If you are searching for the IFSC code of Axis Bank, SHASTRI NAGAR BHUBNESWAR branch in BHUBANESWAR, ODISHA, this page has every detail you need. The verified IFSC code for this branch is UTIB0003089. 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 SHASTRI NAGAR BHUBNESWAR branch, and detailed step-by-step guides for using the IFSC UTIB0003089 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.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Axis Bank – SHASTRI NAGAR BHUBNESWAR is UTIB0003089. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 003089 map to this branch in BHUBANESWAR, ODISHA.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shastri Nagar Bhubneswar branch in Bhubaneswar, Odisha is part of this network and uses the IFSC code UTIB0003089 for all electronic settlement.
About the Shastri Nagar Bhubneswar branch
The Shastri Nagar Bhubneswar branch of Axis Bank is situated at GR FL PLOT NO 910 9171845 KHATA NO 409366 BIDYUT MARG MADHUSUDAN NAGAR UNIT IV BHUBANESWAR 751012. 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 UTIB0003089 is used.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Shastri Nagar Bhubneswar |
| IFSC Code | UTIB0003089 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GR FL PLOT NO 910 9171845 KHATA NO 409366 BIDYUT MARG MADHUSUDAN NAGAR UNIT IV BHUBANESWAR 751012 |
| City | Bhubaneswar |
| District | Khurda |
| State | Odisha |
| STD Code | 91 |
| Phone | 9861156572 |
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 SHASTRI NAGAR BHUBNESWAR branch came to be assigned the code UTIB0003089.
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 UTIB0003089, money simply cannot be routed to the SHASTRI NAGAR BHUBNESWAR branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0003089 and the account number together uniquely identify the Shastri Nagar Bhubneswar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0003089
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 UTIB0003089 across all three.
How to use IFSC UTIB0003089 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's SHASTRI NAGAR BHUBNESWAR 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 UTIB0003089.
- Confirm the bank name auto-populates as Axis Bank and the branch as SHASTRI NAGAR BHUBNESWAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0003089
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 – SHASTRI NAGAR BHUBNESWAR, ensure your bank's portal accepts IFSC UTIB0003089 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – SHASTRI NAGAR BHUBNESWAR, use IMPS. With IFSC UTIB0003089 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Shastri Nagar Bhubneswar
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 UTIB0003089:
- 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 SHASTRI NAGAR BHUBNESWAR is still linked to IFSC UTIB0003089.
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 UTIB0003089
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 – SHASTRI NAGAR BHUBNESWAR is still mapped to IFSC UTIB0003089. 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 UTIB0003089 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Shastri Nagar Bhubneswar branch is mapped to IFSC UTIB0003089 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 UTIB0003089.
Products and services
Customers walking into the Shastri Nagar Bhubneswar 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 UTIB0003089
Online banking and IFSC UTIB0003089
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the SHASTRI NAGAR BHUBNESWAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0003089 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Shastri Nagar Bhubneswar branch sits at GR FL PLOT NO 910 9171845 KHATA NO 409366 BIDYUT MARG MADHUSUDAN NAGAR UNIT IV BHUBANESWAR 751012. If you are travelling from outside Bhubaneswar, search for the branch on a maps application using the bank name and locality, or call 91-9861156572 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 UTIB0003089 and your account number.
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 – SHASTRI NAGAR BHUBNESWAR:
- The IFSC is exactly UTIB0003089 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 SHASTRI NAGAR BHUBNESWAR 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.
Working hours
Branch counters at Shastri Nagar Bhubneswar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0003089 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0003089 for Axis Bank – SHASTRI NAGAR BHUBNESWAR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Axis BankShastri Nagar Bhubneswar Branch
GR FL PLOT NO 910 9171845 KHATA NO 409366 BIDYUT MARG MADHUSUDAN NAGAR UNIT IV BHUBANESWAR 751012
Bhubaneswar, Odisha
Phone: 91-9861156572
IFSC: UTIB0003089
Frequently asked questions
Can I use IFSC UTIB0003089 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0003089 to send funds instantly.
What is the phone number of Axis Bank Shastri Nagar Bhubneswar branch?
You can reach the branch at 91-9861156572 during regular banking hours.
Is IFSC UTIB0003089 the same for all accounts at Shastri Nagar Bhubneswar branch?
Yes. The IFSC UTIB0003089 is shared by every account held at Axis Bank's Shastri Nagar Bhubneswar branch. Only the account number changes from customer to customer.
Does Axis Bank Shastri Nagar Bhubneswar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9861156572 to confirm.
Is IFSC UTIB0003089 valid for NEFT and RTGS?
Yes. IFSC UTIB0003089 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Axis Bank Shastri Nagar Bhubneswar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0003089, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using UTIB0003089 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Shastri Nagar Bhubneswar reflect within 30 minutes.
Where is Axis Bank Shastri Nagar Bhubneswar branch located?
Axis Bank's Shastri Nagar Bhubneswar branch is located at GR FL PLOT NO 910 9171845 KHATA NO 409366 BIDYUT MARG MADHUSUDAN NAGAR UNIT IV BHUBANESWAR 751012, Bhubaneswar, Odisha.
Summary
The IFSC code UTIB0003089 belongs to Axis Bank's SHASTRI NAGAR BHUBNESWAR branch, located at GR FL PLOT NO 910 9171845 KHATA NO 409366 BIDYUT MARG MADHUSUDAN NAGAR UNIT IV… 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.
