If you are searching for the IFSC code of Axis Bank, SAGOR branch in SAGOR, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is UTIB0006233. 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 SAGOR branch, and detailed step-by-step guides for using the IFSC UTIB0006233 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 – SAGOR is UTIB0006233. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 006233 map to this branch in SAGOR, MADHYA PRADESH.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Sagor |
| IFSC Code | UTIB0006233 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR SURVEY NO 617 1 1, PH NO 59 VILLAGE SAGOR, TEHSIL PITHAMPUR |
| City | Sagor |
| District | Dhar |
| State | Madhya Pradesh |
| STD Code | 7582 |
| Phone | 9243234663 |
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Sagor branch in Sagor. 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, UTIB0006233.
About the Sagor branch
The Sagor branch of Axis Bank is situated at GROUND FLOOR SURVEY NO 617 1 1, PH NO 59 VILLAGE SAGOR, TEHSIL PITHAMPUR. 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 UTIB0006233 is used.
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 SAGOR of Axis Bank — its own 11-character IFSC. The code UTIB0006233 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 UTIB0006233 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC UTIB0006233
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 UTIB0006233 across all three.
NEFT to Axis Bank, SAGOR using IFSC UTIB0006233
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 UTIB0006233, and confirm that the system picks up Axis Bank – SAGOR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UTIB0006233
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 – SAGOR, ensure your bank's portal accepts IFSC UTIB0006233 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank SAGOR (IFSC UTIB0006233)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0006233 in your mobile or internet banking app, and the money is credited to the SAGOR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Sagor
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 UTIB0006233:
- 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 SAGOR is still linked to IFSC UTIB0006233.
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 SAGOR branch, the IFSC UTIB0006233 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.
Account types you can open at the Sagor branch
Once you have an account at Axis Bank – SAGOR, the IFSC UTIB0006233 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Sagor 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 UTIB0006233
MICR & cheque-truncation details
Cheques drawn on the Sagor branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0006233 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC UTIB0006233
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the SAGOR 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 UTIB0006233 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.
Common mistakes to avoid when using IFSC UTIB0006233
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 – SAGOR, 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:
UTIB0006233. - 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 Sagor branch sits at GROUND FLOOR SURVEY NO 617 1 1, PH NO 59 VILLAGE SAGOR, TEHSIL PITHAMPUR. If you are travelling from outside Sagor, search for the branch on a maps application using the bank name and locality, or call 7582-9243234663 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 UTIB0006233 and your account number.
Verifying IFSC UTIB0006233 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 UTIB0006233 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7582-9243234663.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Sagor 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 UTIB0006233 continue to work without interruption.
Branch address & contact
Axis BankSagor Branch
GROUND FLOOR SURVEY NO 617 1 1, PH NO 59 VILLAGE SAGOR, TEHSIL PITHAMPUR
Sagor, Madhya Pradesh
Phone: 7582-9243234663
IFSC: UTIB0006233
Frequently asked questions
Does Axis Bank Sagor branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7582-9243234663 to confirm.
Can I use IFSC UTIB0006233 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0006233 to send funds instantly.
What is the phone number of Axis Bank Sagor branch?
You can reach the branch at 7582-9243234663 during regular banking hours.
How do I add Axis Bank Sagor as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0006233, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Axis Bank Sagor branch located?
Axis Bank's Sagor branch is located at GROUND FLOOR SURVEY NO 617 1 1, PH NO 59 VILLAGE SAGOR, TEHSIL PITHAMPUR, Sagor, Madhya Pradesh.
How quickly will an NEFT transfer using UTIB0006233 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Sagor reflect within 30 minutes.
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 Sagor branch but serve different purposes.
What is the IFSC code of Axis Bank Sagor branch?
The IFSC code of Axis Bank, Sagor branch is UTIB0006233. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code UTIB0006233 belongs to Axis Bank's SAGOR branch, located at GROUND FLOOR SURVEY NO 617 1 1, PH NO 59 VILLAGE SAGOR, TEHSIL PITHAMPUR in SAGOR, MADHYA 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.
