IFSC Code of Axis Bank, Koramangala, Th Block ,Premium Branch Branch, Karnataka

Below are the complete branch details for Axis Bank, KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch, located in BANGALORE, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0001506. 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 UTIB0001506 for Axis Bank – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Axis Bank – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH is UTIB0001506. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001506 map to this branch in BANGALORE, KARNATAKA.

Bank profile

Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Koramangala, Th Block ,Premium Branch branch — IFSC UTIB0001506 — extends the bank's services to customers in and around Bangalore, Karnataka.

About the Koramangala, Th Block ,Premium Branch branch

The Koramangala, Th Block ,Premium Branch branch of Axis Bank is situated at NO-21, 80 FEET ROAD, 4 TH BLOCK, KORAMANGALA, BANGALORE , KARNATAKA, PIN 560 095. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0001506 is used.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch came to be assigned the code UTIB0001506.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0001506, money simply cannot be routed to the KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Koramangala, Th Block ,Premium Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0001506 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC UTIB0001506

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 UTIB0001506 across all three.

NEFT to Axis Bank, KORAMANGALA, TH BLOCK ,PREMIUM BRANCH using IFSC UTIB0001506

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0001506, and confirm that the system picks up Axis Bank – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC UTIB0001506

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH, ensure your bank's portal accepts IFSC UTIB0001506 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Axis Bank KORAMANGALA, TH BLOCK ,PREMIUM BRANCH (IFSC UTIB0001506)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0001506 in your mobile or internet banking app, and the money is credited to the KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC UTIB0001506 for Axis Bank – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH, 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.

For most retail customers crediting the Koramangala, Th Block ,Premium Branch 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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch, the IFSC UTIB0001506 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Koramangala, Th Block ,Premium Branch branch is mapped to IFSC UTIB0001506 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 UTIB0001506.

Banking services available

The Koramangala, Th Block ,Premium Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0001506

Online banking and IFSC UTIB0001506

Axis Bank customers can register for net banking and the bank's official mobile app once their account at the KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0001506 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Reaching the branch

The Koramangala, Th Block ,Premium Branch branch sits at NO-21, 80 FEET ROAD, 4 TH BLOCK, KORAMANGALA, BANGALORE , KARNATAKA, PIN 560 095. If you are travelling from outside Bangalore, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 UTIB0001506 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 – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH:

• The IFSC is exactly UTIB0001506 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 KORAMANGALA, TH BLOCK ,PREMIUM BRANCH 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.

Working hours

Branch counters at Koramangala, Th Block ,Premium Branch are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0001506 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC UTIB0001506 for Axis Bank – KORAMANGALA, TH BLOCK ,PREMIUM BRANCH, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Summary

The IFSC code UTIB0001506 belongs to Axis Bank's KORAMANGALA, TH BLOCK ,PREMIUM BRANCH branch, located at NO-21, 80 FEET ROAD, 4 TH BLOCK, KORAMANGALA, BANGALORE , KARNATAKA, PIN 560 095 in BANGALORE, KARNATAKA. 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.