If you are searching for the IFSC code of Axis Bank, BHAWARKUA branch in INDORE, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is UTIB0004476. 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 BHAWARKUA branch, and detailed step-by-step guides for using the IFSC UTIB0004476 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, UTIB0004476 is the IFSC of Axis Bank's BHAWARKUA branch. The format is fixed: UTIB = bank code, 0 = reserved, 004476 = branch identifier.
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Bhawarkua branch — IFSC UTIB0004476 — extends the bank's services to customers in and around Indore, Madhya Pradesh.
About the Bhawarkua branch
The Bhawarkua branch of Axis Bank is situated at GROUND FLOOR REGENCY UDAYVEER ,2 VISHNUPURI MAIN AB ROAD. 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 UTIB0004476 is used.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Bhawarkua |
| IFSC Code | UTIB0004476 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR REGENCY UDAYVEER ,2 VISHNUPURI MAIN AB ROAD |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 731 |
| Phone | 1860419555 |
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 BHAWARKUA branch came to be assigned the code UTIB0004476.
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 UTIB0004476, money simply cannot be routed to the BHAWARKUA branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Bhawarkua branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0004476 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC UTIB0004476
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 UTIB0004476 across all three.
NEFT to Axis Bank, BHAWARKUA using IFSC UTIB0004476
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 UTIB0004476, and confirm that the system picks up Axis Bank – BHAWARKUA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to BHAWARKUA
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's BHAWARKUA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0004476 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank BHAWARKUA (IFSC UTIB0004476)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0004476 in your mobile or internet banking app, and the money is credited to the BHAWARKUA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0004476 for Axis Bank – BHAWARKUA, 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 – UTIB0004476 | Yes – UTIB0004476 | Yes – UTIB0004476 |
For most retail customers crediting the Bhawarkua 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 BHAWARKUA branch, the IFSC UTIB0004476 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 Bhawarkua branch is mapped to IFSC UTIB0004476 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 UTIB0004476.
Banking services available
The Bhawarkua branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 731-1860419555.
- 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 UTIB0004476
Digital banking channels
Most day-to-day work that customers used to do at the Bhawarkua 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 UTIB0004476 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.
Reaching the branch
The Bhawarkua branch sits at GROUND FLOOR REGENCY UDAYVEER ,2 VISHNUPURI MAIN AB ROAD. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call 731-1860419555 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 UTIB0004476 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 – BHAWARKUA:
- The IFSC is exactly UTIB0004476 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 BHAWARKUA 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 Bhawarkua 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 UTIB0004476 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0004476 for Axis Bank – BHAWARKUA, 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 BankBhawarkua Branch
GROUND FLOOR REGENCY UDAYVEER ,2 VISHNUPURI MAIN AB ROAD
Indore, Madhya Pradesh
Phone: 731-1860419555
IFSC: UTIB0004476
Frequently asked questions
Does Axis Bank Bhawarkua branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 731-1860419555 to confirm.
Is IFSC UTIB0004476 the same for all accounts at Bhawarkua branch?
Yes. The IFSC UTIB0004476 is shared by every account held at Axis Bank's Bhawarkua branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using UTIB0004476 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Bhawarkua reflect within 30 minutes.
Can I use IFSC UTIB0004476 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0004476 to send funds instantly.
What is the phone number of Axis Bank Bhawarkua branch?
You can reach the branch at 731-1860419555 during regular banking hours.
Is IFSC UTIB0004476 valid for NEFT and RTGS?
Yes. IFSC UTIB0004476 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Bhawarkua branch but serve different purposes.
Summary
The IFSC code UTIB0004476 belongs to Axis Bank's BHAWARKUA branch, located at GROUND FLOOR REGENCY UDAYVEER ,2 VISHNUPURI MAIN AB ROAD in INDORE, MADHYA PRADESH. 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.
