If you are searching for the IFSC code of Axis Bank, TELIBANDHA SQUARE branch in RAIPUR, CHHATTISGARH, this page has every detail you need. The verified IFSC code for this branch is UTIB0002047. 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 TELIBANDHA SQUARE branch, and detailed step-by-step guides for using the IFSC UTIB0002047 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.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Axis Bank – TELIBANDHA SQUARE is UTIB0002047. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002047 map to this branch in RAIPUR, CHHATTISGARH.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Telibandha Square branch in Raipur, Chhattisgarh is part of this network and uses the IFSC code UTIB0002047 for all electronic settlement.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Telibandha Square |
| IFSC Code | UTIB0002047 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND AND FIRST FLOORS, CITY PLAZA TELIBANDHA SQUARE,RING ROAD OPPOSITE POLICE STATION,TELIBANDHA,RAIPUR -492006 |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| STD Code | 0 |
| Phone | 0 |
About this branch
The branch is located at GROUND AND FIRST FLOORS, CITY PLAZA TELIBANDHA SQUARE,RING ROAD OPPOSITE POLICE STATION,TELIBANDHA,RAIPUR -492006. It serves the Raipur 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 UTIB0002047 is used to identify this branch on the RBI payments network.
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 TELIBANDHA SQUARE of Axis Bank — its own 11-character IFSC. The code UTIB0002047 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 UTIB0002047 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Telibandha Square branch is mapped to IFSC UTIB0002047 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 UTIB0002047.
Products and services
Customers walking into the Telibandha Square 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 UTIB0002047
How to transfer money using IFSC UTIB0002047
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 UTIB0002047 across all three.
NEFT to Axis Bank, TELIBANDHA SQUARE using IFSC UTIB0002047
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 UTIB0002047, and confirm that the system picks up Axis Bank – TELIBANDHA SQUARE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to TELIBANDHA SQUARE
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's TELIBANDHA SQUARE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0002047 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank TELIBANDHA SQUARE (IFSC UTIB0002047)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0002047 in your mobile or internet banking app, and the money is credited to the TELIBANDHA SQUARE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0002047 for Axis Bank – TELIBANDHA SQUARE, 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 – UTIB0002047 | Yes – UTIB0002047 | Yes – UTIB0002047 |
For most retail customers crediting the Telibandha Square 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 UTIB0002047
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 – TELIBANDHA SQUARE is still mapped to IFSC UTIB0002047. 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 UTIB0002047 and the beneficiary's account number to complete the transfer.
Online banking and IFSC UTIB0002047
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the TELIBANDHA SQUARE 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 UTIB0002047 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 Telibandha Square branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0002047 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 UTIB0002047
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 – TELIBANDHA SQUARE, 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:
UTIB0002047. - 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 Telibandha Square branch sits at GROUND AND FIRST FLOORS, CITY PLAZA TELIBANDHA SQUARE,RING ROAD OPPOSITE POLICE STATION,TELIBANDHA,RAIPUR -492006. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 0 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 UTIB0002047 and your account number.
Verifying IFSC UTIB0002047 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 UTIB0002047 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
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 Telibandha Square branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0002047, however, work 24x7.
Branch address & contact
Axis BankTelibandha Square Branch
GROUND AND FIRST FLOORS, CITY PLAZA TELIBANDHA SQUARE,RING ROAD OPPOSITE POLICE STATION,TELIBANDHA,RAIPUR -492006
Raipur, Chhattisgarh
Phone: 0
IFSC: UTIB0002047
Frequently asked questions
Where is Axis Bank Telibandha Square branch located?
Axis Bank's Telibandha Square branch is located at GROUND AND FIRST FLOORS, CITY PLAZA TELIBANDHA SQUARE,RING ROAD OPPOSITE POLICE STATION,TELIBANDHA,RAIPUR -492006, Raipur, Chhattisgarh.
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 Telibandha Square branch but serve different purposes.
How quickly will an NEFT transfer using UTIB0002047 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Telibandha Square reflect within 30 minutes.
What is the IFSC code of Axis Bank Telibandha Square branch?
The IFSC code of Axis Bank, Telibandha Square branch is UTIB0002047. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC UTIB0002047 the same for all accounts at Telibandha Square branch?
Yes. The IFSC UTIB0002047 is shared by every account held at Axis Bank's Telibandha Square branch. Only the account number changes from customer to customer.
How do I add Axis Bank Telibandha Square as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002047, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Axis Bank Telibandha Square branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Can I use IFSC UTIB0002047 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0002047 to send funds instantly.
Final notes
To recap: UTIB0002047 is the IFSC code of Axis Bank, TELIBANDHA SQUARE branch, in RAIPUR, CHHATTISGARH. 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.
