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Axis Bank · Raigad

UTIB0003318: Axis Bank, Mahad

IFSC code UTIB0003318 belongs to the Mahad branch of Axis Bank in Raigad, Maharashtra. Its MICR code is 402211002.

IFSC
UTIB0003318
MICR
402211002
Bank
Axis Bank
Branch
Mahad
District
Raigad
State
Maharashtra
Phone
+919820209026

Branch address

Axis Bank
GRD Flr Sai Arcade Shop Nos 1 2 3 Shivaji Chowk Opp Post Off Tal Mahad Raigad 402301

Open in a map · Pincode 402301: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

UTIB is Axis Bank's bank code, the fifth character 0 is kept for future use, and 003318 is the code of the Mahad branch. In the MICR code 402211002, 402 is the city, 211 the bank and 002 the branch.

Other Axis Bank branches in Raigad

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Axis Bank's Mahad branch (Raigad, Maharashtra) is UTIB0003318.

  2. 402211002. MICR is printed at the bottom of the branch's cheques.

  3. GRD Flr Sai Arcade Shop Nos 1 2 3 Shivaji Chowk Opp Post Off Tal Mahad Raigad 402301

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC UTIB0003318 with the beneficiary's account number.

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