IFSC Code of Axis Bank, Saibaba Nagari Sahakari Bank Ltd Selu Branch, Maharashtra

Use this page as a one-stop reference for everything related to Axis Bank's SAIBABA NAGARI SAHAKARI BANK LTD SELU branch in SAILU, MAHARASHTRA. The branch's IFSC code UTIB0SSNS01 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.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Axis Bank's SAIBABA NAGARI SAHAKARI BANK LTD SELU branch, the IFSC UTIB0SSNS01 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and SSNS01 identifies this particular branch.

About the bank

Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Saibaba Nagari Sahakari Bank Ltd Selu branch in Sailu, Maharashtra is part of this network and uses the IFSC code UTIB0SSNS01 for all electronic settlement.

About the Saibaba Nagari Sahakari Bank Ltd Selu branch

The Saibaba Nagari Sahakari Bank Ltd Selu branch of Axis Bank is situated at VASANTRAO KHARKAR COMPLEX, STATION ROAD,SELU. 431 503 TAL-SELU DIST PARBHANI. 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 UTIB0SSNS01 is used.

Branch details at a glance

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 SAIBABA NAGARI SAHAKARI BANK LTD SELU of Axis Bank — its own 11-character IFSC. The code UTIB0SSNS01 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 UTIB0SSNS01 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Saibaba Nagari Sahakari Bank Ltd Selu branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0SSNS01 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC UTIB0SSNS01

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 UTIB0SSNS01 across all three.

How to use IFSC UTIB0SSNS01 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's SAIBABA NAGARI SAHAKARI BANK LTD SELU branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC UTIB0SSNS01.
4. Confirm the bank name auto-populates as Axis Bank and the branch as SAIBABA NAGARI SAHAKARI BANK LTD SELU.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to SAIBABA NAGARI SAHAKARI BANK LTD SELU

If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's SAIBABA NAGARI SAHAKARI BANK LTD SELU branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0SSNS01 while initiating the transfer and the credit will appear within minutes.

IMPS to Axis Bank SAIBABA NAGARI SAHAKARI BANK LTD SELU (IFSC UTIB0SSNS01)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0SSNS01 in your mobile or internet banking app, and the money is credited to the SAIBABA NAGARI SAHAKARI BANK LTD SELU branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Saibaba Nagari Sahakari Bank Ltd Selu

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 UTIB0SSNS01:

• 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 SAIBABA NAGARI SAHAKARI BANK LTD SELU is still linked to IFSC UTIB0SSNS01.

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.

UPI payments and IFSC UTIB0SSNS01

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 – SAIBABA NAGARI SAHAKARI BANK LTD SELU is still mapped to IFSC UTIB0SSNS01. 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 UTIB0SSNS01 and the beneficiary's account number to complete the transfer.

Account types you can open at the Saibaba Nagari Sahakari Bank Ltd Selu branch

Once you have an account at Axis Bank – SAIBABA NAGARI SAHAKARI BANK LTD SELU, the IFSC UTIB0SSNS01 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 Saibaba Nagari Sahakari Bank Ltd Selu 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 UTIB0SSNS01

Digital banking channels

Most day-to-day work that customers used to do at the Saibaba Nagari Sahakari Bank Ltd Selu 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 UTIB0SSNS01 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.

Reaching the branch

The Saibaba Nagari Sahakari Bank Ltd Selu branch sits at VASANTRAO KHARKAR COMPLEX, STATION ROAD,SELU. 431 503 TAL-SELU DIST PARBHANI. If you are travelling from outside Sailu, 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 UTIB0SSNS01 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 – SAIBABA NAGARI SAHAKARI BANK LTD SELU:

• The IFSC is exactly UTIB0SSNS01 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 SAIBABA NAGARI SAHAKARI BANK LTD SELU 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.

Working hours

Branch counters at Saibaba Nagari Sahakari Bank Ltd Selu 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 UTIB0SSNS01 continue to work without interruption.

Verifying IFSC UTIB0SSNS01 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 UTIB0SSNS01 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.

Branch address & contact

Frequently asked questions

Final notes

To recap: UTIB0SSNS01 is the IFSC code of Axis Bank, SAIBABA NAGARI SAHAKARI BANK LTD SELU branch, in SAILU, MAHARASHTRA. 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.