If you are searching for the IFSC code of Axis Bank, INDRAPRASTHA SEHKARI BANK LTD branch in DELHI, DELHI, this page has every detail you need. The verified IFSC code for this branch is UTIB0SIPSB2. 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 INDRAPRASTHA SEHKARI BANK LTD branch, and detailed step-by-step guides for using the IFSC UTIB0SIPSB2 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, UTIB0SIPSB2 is the IFSC of Axis Bank's INDRAPRASTHA SEHKARI BANK LTD branch. The format is fixed: UTIB = bank code, 0 = reserved, SIPSB2 = branch identifier.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Indraprastha Sehkari Bank Ltd |
| IFSC Code | UTIB0SIPSB2 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 794 JOSHI ROAD KAROL BAGH NEW DELHI-110005 |
| City | Delhi |
| District | Delhi |
| State | Delhi |
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Indraprastha Sehkari Bank Ltd branch in Delhi. 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, UTIB0SIPSB2.
About this branch
The branch is located at 794 JOSHI ROAD KAROL BAGH NEW DELHI-110005. It serves the Delhi region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Axis Bank. The IFSC UTIB0SIPSB2 is used to identify this branch on the RBI payments network.
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 INDRAPRASTHA SEHKARI BANK LTD branch came to be assigned the code UTIB0SIPSB2.
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 UTIB0SIPSB2, money simply cannot be routed to the INDRAPRASTHA SEHKARI BANK LTD branch electronically.
How to transfer money using IFSC UTIB0SIPSB2
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 UTIB0SIPSB2 across all three.
How to use IFSC UTIB0SIPSB2 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's INDRAPRASTHA SEHKARI BANK LTD 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 UTIB0SIPSB2.
- Confirm the bank name auto-populates as Axis Bank and the branch as INDRAPRASTHA SEHKARI BANK LTD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0SIPSB2
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 – INDRAPRASTHA SEHKARI BANK LTD, ensure your bank's portal accepts IFSC UTIB0SIPSB2 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – INDRAPRASTHA SEHKARI BANK LTD, use IMPS. With IFSC UTIB0SIPSB2 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0SIPSB2 for Axis Bank – INDRAPRASTHA SEHKARI BANK LTD, 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 – UTIB0SIPSB2 | Yes – UTIB0SIPSB2 | Yes – UTIB0SIPSB2 |
For most retail customers crediting the Indraprastha Sehkari Bank Ltd 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.
UPI payments and IFSC UTIB0SIPSB2
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 – INDRAPRASTHA SEHKARI BANK LTD is still mapped to IFSC UTIB0SIPSB2. 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 UTIB0SIPSB2 and the beneficiary's account number to complete the transfer.
Account types you can open at the Indraprastha Sehkari Bank Ltd branch
Once you have an account at Axis Bank – INDRAPRASTHA SEHKARI BANK LTD, the IFSC UTIB0SIPSB2 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.
Banking services available
The Indraprastha Sehkari Bank Ltd branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0SIPSB2
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 UTIB0SIPSB2 and the account number together uniquely identify the Indraprastha Sehkari Bank Ltd branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC UTIB0SIPSB2
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the INDRAPRASTHA SEHKARI BANK LTD 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 UTIB0SIPSB2 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.
Common mistakes to avoid when using IFSC UTIB0SIPSB2
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 – INDRAPRASTHA SEHKARI BANK LTD, 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:
UTIB0SIPSB2. - 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 Indraprastha Sehkari Bank Ltd branch
The branch is located at 794 JOSHI ROAD KAROL BAGH NEW DELHI-110005, which puts it inside Delhi, the broader Delhi district, and the state of Delhi. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Indraprastha Sehkari Bank Ltd branch” — the verified location pin for IFSC UTIB0SIPSB2 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number 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 UTIB0SIPSB2 and your account number.
Verifying IFSC UTIB0SIPSB2 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 UTIB0SIPSB2 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.
Working hours
Branch counters at Indraprastha Sehkari Bank Ltd 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 UTIB0SIPSB2 continue to work without interruption.
Branch address & contact
Axis BankIndraprastha Sehkari Bank Ltd Branch
794 JOSHI ROAD KAROL BAGH NEW DELHI-110005
Delhi, Delhi
Phone: the branch contact number
IFSC: UTIB0SIPSB2
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 Indraprastha Sehkari Bank Ltd branch but serve different purposes.
Is IFSC UTIB0SIPSB2 valid for NEFT and RTGS?
Yes. IFSC UTIB0SIPSB2 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC UTIB0SIPSB2 the same for all accounts at Indraprastha Sehkari Bank Ltd branch?
Yes. The IFSC UTIB0SIPSB2 is shared by every account held at Axis Bank's Indraprastha Sehkari Bank Ltd branch. Only the account number changes from customer to customer.
Where is Axis Bank Indraprastha Sehkari Bank Ltd branch located?
Axis Bank's Indraprastha Sehkari Bank Ltd branch is located at 794 JOSHI ROAD KAROL BAGH NEW DELHI-110005, Delhi, Delhi.
What is the IFSC code of Axis Bank Indraprastha Sehkari Bank Ltd branch?
The IFSC code of Axis Bank, Indraprastha Sehkari Bank Ltd branch is UTIB0SIPSB2. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using UTIB0SIPSB2 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Indraprastha Sehkari Bank Ltd reflect within 30 minutes.
Does Axis Bank Indraprastha Sehkari Bank Ltd branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Can I use IFSC UTIB0SIPSB2 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0SIPSB2 to send funds instantly.
Summary
The IFSC code UTIB0SIPSB2 belongs to Axis Bank's INDRAPRASTHA SEHKARI BANK LTD branch, located at 794 JOSHI ROAD KAROL BAGH NEW DELHI-110005 in DELHI, DELHI. 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.
