Below are the complete branch details for Axis Bank, LONAND branch, located in LONAND, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0005853. 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 UTIB0005853 for Axis Bank – LONAND — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, UTIB0005853 is the IFSC of Axis Bank's LONAND branch. The format is fixed: UTIB = bank code, 0 = reserved, 005853 = branch identifier.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Lonand branch in Lonand. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0005853.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Lonand |
| IFSC Code | UTIB0005853 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR,SHOP NO 1,AT POST LONAND,TAL KHANDALA |
| City | Lonand |
| District | Satara |
| State | Maharashtra |
| STD Code | 2169 |
| Phone | 8830487460 |
About the Lonand branch
The Lonand branch of Axis Bank is situated at GROUND FLOOR,SHOP NO 1,AT POST LONAND,TAL KHANDALA. 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 UTIB0005853 is used.
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 LONAND branch came to be assigned the code UTIB0005853.
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 UTIB0005853, money simply cannot be routed to the LONAND branch electronically.
Account types you can open at the Lonand branch
Once you have an account at Axis Bank – LONAND, the IFSC UTIB0005853 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.
Products and services
Customers walking into the Lonand 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 UTIB0005853
How to transfer money using IFSC UTIB0005853
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 UTIB0005853 across all three.
NEFT to Axis Bank, LONAND using IFSC UTIB0005853
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 UTIB0005853, and confirm that the system picks up Axis Bank – LONAND. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to LONAND
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's LONAND branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0005853 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 – LONAND, use IMPS. With IFSC UTIB0005853 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 UTIB0005853 for Axis Bank – LONAND, 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 – UTIB0005853 | Yes – UTIB0005853 | Yes – UTIB0005853 |
For most retail customers crediting the Lonand 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 UTIB0005853
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 – LONAND is still mapped to IFSC UTIB0005853. 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 UTIB0005853 and the beneficiary's account number to complete the transfer.
Online banking and IFSC UTIB0005853
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the LONAND 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 UTIB0005853 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.
MICR & cheque-truncation details
Cheques drawn on the Lonand branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0005853 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC UTIB0005853
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 – LONAND, 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:
UTIB0005853. - 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.
How to reach the Lonand branch
The branch is located at GROUND FLOOR,SHOP NO 1,AT POST LONAND,TAL KHANDALA, which puts it inside Lonand, the broader Satara district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Lonand branch” — the verified location pin for IFSC UTIB0005853 should appear at the top of the results.
- Confirm the branch is open by calling 2169-8830487460 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0005853 and your account number.
Verifying IFSC UTIB0005853 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 UTIB0005853 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2169-8830487460.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Lonand 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 UTIB0005853 continue to work without interruption.
Branch address & contact
Axis BankLonand Branch
GROUND FLOOR,SHOP NO 1,AT POST LONAND,TAL KHANDALA
Lonand, Maharashtra
Phone: 2169-8830487460
IFSC: UTIB0005853
Frequently asked questions
Does Axis Bank Lonand branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2169-8830487460 to confirm.
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 Lonand branch but serve different purposes.
Is IFSC UTIB0005853 the same for all accounts at Lonand branch?
Yes. The IFSC UTIB0005853 is shared by every account held at Axis Bank's Lonand branch. Only the account number changes from customer to customer.
Where is Axis Bank Lonand branch located?
Axis Bank's Lonand branch is located at GROUND FLOOR,SHOP NO 1,AT POST LONAND,TAL KHANDALA, Lonand, Maharashtra.
Can I use IFSC UTIB0005853 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0005853 to send funds instantly.
What is the IFSC code of Axis Bank Lonand branch?
The IFSC code of Axis Bank, Lonand branch is UTIB0005853. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using UTIB0005853 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Lonand reflect within 30 minutes.
Is IFSC UTIB0005853 valid for NEFT and RTGS?
Yes. IFSC UTIB0005853 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: UTIB0005853 is the IFSC code of Axis Bank, LONAND branch, in LONAND, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
