IFSC Code of Axis Bank, Rajabazar Midnapur Branch Branch, West Bengal

If you are searching for the IFSC code of Axis Bank, RAJABAZAR MIDNAPUR BRANCH branch in MIDNAPUR, WEST BENGAL, this page has every detail you need. The verified IFSC code for this branch is UTIB0002948. 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 RAJABAZAR MIDNAPUR BRANCH branch, and detailed step-by-step guides for using the IFSC UTIB0002948 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, UTIB0002948 is the IFSC of Axis Bank's RAJABAZAR MIDNAPUR BRANCH branch. The format is fixed: UTIB = bank code, 0 = reserved, 002948 = branch identifier.

About Axis Bank

Axis Bank operates a wide network of branches across India, including the Rajabazar Midnapur Branch branch in Midnapur. 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, UTIB0002948.

Rajabazar Midnapur Branch branch overview

Located at GR FL HEAD POST OFF RD RAJA BAZAR PS KOTWALI PO MIDNAPUR DIST PASCHIM MEDINIPUR PIN 721101, the Rajabazar Midnapur Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0002948 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 RAJABAZAR MIDNAPUR BRANCH branch came to be assigned the code UTIB0002948.

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 UTIB0002948, money simply cannot be routed to the RAJABAZAR MIDNAPUR BRANCH 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 UTIB0002948 and the account number together uniquely identify the Rajabazar Midnapur Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC UTIB0002948

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 UTIB0002948 across all three.

NEFT to Axis Bank, RAJABAZAR MIDNAPUR BRANCH using IFSC UTIB0002948

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 UTIB0002948, and confirm that the system picks up Axis Bank – RAJABAZAR MIDNAPUR BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to RAJABAZAR MIDNAPUR BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's RAJABAZAR MIDNAPUR BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0002948 while initiating the transfer and the credit will appear within minutes.

IMPS to Axis Bank RAJABAZAR MIDNAPUR BRANCH (IFSC UTIB0002948)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0002948 in your mobile or internet banking app, and the money is credited to the RAJABAZAR MIDNAPUR BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Rajabazar Midnapur Branch

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 UTIB0002948:

• 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 RAJABAZAR MIDNAPUR BRANCH is still linked to IFSC UTIB0002948.

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 RAJABAZAR MIDNAPUR BRANCH branch, the IFSC UTIB0002948 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 Rajabazar Midnapur Branch branch is mapped to IFSC UTIB0002948 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 UTIB0002948.

Products and services

Customers walking into the Rajabazar Midnapur Branch 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 UTIB0002948

Digital banking channels

Most day-to-day work that customers used to do at the Rajabazar Midnapur Branch 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 UTIB0002948 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.

How to reach the Rajabazar Midnapur Branch branch

The branch is located at GR FL HEAD POST OFF RD RAJA BAZAR PS KOTWALI PO MIDNAPUR DIST PASCHIM MEDINIPUR PIN 721101, which puts it inside Midnapur, the broader Paschim Medinipur district, and the state of West Bengal. To plan your visit:

1. Open Google Maps on your phone and search for “Axis Bank Rajabazar Midnapur Branch branch” — the verified location pin for IFSC UTIB0002948 should appear at the top of the results.
2. Confirm the branch is open by calling 91-9933060617 before stepping out, especially around public holidays.
3. 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 UTIB0002948 and your account number.

Common mistakes to avoid when using IFSC UTIB0002948

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 – RAJABAZAR MIDNAPUR BRANCH, 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: UTIB0002948.
• 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 Rajabazar Midnapur Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0002948, however, work 24x7.

Verifying IFSC UTIB0002948 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 UTIB0002948 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-9933060617.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code UTIB0002948 belongs to Axis Bank's RAJABAZAR MIDNAPUR BRANCH branch, located at GR FL HEAD POST OFF RD RAJA BAZAR PS KOTWALI PO MIDNAPUR DIST PASCHIM… in MIDNAPUR, WEST BENGAL. 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.