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UTIB0003318 — Axis Bank, Mahad

UTIB0003318 is the IFSC code of Axis Bank, Mahad branch, Raigad, Maharashtra. MICR 402211002. NEFT yes, RTGS yes, IMPS yes.

IFSC codeUTIB0003318
BankAxis Bank
BranchMahad
AddressGRD FLR SAI ARCADE SHOP NOS 1 2 3 SHIVAJI CHOWK OPP POST OFF TAL MAHAD RAIGAD 402301
CityRaigad
DistrictMahad
StateMaharashtra
MICR code402211002
SWIFT code—
Phone+919820209026
NEFTYes
RTGSYes
IMPSYes
UPIYes

Source: Reserve Bank of India IFSC/MICR list, as compiled by the open-source Razorpay IFSC dataset (MIT licence), updated 08 Nov 2026. Always confirm the IFSC with your bank before sending money.

Other Axis Bank branches in Raigad

How to read IFSC UTIB0003318

PartMeaning
UTIBBank code – Axis Bank
0Fifth character, always zero (kept for future use)
003318Branch code – Mahad, Raigad

The MICR code 402211002 is printed at the bottom of cheques from this branch: 402 is the city code, 211 the bank code and 002 the branch code. MICR is used only for cheque clearing; online transfers need the IFSC.

Sending money to Axis Bank, Mahad

Payments this branch can receive using IFSC UTIB0003318:

  • NEFT – available 24×7, all days; RBI sets no minimum or maximum amount (your bank may set its own limit).
  • RTGS – for ₹2 lakh and above, settled in real time, 24×7.
  • IMPS – instant transfer 24×7, usually up to ₹5 lakh per transaction.
  • UPI – accounts at this branch can be linked to UPI apps.

To pay someone here you need their account number, the account holder’s name and the IFSC UTIB0003318.

Questions about IFSC UTIB0003318

What is the IFSC code of Axis Bank, Mahad branch?

The IFSC code of Axis Bank, Mahad branch (Raigad, Maharashtra) is UTIB0003318.

What is the MICR code of Axis Bank, Mahad?

The MICR code of this branch is 402211002.

Where is Axis Bank, Mahad branch located?

The branch address is GRD FLR SAI ARCADE SHOP NOS 1 2 3 SHIVAJI CHOWK OPP POST OFF TAL MAHAD RAIGAD 402301 (Maharashtra).

Does UTIB0003318 support RTGS and NEFT?

NEFT: yes. RTGS: yes. IMPS: yes (as per the RBI list in our records).

Income tax refund not received?

A refund fails when the bank account on the income tax portal is not pre-validated or the IFSC has changed after a bank merger. We fix the account, raise a refund re-issue request and follow up — online, anywhere in India.

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