If you are searching for the IFSC code of Axis Bank, BN REDDY NAGAR branch in HYDERABAD, TELANGANA, this page has every detail you need. The verified IFSC code for this branch is UTIB0003061. 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 BN REDDY NAGAR branch, and detailed step-by-step guides for using the IFSC UTIB0003061 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 – BN REDDY NAGAR is UTIB0003061. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 003061 map to this branch in HYDERABAD, TELANGANA.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bn Reddy Nagar branch in Hyderabad, Telangana is part of this network and uses the IFSC code UTIB0003061 for all electronic settlement.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Bn Reddy Nagar |
| IFSC Code | UTIB0003061 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070 |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| STD Code | 40 |
| Phone | 65965900 |
About this branch
The branch is located at PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070. It serves the Hyderabad 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 UTIB0003061 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 BN REDDY NAGAR branch came to be assigned the code UTIB0003061.
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 UTIB0003061, money simply cannot be routed to the BN REDDY NAGAR branch electronically.
Products and account variants supported
Every account opened at the Bn Reddy Nagar branch is mapped to IFSC UTIB0003061 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 UTIB0003061.
Products and services
Customers walking into the Bn Reddy Nagar 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 UTIB0003061
How to transfer money using IFSC UTIB0003061
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 UTIB0003061 across all three.
NEFT to Axis Bank, BN REDDY NAGAR using IFSC UTIB0003061
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 UTIB0003061, and confirm that the system picks up Axis Bank – BN REDDY NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to BN REDDY NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's BN REDDY NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0003061 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – BN REDDY NAGAR, use IMPS. With IFSC UTIB0003061 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 UTIB0003061 for Axis Bank – BN REDDY NAGAR, 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 – UTIB0003061 | Yes – UTIB0003061 | Yes – UTIB0003061 |
For most retail customers crediting the Bn Reddy Nagar 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 BN REDDY NAGAR branch, the IFSC UTIB0003061 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.
Online banking and IFSC UTIB0003061
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the BN REDDY NAGAR 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 UTIB0003061 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.
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 UTIB0003061 and the account number together uniquely identify the Bn Reddy Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – BN REDDY NAGAR:
- The IFSC is exactly UTIB0003061 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 BN REDDY NAGAR 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 Bn Reddy Nagar branch sits at PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070. If you are travelling from outside Hyderabad, search for the branch on a maps application using the bank name and locality, or call 40-65965900 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 UTIB0003061 and your account number.
Verifying IFSC UTIB0003061 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 UTIB0003061 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 40-65965900.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Bn Reddy Nagar 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 UTIB0003061 continue to work without interruption.
Branch address & contact
Axis BankBn Reddy Nagar Branch
PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070
Hyderabad, Telangana
Phone: 40-65965900
IFSC: UTIB0003061
Frequently asked questions
How do I add Axis Bank Bn Reddy Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0003061, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC UTIB0003061 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0003061 to send funds instantly.
Where is Axis Bank Bn Reddy Nagar branch located?
Axis Bank's Bn Reddy Nagar branch is located at PLOT NO 7 AND 17 SAGAR ROAD BALAJI NAGAR BN REDDY NAGAR HYDERABAD 500070, Hyderabad, Telangana.
What is the phone number of Axis Bank Bn Reddy Nagar branch?
You can reach the branch at 40-65965900 during regular banking hours.
What is the IFSC code of Axis Bank Bn Reddy Nagar branch?
The IFSC code of Axis Bank, Bn Reddy Nagar branch is UTIB0003061. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC UTIB0003061 the same for all accounts at Bn Reddy Nagar branch?
Yes. The IFSC UTIB0003061 is shared by every account held at Axis Bank's Bn Reddy Nagar branch. Only the account number changes from customer to customer.
Final notes
To recap: UTIB0003061 is the IFSC code of Axis Bank, BN REDDY NAGAR branch, in HYDERABAD, TELANGANA. 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.
