If you are searching for the IFSC code of Axis Bank, OSMANABAD branch in OSMANABAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is UTIB0001024. 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 OSMANABAD branch, and detailed step-by-step guides for using the IFSC UTIB0001024 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, UTIB0001024 is the IFSC of Axis Bank's OSMANABAD branch. The format is fixed: UTIB = bank code, 0 = reserved, 001024 = branch identifier.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Osmanabad branch in Osmanabad. 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, UTIB0001024.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Osmanabad |
| IFSC Code | UTIB0001024 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND & FIRST FLOORS,KINGS CORNER, SHIVAJI CHOWK,OSMANABAD, MAHARASHTRA , PIN 413501. |
| City | Osmanabad |
| District | Osmanabad |
| State | Maharashtra |
About the Osmanabad branch
The Osmanabad branch of Axis Bank is situated at GROUND & FIRST FLOORS,KINGS CORNER, SHIVAJI CHOWK,OSMANABAD, MAHARASHTRA , PIN 413501.. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0001024 is used.
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 OSMANABAD branch came to be assigned the code UTIB0001024.
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 UTIB0001024, money simply cannot be routed to the OSMANABAD branch electronically.
Products and account variants supported
Every account opened at the Osmanabad branch is mapped to IFSC UTIB0001024 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 UTIB0001024.
Products and services
Customers walking into the Osmanabad 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 UTIB0001024
How to transfer money using IFSC UTIB0001024
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 UTIB0001024 across all three.
NEFT to Axis Bank, OSMANABAD using IFSC UTIB0001024
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 UTIB0001024, and confirm that the system picks up Axis Bank – OSMANABAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to OSMANABAD
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's OSMANABAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0001024 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 – OSMANABAD, use IMPS. With IFSC UTIB0001024 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 UTIB0001024 for Axis Bank – OSMANABAD, 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 – UTIB0001024 | Yes – UTIB0001024 | Yes – UTIB0001024 |
For most retail customers crediting the Osmanabad 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 OSMANABAD branch, the IFSC UTIB0001024 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.
Online banking and IFSC UTIB0001024
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the OSMANABAD 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 UTIB0001024 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.
MICR & cheque-truncation details
Cheques drawn on the Osmanabad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0001024 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC UTIB0001024
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 – OSMANABAD, 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:
UTIB0001024. - 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.
Reaching the branch
The Osmanabad branch sits at GROUND & FIRST FLOORS,KINGS CORNER, SHIVAJI CHOWK,OSMANABAD, MAHARASHTRA , PIN 413501.. If you are travelling from outside Osmanabad, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 UTIB0001024 and your account number.
Verifying IFSC UTIB0001024 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 UTIB0001024 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.
Working hours
Branch counters at Osmanabad 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 UTIB0001024 continue to work without interruption.
Branch address & contact
Axis BankOsmanabad Branch
GROUND & FIRST FLOORS,KINGS CORNER, SHIVAJI CHOWK,OSMANABAD, MAHARASHTRA , PIN 413501.
Osmanabad, Maharashtra
Phone: the branch contact number
IFSC: UTIB0001024
Frequently asked questions
Is IFSC UTIB0001024 the same for all accounts at Osmanabad branch?
Yes. The IFSC UTIB0001024 is shared by every account held at Axis Bank's Osmanabad branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using UTIB0001024 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Osmanabad reflect within 30 minutes.
What is the IFSC code of Axis Bank Osmanabad branch?
The IFSC code of Axis Bank, Osmanabad branch is UTIB0001024. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Axis Bank Osmanabad branch?
You can reach the branch at the branch contact number during regular banking hours.
Where is Axis Bank Osmanabad branch located?
Axis Bank's Osmanabad branch is located at GROUND & FIRST FLOORS,KINGS CORNER, SHIVAJI CHOWK,OSMANABAD, MAHARASHTRA , PIN 413501., Osmanabad, Maharashtra.
How do I add Axis Bank Osmanabad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0001024, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Axis Bank Osmanabad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Can I use IFSC UTIB0001024 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0001024 to send funds instantly.
Summary
The IFSC code UTIB0001024 belongs to Axis Bank's OSMANABAD branch, located at GROUND & FIRST FLOORS,KINGS CORNER, SHIVAJI CHOWK,OSMANABAD, MAHARASHTRA , PIN… in OSMANABAD, MAHARASHTRA. 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.
