It is very important to find IFSC code UTIB0005116 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify UTIB0005116 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
UTIB0005116 is the IFSC Code for Palladium Lower Parel branch of Axis Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Axis Bank account. The address of Palladium Lower Parel branch is Ground floor, shop no g9 and g10, palladium, phoenix mills compound, 462, senapati bapat marg, lower parel, mumbai, which is located in Mumbai District of Maharashtra State.
In Axis Bank IFSC Code, the first 4 characters (UTIB) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (005116) represent the Axis Bank branch code.
*The IFSC Code information presented above is for reference only. Please verify IFSC Code UTIB0005116 details before initiating any transaction!