Use this page as a one-stop reference for everything related to Axis Bank's SCHEME NO SEVENTY EIGHT branch in INDORE, MADHYA PRADESH. The branch's IFSC code UTIB0003780 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 SCHEME NO SEVENTY EIGHT branch, the IFSC UTIB0003780 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 003780 identifies this particular branch.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Scheme No Seventy Eight branch in Indore. 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, UTIB0003780.
About this branch
The branch is located at SCHEME NO.78 PLOT NO.50 PART II VIJAY NAGAR. It serves the Indore 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 UTIB0003780 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Scheme No Seventy Eight |
| IFSC Code | UTIB0003780 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SCHEME NO.78 PLOT NO.50 PART II VIJAY NAGAR |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
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 SCHEME NO SEVENTY EIGHT branch came to be assigned the code UTIB0003780.
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 UTIB0003780, money simply cannot be routed to the SCHEME NO SEVENTY EIGHT branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Scheme No Seventy Eight branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0003780 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 UTIB0003780
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 UTIB0003780 across all three.
NEFT to Axis Bank, SCHEME NO SEVENTY EIGHT using IFSC UTIB0003780
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 UTIB0003780, and confirm that the system picks up Axis Bank – SCHEME NO SEVENTY EIGHT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UTIB0003780
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 – SCHEME NO SEVENTY EIGHT, ensure your bank's portal accepts IFSC UTIB0003780 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank SCHEME NO SEVENTY EIGHT (IFSC UTIB0003780)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0003780 in your mobile or internet banking app, and the money is credited to the SCHEME NO SEVENTY EIGHT branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0003780 for Axis Bank – SCHEME NO SEVENTY EIGHT, 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 – UTIB0003780 | Yes – UTIB0003780 | Yes – UTIB0003780 |
For most retail customers crediting the Scheme No Seventy Eight 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 SCHEME NO SEVENTY EIGHT branch, the IFSC UTIB0003780 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 Scheme No Seventy Eight branch is mapped to IFSC UTIB0003780 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 UTIB0003780.
Products and services
Customers walking into the Scheme No Seventy Eight 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 UTIB0003780
Online banking and IFSC UTIB0003780
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the SCHEME NO SEVENTY EIGHT 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 UTIB0003780 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.
How to reach the Scheme No Seventy Eight branch
The branch is located at SCHEME NO.78 PLOT NO.50 PART II VIJAY NAGAR, which puts it inside Indore, the broader Indore district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Scheme No Seventy Eight branch” — the verified location pin for IFSC UTIB0003780 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 UTIB0003780 and your account number.
Common mistakes to avoid when using IFSC UTIB0003780
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 – SCHEME NO SEVENTY EIGHT, 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:
UTIB0003780. - 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.
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 Scheme No Seventy Eight branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0003780, however, work 24x7.
Verifying IFSC UTIB0003780 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 UTIB0003780 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.
Branch address & contact
Axis BankScheme No Seventy Eight Branch
SCHEME NO.78 PLOT NO.50 PART II VIJAY NAGAR
Indore, Madhya Pradesh
Phone: the branch contact number
IFSC: UTIB0003780
Frequently asked questions
Is IFSC UTIB0003780 valid for NEFT and RTGS?
Yes. IFSC UTIB0003780 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC UTIB0003780 the same for all accounts at Scheme No Seventy Eight branch?
Yes. The IFSC UTIB0003780 is shared by every account held at Axis Bank's Scheme No Seventy Eight branch. Only the account number changes from customer to customer.
How do I add Axis Bank Scheme No Seventy Eight as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0003780, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Axis Bank Scheme No Seventy Eight branch?
The IFSC code of Axis Bank, Scheme No Seventy Eight branch is UTIB0003780. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Axis Bank Scheme No Seventy Eight branch?
You can reach the branch at the branch contact number during regular banking hours.
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 Scheme No Seventy Eight branch but serve different purposes.
How quickly will an NEFT transfer using UTIB0003780 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Scheme No Seventy Eight reflect within 30 minutes.
Summary
The IFSC code UTIB0003780 belongs to Axis Bank's SCHEME NO SEVENTY EIGHT branch, located at SCHEME NO.78 PLOT NO.50 PART II VIJAY NAGAR 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.
