This page lists the IFSC code, branch address, contact number and fund-transfer information for Axis Bank, PHALORA NAGBANI branch in JAMMU. The 11-digit IFSC UTIB0002491 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 PHALORA NAGBANI 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.
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 PHALORA NAGBANI branch, the IFSC UTIB0002491 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 002491 identifies this particular branch.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Phalora Nagbani branch in Jammu, Jammu and Kashmir is part of this network and uses the IFSC code UTIB0002491 for all electronic settlement.
Phalora Nagbani branch overview
Located at GROUND FLOOR KAHSRA NO 598 GAJANSOO ROAD PHALORA NAGBANI JAMMU 180002, the Phalora Nagbani branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0002491 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Phalora Nagbani |
| IFSC Code | UTIB0002491 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR KAHSRA NO 598 GAJANSOO ROAD PHALORA NAGBANI JAMMU 180002 |
| City | Jammu |
| District | Jammu |
| State | Jammu and Kashmir |
| STD Code | 191 |
| Phone | 236617 |
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 PHALORA NAGBANI branch came to be assigned the code UTIB0002491.
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 UTIB0002491, money simply cannot be routed to the PHALORA NAGBANI branch electronically.
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 UTIB0002491 and the account number together uniquely identify the Phalora Nagbani branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0002491
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 UTIB0002491 across all three.
How to use IFSC UTIB0002491 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's PHALORA NAGBANI 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 UTIB0002491.
- Confirm the bank name auto-populates as Axis Bank and the branch as PHALORA NAGBANI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to PHALORA NAGBANI
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PHALORA NAGBANI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0002491 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 – PHALORA NAGBANI, use IMPS. With IFSC UTIB0002491 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 UTIB0002491 for Axis Bank – PHALORA NAGBANI, 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 – UTIB0002491 | Yes – UTIB0002491 | Yes – UTIB0002491 |
For most retail customers crediting the Phalora Nagbani 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 UTIB0002491
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 – PHALORA NAGBANI is still mapped to IFSC UTIB0002491. 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 UTIB0002491 and the beneficiary's account number to complete the transfer.
Account types you can open at the Phalora Nagbani branch
Once you have an account at Axis Bank – PHALORA NAGBANI, the IFSC UTIB0002491 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 Phalora Nagbani branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 191-236617.
- 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 UTIB0002491
Online banking and IFSC UTIB0002491
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the PHALORA NAGBANI 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 UTIB0002491 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 Phalora Nagbani branch
The branch is located at GROUND FLOOR KAHSRA NO 598 GAJANSOO ROAD PHALORA NAGBANI JAMMU 180002, which puts it inside Jammu, the broader Jammu district, and the state of Jammu and Kashmir. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Phalora Nagbani branch” — the verified location pin for IFSC UTIB0002491 should appear at the top of the results.
- Confirm the branch is open by calling 191-236617 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 UTIB0002491 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 – PHALORA NAGBANI:
- The IFSC is exactly UTIB0002491 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 PHALORA NAGBANI 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 Phalora Nagbani 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 UTIB0002491 continue to work without interruption.
Verifying IFSC UTIB0002491 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 UTIB0002491 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 191-236617.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankPhalora Nagbani Branch
GROUND FLOOR KAHSRA NO 598 GAJANSOO ROAD PHALORA NAGBANI JAMMU 180002
Jammu, Jammu and Kashmir
Phone: 191-236617
IFSC: UTIB0002491
Frequently asked questions
How do I add Axis Bank Phalora Nagbani as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002491, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Axis Bank Phalora Nagbani branch?
The IFSC code of Axis Bank, Phalora Nagbani branch is UTIB0002491. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using UTIB0002491 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Phalora Nagbani reflect within 30 minutes.
Is IFSC UTIB0002491 the same for all accounts at Phalora Nagbani branch?
Yes. The IFSC UTIB0002491 is shared by every account held at Axis Bank's Phalora Nagbani branch. Only the account number changes from customer to customer.
What is the phone number of Axis Bank Phalora Nagbani branch?
You can reach the branch at 191-236617 during regular banking hours.
Is IFSC UTIB0002491 valid for NEFT and RTGS?
Yes. IFSC UTIB0002491 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code UTIB0002491 belongs to Axis Bank's PHALORA NAGBANI branch, located at GROUND FLOOR KAHSRA NO 598 GAJANSOO ROAD PHALORA NAGBANI JAMMU 180002 in JAMMU, JAMMU AND KASHMIR. 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.
