Axis Bank — SAKET SQUARE Branch

INDORE, MADHYA PRADESH

IFSC Code UTIB0005178
MICR Code 452211037

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Axis Bank
Branch Name SAKET SQUARE
IFSC Code UTIB0005178
MICR Code 452211037
SWIFT Code N/A
Address GROUND FLOOR AND MEZZANINE FLOOR 24 PATRAKAR COLONY SAKET SQUARE INDORE
City INDORE
District INDORE
State MADHYA PRADESH
Contact Number +919243234663

How to Use UTIB0005178 for Money Transfers

The IFSC code UTIB0005178 is specifically assigned to the SAKET SQUARE branch of Axis Bank located in INDORE, MADHYA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use UTIB0005178 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use UTIB0005178 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require UTIB0005178 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Axis Bank SAKET SQUARE Branch

The SAKET SQUARE branch of Axis Bank is situated in INDORE, MADHYA PRADESH. The branch address is GROUND FLOOR AND MEZZANINE FLOOR 24 PATRAKAR COLONY SAKET SQUARE INDORE. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919243234663. Always use the IFSC code UTIB0005178 when making any online fund transfer to an account held at this branch.

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