Axis Bank Palladium Lower Parel Branch โ€” IFSC Code

MUMBAI, MAHARASHTRA

IFSC Code

UTIB0005116

IFSC CodeUTIB0005116
MICR Code400211235
BankAxis Bank
BranchPalladium Lower Parel
CityMUMBAI
DistrictMUMBAI
StateMAHARASHTRA
AddressGROUND FLOOR, SHOP NO G9 AND G10, PALLADIUM, PHOENIX MILLS COMPOUND, 462, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI
Contact+917977675763
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Axis Bank official site โ†’

How to Use IFSC Code UTIB0005116

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: UTIB0005116
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” Axis Bank

UTIB0005116
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of Axis Bank Palladium Lower Parel?

The IFSC code is UTIB0005116. Use this for NEFT, RTGS, and IMPS transfers to Axis Bank Palladium Lower Parel branch in MUMBAI.

What is the MICR code of Axis Bank Palladium Lower Parel?

The MICR code is 400211235. MICR codes are used for cheque processing, not for digital transfers.

Is UTIB0005116 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use UTIB0005116 only for NEFT, RTGS, or IMPS when adding a bank account manually.