Branch Details — UTIB0005116

Bank NameAxis Bank
Branch NamePalladium Lower Parel
IFSC CodeUTIB0005116
MICR Code400211235
Bank Code (RBI)UTIB
Branch Code005116
AddressGROUND FLOOR, SHOP NO G9 AND G10, PALLADIUM, PHOENIX MILLS COMPOUND, 462, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI
CityMumbai
DistrictMumbai
StateMaharashtra
Contact+917977675763
Toll Free1860-419-5555
NEFT✓ Enabled — 24×7
RTGS✓ Enabled — 24×7
IMPS✓ Enabled — 24×7
UPI✓ Enabled

Transfer Methods Using UTIB0005116

NEFT

Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC UTIB0005116.

RTGS

Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC UTIB0005116.

IMPS

Instant 24×7, 365 days. Up to ₹5 lakh per transaction.

Frequently Asked Questions

The IFSC code is UTIB0005116. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Axis Bank Palladium Lower Parel branch, Mumbai, Maharashtra.
The MICR code is 400211235. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: GROUND FLOOR, SHOP NO G9 AND G10, PALLADIUM, PHOENIX MILLS COMPOUND, 462, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
UTIB identifies Axis Bank. The 5th character 0 is reserved by RBI. The last 6 characters 005116 identify the Palladium Lower Parel branch.
Yes. Axis Bank Palladium Lower Parel Branch (IFSC: UTIB0005116) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC UTIB0005116 → select NEFT/RTGS/IMPS → confirm with OTP.