Use this page as a one-stop reference for everything related to Axis Bank's BARGAWAN KATNI branch in KATNI, MADHYA PRADESH. The branch's IFSC code UTIB0005245 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.
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, UTIB0005245 is the IFSC of Axis Bank's BARGAWAN KATNI branch. The format is fixed: UTIB = bank code, 0 = reserved, 005245 = branch identifier.
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Bargawan Katni branch — IFSC UTIB0005245 — extends the bank's services to customers in and around Katni, Madhya Pradesh.
About this branch
The branch is located at GROUND AND FIRST FLOOR, BARGAVAN ROAD, BESIDE INDIAN COFFEE HOUSE,PO HEAD POST OFFICE KATNI. It serves the Katni 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 UTIB0005245 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Bargawan Katni |
| IFSC Code | UTIB0005245 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND AND FIRST FLOOR, BARGAVAN ROAD, BESIDE INDIAN COFFEE HOUSE,PO HEAD POST OFFICE KATNI |
| City | Katni |
| District | Katni |
| State | Madhya Pradesh |
| STD Code | 7622 |
| Phone | 7471119007 |
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BARGAWAN KATNI of Axis Bank — its own 11-character IFSC. The code UTIB0005245 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0005245 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Bargawan Katni branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0005245 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 UTIB0005245
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 UTIB0005245 across all three.
How to use IFSC UTIB0005245 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's BARGAWAN KATNI 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 UTIB0005245.
- Confirm the bank name auto-populates as Axis Bank and the branch as BARGAWAN KATNI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0005245
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 – BARGAWAN KATNI, ensure your bank's portal accepts IFSC UTIB0005245 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank BARGAWAN KATNI (IFSC UTIB0005245)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0005245 in your mobile or internet banking app, and the money is credited to the BARGAWAN KATNI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Bargawan Katni
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0005245:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BARGAWAN KATNI is still linked to IFSC UTIB0005245.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
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 BARGAWAN KATNI branch, the IFSC UTIB0005245 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 Bargawan Katni branch is mapped to IFSC UTIB0005245 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 UTIB0005245.
Products and services
Customers walking into the Bargawan Katni 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 UTIB0005245
Digital banking channels
Most day-to-day work that customers used to do at the Bargawan Katni 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 UTIB0005245 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 Bargawan Katni branch sits at GROUND AND FIRST FLOOR, BARGAVAN ROAD, BESIDE INDIAN COFFEE HOUSE,PO HEAD POST OFFICE KATNI. If you are travelling from outside Katni, search for the branch on a maps application using the bank name and locality, or call 7622-7471119007 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 UTIB0005245 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 – BARGAWAN KATNI:
- The IFSC is exactly UTIB0005245 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 BARGAWAN KATNI 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.
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 Bargawan Katni branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0005245, however, work 24x7.
Verifying IFSC UTIB0005245 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 UTIB0005245 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7622-7471119007.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankBargawan Katni Branch
GROUND AND FIRST FLOOR, BARGAVAN ROAD, BESIDE INDIAN COFFEE HOUSE,PO HEAD POST OFFICE KATNI
Katni, Madhya Pradesh
Phone: 7622-7471119007
IFSC: UTIB0005245
Frequently asked questions
Where is Axis Bank Bargawan Katni branch located?
Axis Bank's Bargawan Katni branch is located at GROUND AND FIRST FLOOR, BARGAVAN ROAD, BESIDE INDIAN COFFEE HOUSE,PO HEAD POST OFFICE KATNI, Katni, Madhya Pradesh.
How do I add Axis Bank Bargawan Katni as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0005245, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Bargawan Katni branch but serve different purposes.
Is IFSC UTIB0005245 valid for NEFT and RTGS?
Yes. IFSC UTIB0005245 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Axis Bank Bargawan Katni branch?
You can reach the branch at 7622-7471119007 during regular banking hours.
How quickly will an NEFT transfer using UTIB0005245 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Bargawan Katni reflect within 30 minutes.
Is IFSC UTIB0005245 the same for all accounts at Bargawan Katni branch?
Yes. The IFSC UTIB0005245 is shared by every account held at Axis Bank's Bargawan Katni branch. Only the account number changes from customer to customer.
Final notes
To recap: UTIB0005245 is the IFSC code of Axis Bank, BARGAWAN KATNI branch, in KATNI, MADHYA PRADESH. 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.
