If you are searching for the IFSC code of Axis Bank, BASUAGHAI branch in BHUBANESWAR, ODISHA, this page has every detail you need. The verified IFSC code for this branch is UTIB0002053. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the BASUAGHAI branch, and detailed step-by-step guides for using the IFSC UTIB0002053 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, UTIB0002053 is the IFSC of Axis Bank's BASUAGHAI branch. The format is fixed: UTIB = bank code, 0 = reserved, 002053 = branch identifier.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Basuaghai |
| IFSC Code | UTIB0002053 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BASUAGHAI, IN FORNT OF SIRIDI SAI TEMPLE, TANKAPANI ROAD, DIST. KHURDA, ORISSA, PIN 751002 |
| City | Bhubaneswar |
| District | Khurda |
| State | Odisha |
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Basuaghai branch — IFSC UTIB0002053 — extends the bank's services to customers in and around Bhubaneswar, Odisha.
About the Basuaghai branch
The Basuaghai branch of Axis Bank is situated at BASUAGHAI, IN FORNT OF SIRIDI SAI TEMPLE, TANKAPANI ROAD, DIST. KHURDA, ORISSA, PIN 751002. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0002053 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's BASUAGHAI branch came to be assigned the code UTIB0002053.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0002053, money simply cannot be routed to the BASUAGHAI branch electronically.
How to transfer money using IFSC UTIB0002053
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0002053 across all three.
How to use IFSC UTIB0002053 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's BASUAGHAI branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UTIB0002053.
- Confirm the bank name auto-populates as Axis Bank and the branch as BASUAGHAI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0002053
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – BASUAGHAI, ensure your bank's portal accepts IFSC UTIB0002053 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank BASUAGHAI (IFSC UTIB0002053)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0002053 in your mobile or internet banking app, and the money is credited to the BASUAGHAI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Basuaghai
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0002053:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BASUAGHAI is still linked to IFSC UTIB0002053.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC UTIB0002053
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – BASUAGHAI is still mapped to IFSC UTIB0002053. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0002053 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Basuaghai branch is mapped to IFSC UTIB0002053 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0002053.
Products and services
Customers walking into the Basuaghai branch can access most of Axis Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UTIB0002053
MICR & cheque-truncation details
Cheques drawn on the Basuaghai branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0002053 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Basuaghai branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UTIB0002053 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – BASUAGHAI:
- The IFSC is exactly UTIB0002053 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and BASUAGHAI as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Basuaghai branch sits at BASUAGHAI, IN FORNT OF SIRIDI SAI TEMPLE, TANKAPANI ROAD, DIST. KHURDA, ORISSA, PIN 751002. If you are travelling from outside Bhubaneswar, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UTIB0002053 and your account number.
Verifying IFSC UTIB0002053 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0002053 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Basuaghai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0002053, however, work 24x7.
Branch address & contact
Axis BankBasuaghai Branch
BASUAGHAI, IN FORNT OF SIRIDI SAI TEMPLE, TANKAPANI ROAD, DIST. KHURDA, ORISSA, PIN 751002
Bhubaneswar, Odisha
Phone: the branch contact number
IFSC: UTIB0002053
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Basuaghai branch but serve different purposes.
Does Axis Bank Basuaghai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
What is the phone number of Axis Bank Basuaghai branch?
You can reach the branch at the branch contact number during regular banking hours.
How do I add Axis Bank Basuaghai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002053, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC UTIB0002053 the same for all accounts at Basuaghai branch?
Yes. The IFSC UTIB0002053 is shared by every account held at Axis Bank's Basuaghai branch. Only the account number changes from customer to customer.
Where is Axis Bank Basuaghai branch located?
Axis Bank's Basuaghai branch is located at BASUAGHAI, IN FORNT OF SIRIDI SAI TEMPLE, TANKAPANI ROAD, DIST. KHURDA, ORISSA, PIN 751002, Bhubaneswar, Odisha.
Summary
The IFSC code UTIB0002053 belongs to Axis Bank's BASUAGHAI branch, located at BASUAGHAI, IN FORNT OF SIRIDI SAI TEMPLE, TANKAPANI ROAD, DIST. KHURDA,… in BHUBANESWAR, ODISHA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
