Detailed profile for Axis BankRAIPUR in GWALIOR, MADHYA PRADESH. This facility serves as a vital touchpoint for customers seeking verified banking credentials and physical branch assistance. Part of a vast national network, the branch is equipped to facilitate large-volume fund movements and retail banking operations.Institutional settlements are powered by the unique IFSC UTIB0002514, specifically allocated to the Axis Bank RAIPUR facility in GWALIOR. This code distinguishes this branch from thousands of others in MADHYA PRADESH, enabling the automated routing of NEFT and IMPS payments. Always verify this code against your passbook to ensure it matches the current active registry.Beyond its digital capabilities, the RAIPUR branch provides comprehensive on-ground support, including loan advisory, wealth management, and physical document processing. For customers in GWALIOR, visiting this branch offers the benefit of personalized assistance from trained banking professionals who understand the local financial climate.
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Practical Guide
How to Use IFSC Code UTIB0002514
Follow these step-by-step instructions to use the IFSC code UTIB0002514 for sending money to Axis Bank RAIPUR branch.
NEFT
Send via NEFT
Log into your Internet Banking or Mobile Banking app
Go to Fund Transfer → Add Beneficiary
Enter beneficiary name and account number at Axis Bank
Enter IFSC Code: UTIB0002514
Select NEFT as transfer mode, enter amount, and confirm
Money reaches within 30 minutes to 2 hours (processed in batches)
RTGS
Send via RTGS (₹2 Lakh+)
Open your bank's net banking portal or mobile app
Navigate to Fund Transfer → RTGS
Add beneficiary with account number + IFSC: UTIB0002514
Minimum transfer amount: ₹2,00,000
Money is credited instantly in real-time (24x7 available)
IMPS
Send via IMPS (Instant)
Open your mobile banking app
Select IMPS Transfer
Enter beneficiary details with IFSC: UTIB0002514
Maximum limit: ₹5,00,000 per transaction
Transfer completes within seconds — available 24x7x365
Safety Tips for Using IFSC UTIB0002514
Always double-check the IFSC code before confirming any transfer
Cross-verify with your passbook or cheque book issued by Axis Bank
For first-time transfers, send a small test amount (₹1-₹10) first
Never share your OTP, PIN, or password with anyone claiming to be from Axis Bank
About Axis Bank RAIPUR
Axis Bank RAIPUR branch is a fully operational banking facility located in GWALIOR, MADHYA PRADESH.
Identified by the IFSC code UTIB0002514, this branch is part of the Reserve Bank of India's (RBI) payment and settlement infrastructure and participates in all major electronic clearing systems.
The branch code 002514 is unique to this specific location, while the prefix UTIB identifies Axis Bank across all its branches nationally.
Customers can use this branch for account opening, fixed deposits, recurring deposits, personal loans, home loans, education loans, locker facilities, and all digital banking services including UPI, NEFT, RTGS, and IMPS.
For residents and businesses in GWALIOR, this branch serves as a primary financial access point.
All transactions are governed by RBI regulations, and deposits up to ₹5,00,000 are insured under the DICGC (Deposit Insurance and Credit Guarantee Corporation) framework.
We recommend visiting during non-peak hours (11 AM - 1 PM) for faster service.
Knowledge Base
Frequently Asked Questions
Everything you need to know about Axis Bank RAIPUR branch in GWALIOR.
What is the IFSC code of Axis Bank RAIPUR branch?
The IFSC code of Axis Bank RAIPUR branch located in GWALIOR, MADHYA PRADESH is UTIB0002514. This 11-character alphanumeric code is assigned by the Reserve Bank of India (RBI) and is mandatory for all electronic fund transfers including NEFT, RTGS, IMPS, and UPI. The first four characters 'UTIB' identify the bank, while the last six digits '002514' identify this specific branch.
What is the MICR code of Axis Bank RAIPUR?
The MICR (Magnetic Ink Character Recognition) code of Axis Bank RAIPUR is 475211999. It is a 9-digit code printed at the bottom of your cheque leaf using special magnetic ink. The MICR code is used for cheque-based transactions processed through the Cheque Truncation System (CTS) and is different from the IFSC code which is used for electronic transfers.
What is the BSR code of Axis Bank RAIPUR?
The BSR (Basic Statistical Return) code of Axis Bank RAIPUR in GWALIOR is assigned by RBI for this branch. BSR codes are 7-digit codes assigned by the Reserve Bank of India (RBI) to each bank branch. They are primarily used for filing TDS (Tax Deducted at Source) returns and advance tax payments on the Income Tax portal. When paying TDS via challan, you must enter the correct BSR code of Axis Bank RAIPUR.
What is the SWIFT code of Axis Bank RAIPUR for international transfers?
The SWIFT/BIC code for Axis Bank RAIPUR is available upon branch request. SWIFT codes are used for international wire transfers (remittances). If you are receiving money from abroad to your Axis Bank account in GWALIOR, you must provide this SWIFT code to the sender along with your account number. SWIFT codes are 8 or 11 characters — the first 4 identify the bank, next 2 the country (IN for India), next 2 the location, and last 3 the branch.
What is the difference between IFSC code and MICR code?
IFSC code (UTIB0002514) and MICR code are both unique identifiers for Axis Bank RAIPUR but serve different purposes. The IFSC code is an 11-digit alphanumeric code used for electronic fund transfers (NEFT, RTGS, IMPS, UPI). The MICR code is a 9-digit numeric code printed on cheque leaves in magnetic ink, used for physical cheque clearing through the Cheque Truncation System (CTS). For online transfers, use IFSC. For cheque-related queries, use MICR.
How to receive international wire transfer at Axis Bank RAIPUR?
To receive an international wire transfer at Axis Bank RAIPUR in GWALIOR: (1) Provide the sender your full name, account number, and SWIFT code available upon branch request, (2) Also provide your complete branch address in GWALIOR, MADHYA PRADESH, (3) The sender's bank will use the SWIFT code to route funds to Axis Bank. SWIFT transfers typically take 1-5 business days. For large remittances, check if Axis Bank has a correspondent banking relationship with the sender's country.
Is Axis Bank RAIPUR safe for large RTGS transfers above ₹2 lakh?
Axis Bank RAIPUR (IFSC: UTIB0002514) is an RBI-regulated branch in GWALIOR, MADHYA PRADESH. RTGS (Real Time Gross Settlement) transfers are processed instantly and are backed by India's central payment infrastructure. All deposits up to ₹5,00,000 are insured by DICGC. For large transfers, always verify the beneficiary IFSC UTIB0002514 and account number. Send a ₹1 test transfer first if transacting with a new beneficiary.
Can I do IMPS transfer to Axis Bank RAIPUR using IFSC UTIB0002514?
Yes, you can use IFSC code UTIB0002514 to send money via IMPS (Immediate Payment Service) to accounts at Axis Bank RAIPUR in GWALIOR. IMPS transfers are instant (within seconds), available 24x7x365, and support up to ₹5,00,000 per transaction. Unlike NEFT (batch processing) and RTGS (₹2L+ minimum), IMPS has no minimum amount and works even on bank holidays.
How to send money using NEFT to Axis Bank RAIPUR?
To send money via NEFT to Axis Bank RAIPUR, log into your net banking or mobile app, go to 'Fund Transfer → Add Beneficiary', enter the account number and IFSC code UTIB0002514. Select NEFT as the transfer mode, enter the amount, and confirm. NEFT transfers are processed in half-hourly batches and are available 24x7x365 including weekends and holidays since December 2019. There is no minimum or maximum limit for NEFT transfers.
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