Use this page as a one-stop reference for everything related to Axis Bank's NEW MORADABAD branch in MORADABAD, UTTAR PRADESH. The branch's IFSC code UTIB0005423 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, UTIB0005423 is the IFSC of Axis Bank's NEW MORADABAD branch. The format is fixed: UTIB = bank code, 0 = reserved, 005423 = branch identifier.
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The New Moradabad branch — IFSC UTIB0005423 — extends the bank's services to customers in and around Moradabad, Uttar Pradesh.
New Moradabad branch overview
Located at GROUND FLOOR, ASHOKA COMPLEX, BUILDING NUMBER C 55, SECTOR 12A, NEW MORADABAD YOJANA, MORADABAD 244102, UTTAR PRADESH, the New Moradabad branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0005423 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | New Moradabad |
| IFSC Code | UTIB0005423 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, ASHOKA COMPLEX, BUILDING NUMBER C 55, SECTOR 12A, NEW MORADABAD YOJANA, MORADABAD 244102, UTTAR PRADESH |
| City | Moradabad |
| District | Moradabad |
| State | Uttar Pradesh |
| STD Code | 591 |
| Phone | 8923752038 |
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 NEW MORADABAD branch came to be assigned the code UTIB0005423.
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 UTIB0005423, money simply cannot be routed to the NEW MORADABAD 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 UTIB0005423 and the account number together uniquely identify the New Moradabad branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0005423
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 UTIB0005423 across all three.
NEFT to Axis Bank, NEW MORADABAD using IFSC UTIB0005423
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 UTIB0005423, and confirm that the system picks up Axis Bank – NEW MORADABAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UTIB0005423
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 – NEW MORADABAD, ensure your bank's portal accepts IFSC UTIB0005423 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank NEW MORADABAD (IFSC UTIB0005423)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0005423 in your mobile or internet banking app, and the money is credited to the NEW MORADABAD branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0005423 for Axis Bank – NEW MORADABAD, 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 – UTIB0005423 | Yes – UTIB0005423 | Yes – UTIB0005423 |
For most retail customers crediting the New Moradabad 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 UTIB0005423
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 – NEW MORADABAD is still mapped to IFSC UTIB0005423. 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 UTIB0005423 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the New Moradabad branch is mapped to IFSC UTIB0005423 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 UTIB0005423.
Banking services available
The New Moradabad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 591-8923752038.
- 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 UTIB0005423
Digital banking channels
Most day-to-day work that customers used to do at the New Moradabad 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 UTIB0005423 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 New Moradabad branch
The branch is located at GROUND FLOOR, ASHOKA COMPLEX, BUILDING NUMBER C 55, SECTOR 12A, NEW MORADABAD YOJANA, MORADABAD 244102, UTTAR PRADESH, which puts it inside Moradabad, the broader Moradabad district, and the state of Uttar Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank New Moradabad branch” — the verified location pin for IFSC UTIB0005423 should appear at the top of the results.
- Confirm the branch is open by calling 591-8923752038 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 UTIB0005423 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 – NEW MORADABAD:
- The IFSC is exactly UTIB0005423 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 NEW MORADABAD 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 New Moradabad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0005423, however, work 24x7.
Verifying IFSC UTIB0005423 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 UTIB0005423 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 591-8923752038.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankNew Moradabad Branch
GROUND FLOOR, ASHOKA COMPLEX, BUILDING NUMBER C 55, SECTOR 12A, NEW MORADABAD YOJANA, MORADABAD 244102, UTTAR PRADESH
Moradabad, Uttar Pradesh
Phone: 591-8923752038
IFSC: UTIB0005423
Frequently asked questions
Can I use IFSC UTIB0005423 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0005423 to send funds instantly.
How do I add Axis Bank New Moradabad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0005423, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC UTIB0005423 valid for NEFT and RTGS?
Yes. IFSC UTIB0005423 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 New Moradabad branch but serve different purposes.
Where is Axis Bank New Moradabad branch located?
Axis Bank's New Moradabad branch is located at GROUND FLOOR, ASHOKA COMPLEX, BUILDING NUMBER C 55, SECTOR 12A, NEW MORADABAD YOJANA, MORADABAD 244102, UTTAR PRADESH, Moradabad, Uttar Pradesh.
Is IFSC UTIB0005423 the same for all accounts at New Moradabad branch?
Yes. The IFSC UTIB0005423 is shared by every account held at Axis Bank's New Moradabad branch. Only the account number changes from customer to customer.
Summary
The IFSC code UTIB0005423 belongs to Axis Bank's NEW MORADABAD branch, located at GROUND FLOOR, ASHOKA COMPLEX, BUILDING NUMBER C 55, SECTOR 12A, NEW MORADABAD… in MORADABAD, UTTAR 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.
