Axis Bank Mahim Branch IFSC Code: UTIB0001243
Branch Code: 001243 | MUMBAI, MUMBAI, Maharashtra
The official Indian Financial System Code (IFSC) for Axis Bank, Mahim branch in MUMBAI, Maharashtra is UTIB0001243. The MICR code for cheque clearance is 400211081.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Axis Bank
- Branch Name
- MAHIM
- MICR Code
- City / District
- MUMBAI (MUMBAI)
- State
- Maharashtra
- Postal Pincode
- 400016
FARIDABAD MANSION , GROUND FLOOR,55C, LADY JAMSHEDJI ROAD , MAHIM (WEST),MUMBAI, MAHARASHTRA , PIN 400016., Pincode: 400016
How to Read IFSC Code: UTIB0001243
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Axis Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Axis Bank (UTIB0001243)
Which bank does IFSC Code UTIB0001243 belong to?
IFSC Code UTIB0001243 belongs to Axis Bank for its MAHIM branch, located in MUMBAI, Maharashtra. The 4-letter prefix 'UTIB' represents Axis Bank.
What is the IFSC Code for Axis Bank MAHIM branch?
The IFSC Code for Axis Bank MAHIM branch in MUMBAI, Maharashtra is UTIB0001243. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Axis Bank MAHIM branch?
The branch is located at: FARIDABAD MANSION , GROUND FLOOR,55C, LADY JAMSHEDJI ROAD , MAHIM (WEST),MUMBAI, MAHARASHTRA , PIN 400016., Pincode: 400016, MUMBAI, Maharashtra.
What is the MICR Code for Axis Bank MAHIM?
The MICR Code for electronic cheque clearing at Axis Bank MAHIM is 400211081.
How to decipher the IFSC code UTIB0001243?
The first 4 characters 'UTIB' represent Axis Bank. The 5th character is '0' reserved for future use. The last 6 characters '001243' represent the specific MAHIM branch code.
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