This page lists the IFSC code, branch address, contact number and fund-transfer information for Axis Bank, NIZAMPET branch in HYDERABAD. The 11-digit IFSC UTIB0002960 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Axis Bank at the NIZAMPET location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – NIZAMPET is UTIB0002960. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002960 map to this branch in HYDERABAD, TELANGANA.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Nizampet |
| IFSC Code | UTIB0002960 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HARITHA COMPLEX 31002B NIZAMPET QUTHBULLAPUR MANDAL RANGA REDDY DISTRICT HYDERABAD 500090 |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| STD Code | 40 |
| Phone | 23893453 |
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nizampet branch in Hyderabad, Telangana is part of this network and uses the IFSC code UTIB0002960 for all electronic settlement.
About this branch
The branch is located at HARITHA COMPLEX 31002B NIZAMPET QUTHBULLAPUR MANDAL RANGA REDDY DISTRICT HYDERABAD 500090. 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 UTIB0002960 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 NIZAMPET branch came to be assigned the code UTIB0002960.
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 UTIB0002960, money simply cannot be routed to the NIZAMPET branch electronically.
How to transfer money using IFSC UTIB0002960
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 UTIB0002960 across all three.
NEFT to Axis Bank, NIZAMPET using IFSC UTIB0002960
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 UTIB0002960, and confirm that the system picks up Axis Bank – NIZAMPET. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NIZAMPET
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's NIZAMPET branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0002960 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 – NIZAMPET, use IMPS. With IFSC UTIB0002960 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 UTIB0002960 for Axis Bank – NIZAMPET, 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 – UTIB0002960 | Yes – UTIB0002960 | Yes – UTIB0002960 |
For most retail customers crediting the Nizampet 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 NIZAMPET branch, the IFSC UTIB0002960 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.
Products and account variants supported
Every account opened at the Nizampet branch is mapped to IFSC UTIB0002960 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 UTIB0002960.
Products and services
Customers walking into the Nizampet 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 UTIB0002960
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 UTIB0002960 and the account number together uniquely identify the Nizampet branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC UTIB0002960
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the NIZAMPET 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 UTIB0002960 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.
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 – NIZAMPET:
- The IFSC is exactly UTIB0002960 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 NIZAMPET 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 Nizampet branch sits at HARITHA COMPLEX 31002B NIZAMPET QUTHBULLAPUR MANDAL RANGA REDDY DISTRICT HYDERABAD 500090. If you are travelling from outside Hyderabad, search for the branch on a maps application using the bank name and locality, or call 40-23893453 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 UTIB0002960 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0002960 for Axis Bank – NIZAMPET, 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.
Working hours
Branch counters at Nizampet 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 UTIB0002960 continue to work without interruption.
Branch address & contact
Axis BankNizampet Branch
HARITHA COMPLEX 31002B NIZAMPET QUTHBULLAPUR MANDAL RANGA REDDY DISTRICT HYDERABAD 500090
Hyderabad, Telangana
Phone: 40-23893453
IFSC: UTIB0002960
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 Nizampet branch but serve different purposes.
Where is Axis Bank Nizampet branch located?
Axis Bank's Nizampet branch is located at HARITHA COMPLEX 31002B NIZAMPET QUTHBULLAPUR MANDAL RANGA REDDY DISTRICT HYDERABAD 500090, Hyderabad, Telangana.
What is the phone number of Axis Bank Nizampet branch?
You can reach the branch at 40-23893453 during regular banking hours.
Is IFSC UTIB0002960 valid for NEFT and RTGS?
Yes. IFSC UTIB0002960 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Axis Bank Nizampet branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 40-23893453 to confirm.
How do I add Axis Bank Nizampet as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002960, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using UTIB0002960 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Nizampet reflect within 30 minutes.
Summary
The IFSC code UTIB0002960 belongs to Axis Bank's NIZAMPET branch, located at HARITHA COMPLEX 31002B NIZAMPET QUTHBULLAPUR MANDAL RANGA REDDY DISTRICT… in HYDERABAD, TELANGANA. 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.
