IFSC Code UTIB0000894 - Axis Bank Derawal Nagar New Delhi
BASEMENT & GROUND FLOOR A-63 DERAWAL NAGAR NEW DELHI 110009
Quick Info
IFSC: UTIB0000894
Pincode: 110009
District: North West
Status: Active
About Axis Bank Derawal Nagar New Delhi
IFSC Code UTIB0000894 belongs to Axis Bank Derawal Nagar New Delhi branch located in Delhi, North West, Delhi. This branch serves customers in Delhi, North West, Delhi and surrounding areas.
Understanding IFSC Code UTIB0000894
The IFSC (Indian Financial System Code) UTIB0000894 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (UTIB): Bank code identifying Axis Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000894): Unique branch identifier for Derawal Nagar New Delhi
Electronic Fund Transfer Services
IFSC Code UTIB0000894 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Axis Bank Derawal Nagar New Delhi branch is located at BASEMENT & GROUND FLOOR A-63 DERAWAL NAGAR NEW DELHI 110009 (Pincode: 110009) in Delhi, North West, Delhi. This location serves customers in Delhi, North West, Delhi and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code UTIB0000894 to ensure the transaction is routed correctly.
How to Use IFSC Code UTIB0000894
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: UTIB0000894 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Axis Bank Branches
If you're looking for other Axis Bank branches in Delhi, North West, Delhi or nearby areas, use our Axis Bank branch finder. You can search by city, district, or state to find all Axis Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | UTIB0000894 |
| Bank Name: | Axis Bank |
| Branch Name: | Derawal Nagar New Delhi |
| Address: | BASEMENT & GROUND FLOOR A-63 DERAWAL NAGAR NEW DELHI 110009 |
| City: | Delhi |
| District: | North West |
| State: | Delhi |
| Pincode: | 110009 |
Payment Services Available
Axis Bank Derawal Nagar New Delhi Branch IFSC Code UTIB0000894 — Complete Banking Guide for Delhi, Delhi
IFSC code UTIB0000894 belongs to the Derawal Nagar New Delhi branch of Axis Bank in Delhi, North West district, Delhi. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC UTIB0000894 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Axis Bank, Derawal Nagar New Delhi Branch
The Derawal Nagar New Delhi branch of Axis Bank in Delhi, Delhi serves retail and corporate customers in North West district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC UTIB0000894 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC UTIB0000894
Four primary digital payment rails use IFSC UTIB0000894 for transfers to Axis Bank, Derawal Nagar New Delhi: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC UTIB0000894 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Derawal Nagar New Delhi branch of Axis Bank in Delhi carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC UTIB0000894 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC UTIB0000894 Before Transferring
Before initiating any high-value transfer to IFSC UTIB0000894, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Axis Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Axis Bank Derawal Nagar New Delhi, Delhi IFSC
What is the IFSC of Axis Bank Derawal Nagar New Delhi in Delhi?
The IFSC of Axis Bank, Derawal Nagar New Delhi branch in Delhi, Delhi is UTIB0000894. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC UTIB0000894?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC UTIB0000894 to route funds to Axis Bank, Derawal Nagar New Delhi, Delhi.
Who assigns IFSC codes like UTIB0000894?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Axis Bank applied for the IFSC for its Derawal Nagar New Delhi branch in Delhi, and RBI issued UTIB0000894 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC UTIB0000894 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC UTIB0000894 at Axis Bank, Derawal Nagar New Delhi, Delhi. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC UTIB0000894.
About IFSC Code UTIB0000894
IFSC Code UTIB0000894 belongs to Axis Bank branch Derawal Nagar New Delhi located in Delhi, North West, Delhi.
Branch Information
- IFSC Code: UTIB0000894
- Bank: Axis Bank
- Branch: Derawal Nagar New Delhi
- Address: BASEMENT & GROUND FLOOR A-63 DERAWAL NAGAR NEW DELHI 110009
- City: Delhi
- District: North West
- State: Delhi
- Pincode: 110009
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available