If you are searching for the IFSC code of Axis Bank, SHIROLI branch in HATKANANGALE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is UTIB0006027. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SHIROLI branch, and detailed step-by-step guides for using the IFSC UTIB0006027 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, UTIB0006027 is the IFSC of Axis Bank's SHIROLI branch. The format is fixed: UTIB = bank code, 0 = reserved, 006027 = branch identifier.
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Shiroli branch — IFSC UTIB0006027 — extends the bank's services to customers in and around Hatkanangale, Maharashtra.
About this branch
The branch is located at UPPER GROUND FLOOR,AUTO POINT,PB ROAD,NEAR WATER TANK ,SHIROLI P ,TAL HATKANANGALE,KOLHAPUR. It serves the Hatkanangale 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 UTIB0006027 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Shiroli |
| IFSC Code | UTIB0006027 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UPPER GROUND FLOOR,AUTO POINT,PB ROAD,NEAR WATER TANK ,SHIROLI P ,TAL HATKANANGALE,KOLHAPUR |
| City | Hatkanangale |
| District | Kolhapur |
| State | Maharashtra |
| STD Code | 2322 |
| Phone | 8262912314 |
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 SHIROLI of Axis Bank — its own 11-character IFSC. The code UTIB0006027 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 UTIB0006027 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 UTIB0006027 and the account number together uniquely identify the Shiroli branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0006027
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 UTIB0006027 across all three.
How to use IFSC UTIB0006027 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's SHIROLI 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 UTIB0006027.
- Confirm the bank name auto-populates as Axis Bank and the branch as SHIROLI.
- 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 SHIROLI
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's SHIROLI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0006027 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank SHIROLI (IFSC UTIB0006027)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0006027 in your mobile or internet banking app, and the money is credited to the SHIROLI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0006027 for Axis Bank – SHIROLI, 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 – UTIB0006027 | Yes – UTIB0006027 | Yes – UTIB0006027 |
For most retail customers crediting the Shiroli 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 UTIB0006027
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 – SHIROLI is still mapped to IFSC UTIB0006027. 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 UTIB0006027 and the beneficiary's account number to complete the transfer.
Account types you can open at the Shiroli branch
Once you have an account at Axis Bank – SHIROLI, the IFSC UTIB0006027 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Shiroli branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2322-8262912314.
- 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 UTIB0006027
Online banking and IFSC UTIB0006027
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the SHIROLI 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 UTIB0006027 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 Shiroli branch sits at UPPER GROUND FLOOR,AUTO POINT,PB ROAD,NEAR WATER TANK ,SHIROLI P ,TAL HATKANANGALE,KOLHAPUR. If you are travelling from outside Hatkanangale, search for the branch on a maps application using the bank name and locality, or call 2322-8262912314 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 UTIB0006027 and your account number.
Common mistakes to avoid when using IFSC UTIB0006027
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – SHIROLI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0006027. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Shiroli 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 UTIB0006027 continue to work without interruption.
Verifying IFSC UTIB0006027 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 UTIB0006027 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2322-8262912314.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankShiroli Branch
UPPER GROUND FLOOR,AUTO POINT,PB ROAD,NEAR WATER TANK ,SHIROLI P ,TAL HATKANANGALE,KOLHAPUR
Hatkanangale, Maharashtra
Phone: 2322-8262912314
IFSC: UTIB0006027
Frequently asked questions
How quickly will an NEFT transfer using UTIB0006027 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Shiroli reflect within 30 minutes.
Is IFSC UTIB0006027 valid for NEFT and RTGS?
Yes. IFSC UTIB0006027 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Axis Bank Shiroli as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0006027, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Shiroli branch but serve different purposes.
Is IFSC UTIB0006027 the same for all accounts at Shiroli branch?
Yes. The IFSC UTIB0006027 is shared by every account held at Axis Bank's Shiroli branch. Only the account number changes from customer to customer.
Where is Axis Bank Shiroli branch located?
Axis Bank's Shiroli branch is located at UPPER GROUND FLOOR,AUTO POINT,PB ROAD,NEAR WATER TANK ,SHIROLI P ,TAL HATKANANGALE,KOLHAPUR, Hatkanangale, Maharashtra.
Summary
The IFSC code UTIB0006027 belongs to Axis Bank's SHIROLI branch, located at UPPER GROUND FLOOR,AUTO POINT,PB ROAD,NEAR WATER TANK ,SHIROLI P ,TAL… in HATKANANGALE, MAHARASHTRA. 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.
