No upper ceiling (Per bank policy) | 24x7x365 |
| RTGS (Real Time Gross Settlement) | Instant, Real-time Gross Settlement | ₹2,00,000 (Two Lakhs) | No upper ceiling for high-value payments | 24x7x365 |
| IMPS (Immediate Payment Service) | Instant within seconds via Mobile/Net Banking | ₹1 | Up to ₹5,00,000 per transaction | 24x7x365 |
| UPI (Unified Payments Interface) | Instant mobile payment via VPA / Account+IFSC | ₹1 | Up to ₹1,00,000 – ₹5,00,000 per day | 24x7x365 |
Frequently Asked Questions (FAQ) • Axis Bank - BN REDDY NAGAR
What is the IFSC code of Axis Bank BN REDDY NAGAR?
The IFSC Code of Axis Bank BN REDDY NAGAR branch is UTIB0003061. It is registered with the Reserve Bank of India for NEFT, RTGS, and IMPS inter-bank electronic clearing.
What is the MICR code of Axis Bank BN REDDY NAGAR?
The MICR code of this branch is 500211061. This 9-digit code is printed at the bottom of bank cheques for automated clearing under the Cheque Truncation System (CTS-2010).
What is the address of Axis Bank BN REDDY NAGAR?
The branch is located at PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070, in HYDERABAD, HYDERABAD District, TELANGANA State.
Can I transfer money to this branch on holidays?
Yes. Digital fund transfers via NEFT, RTGS, IMPS, and UPI operate 24 hours a day, 365 days a year, including Sundays, second/fourth Saturdays, and public national holidays.
Fund Transfer Safety Reminder:
Always double-check the recipient's bank account number and branch IFSC code before authorizing transfers on internet banking or mobile apps. Bank IFSC Code Dekho is an independent reference directory and does not conduct or intermediate financial transactions.