Use this page as a one-stop reference for everything related to Axis Bank's CHALLAKERE branch in CHALLAKERE, KARNATAKA. The branch's IFSC code UTIB0002868 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Axis Bank's CHALLAKERE branch, the IFSC UTIB0002868 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 002868 identifies this particular branch.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Challakere branch in Challakere. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0002868.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Challakere |
| IFSC Code | UTIB0002868 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 16671566 15343795 16691500 BANGALORERD CHALLAKERE 577522 CHITRADURGA DIST KA |
| City | Challakere |
| District | Chitradurga |
| State | Karnataka |
| STD Code | 8195 |
| Phone | 224458 |
About the Challakere branch
The Challakere branch of Axis Bank is situated at NO 16671566 15343795 16691500 BANGALORERD CHALLAKERE 577522 CHITRADURGA DIST KA. 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 UTIB0002868 is used.
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including CHALLAKERE of Axis Bank — its own 11-character IFSC. The code UTIB0002868 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0002868 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Challakere branch
Once you have an account at Axis Bank – CHALLAKERE, the IFSC UTIB0002868 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Challakere 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 UTIB0002868
How to transfer money using IFSC UTIB0002868
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 UTIB0002868 across all three.
NEFT to Axis Bank, CHALLAKERE using IFSC UTIB0002868
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0002868, and confirm that the system picks up Axis Bank – CHALLAKERE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CHALLAKERE
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's CHALLAKERE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0002868 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank CHALLAKERE (IFSC UTIB0002868)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0002868 in your mobile or internet banking app, and the money is credited to the CHALLAKERE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0002868 for Axis Bank – CHALLAKERE, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0002868 | Yes – UTIB0002868 | Yes – UTIB0002868 |
For most retail customers crediting the Challakere branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's CHALLAKERE branch, the IFSC UTIB0002868 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Challakere 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 UTIB0002868 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.
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 UTIB0002868 and the account number together uniquely identify the Challakere branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC UTIB0002868
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – CHALLAKERE, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0002868. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Challakere branch
The branch is located at NO 16671566 15343795 16691500 BANGALORERD CHALLAKERE 577522 CHITRADURGA DIST KA, which puts it inside Challakere, the broader Chitradurga district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Challakere branch” — the verified location pin for IFSC UTIB0002868 should appear at the top of the results.
- Confirm the branch is open by calling 8195-224458 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0002868 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0002868 for Axis Bank – CHALLAKERE, 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 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 Challakere branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0002868, however, work 24x7.
Branch address & contact
Axis BankChallakere Branch
NO 16671566 15343795 16691500 BANGALORERD CHALLAKERE 577522 CHITRADURGA DIST KA
Challakere, Karnataka
Phone: 8195-224458
IFSC: UTIB0002868
Frequently asked questions
What is the phone number of Axis Bank Challakere branch?
You can reach the branch at 8195-224458 during regular banking hours.
Can I use IFSC UTIB0002868 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0002868 to send funds instantly.
How do I add Axis Bank Challakere as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002868, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Challakere branch but serve different purposes.
Is IFSC UTIB0002868 the same for all accounts at Challakere branch?
Yes. The IFSC UTIB0002868 is shared by every account held at Axis Bank's Challakere branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using UTIB0002868 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Challakere reflect within 30 minutes.
Final notes
To recap: UTIB0002868 is the IFSC code of Axis Bank, CHALLAKERE branch, in CHALLAKERE, KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
