Below are the complete branch details for Axis Bank, REMUNA branch, located in BALASORE, ODISHA. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0004109. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case UTIB0004109 for Axis Bank – REMUNA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Axis Bank's REMUNA branch, the IFSC UTIB0004109 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 004109 identifies this particular branch.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Remuna branch in Balasore, Odisha is part of this network and uses the IFSC code UTIB0004109 for all electronic settlement.
About this branch
The branch is located at GROUND FLOOR BHIMPURA CHOWK ODISHA 756019. It serves the Balasore region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Axis Bank. The IFSC UTIB0004109 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Remuna |
| IFSC Code | UTIB0004109 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR BHIMPURA CHOWK ODISHA 756019 |
| City | Balasore |
| District | Balasore |
| State | Odisha |
| STD Code | 6782 |
| Phone | 266012 |
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including REMUNA of Axis Bank — its own 11-character IFSC. The code UTIB0004109 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0004109 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0004109 and the account number together uniquely identify the Remuna branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0004109
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0004109 across all three.
How to use IFSC UTIB0004109 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's REMUNA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UTIB0004109.
- Confirm the bank name auto-populates as Axis Bank and the branch as REMUNA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to REMUNA
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's REMUNA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0004109 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – REMUNA, use IMPS. With IFSC UTIB0004109 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0004109 for Axis Bank – REMUNA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0004109 | Yes – UTIB0004109 | Yes – UTIB0004109 |
For most retail customers crediting the Remuna branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC UTIB0004109
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – REMUNA is still mapped to IFSC UTIB0004109. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0004109 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Remuna branch is mapped to IFSC UTIB0004109 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0004109.
Products and services
Customers walking into the Remuna branch can access most of Axis Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UTIB0004109
Digital banking channels
Most day-to-day work that customers used to do at the Remuna branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UTIB0004109 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Reaching the branch
The Remuna branch sits at GROUND FLOOR BHIMPURA CHOWK ODISHA 756019. If you are travelling from outside Balasore, search for the branch on a maps application using the bank name and locality, or call 6782-266012 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UTIB0004109 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – REMUNA:
- The IFSC is exactly UTIB0004109 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and REMUNA as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Remuna branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0004109, however, work 24x7.
Verifying IFSC UTIB0004109 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0004109 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 6782-266012.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankRemuna Branch
GROUND FLOOR BHIMPURA CHOWK ODISHA 756019
Balasore, Odisha
Phone: 6782-266012
IFSC: UTIB0004109
Frequently asked questions
Is IFSC UTIB0004109 valid for NEFT and RTGS?
Yes. IFSC UTIB0004109 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Axis Bank Remuna branch?
You can reach the branch at 6782-266012 during regular banking hours.
How do I add Axis Bank Remuna as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0004109, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Axis Bank Remuna branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 6782-266012 to confirm.
Where is Axis Bank Remuna branch located?
Axis Bank's Remuna branch is located at GROUND FLOOR BHIMPURA CHOWK ODISHA 756019, Balasore, Odisha.
Is IFSC UTIB0004109 the same for all accounts at Remuna branch?
Yes. The IFSC UTIB0004109 is shared by every account held at Axis Bank's Remuna branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using UTIB0004109 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Remuna reflect within 30 minutes.
What is the IFSC code of Axis Bank Remuna branch?
The IFSC code of Axis Bank, Remuna branch is UTIB0004109. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code UTIB0004109 belongs to Axis Bank's REMUNA branch, located at GROUND FLOOR BHIMPURA CHOWK ODISHA 756019 in BALASORE, ODISHA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
