IFSC Code of Axis Bank, Jankalyan Nagar Malad West Branch, Maharashtra

Use this page as a one-stop reference for everything related to Axis Bank's JANKALYAN NAGAR MALAD WEST branch in MUMBAI, MAHARASHTRA. The branch's IFSC code UTIB0005506 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 – JANKALYAN NAGAR MALAD WEST is UTIB0005506. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 005506 map to this branch in MUMBAI, MAHARASHTRA.

About the bank

Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Jankalyan Nagar Malad West branch in Mumbai, Maharashtra is part of this network and uses the IFSC code UTIB0005506 for all electronic settlement.

Branch details at a glance

Jankalyan Nagar Malad West branch overview

Located at GROUND FLOOR SHOP NO 3 SCORPIO BUILDING CTS NO 8A PART 8B AND 8D JANKALYAN NAGAR MALAD W, the Jankalyan Nagar Malad West branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0005506 is required for all interbank electronic transfers routed through this branch.

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 JANKALYAN NAGAR MALAD WEST of Axis Bank — its own 11-character IFSC. The code UTIB0005506 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 UTIB0005506 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Jankalyan Nagar Malad West branch is mapped to IFSC UTIB0005506 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 UTIB0005506.

Banking services available

The Jankalyan Nagar Malad West branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-9323258107.

• 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 UTIB0005506

How to transfer money using IFSC UTIB0005506

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 UTIB0005506 across all three.

NEFT to Axis Bank, JANKALYAN NAGAR MALAD WEST using IFSC UTIB0005506

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 UTIB0005506, and confirm that the system picks up Axis Bank – JANKALYAN NAGAR MALAD WEST. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to JANKALYAN NAGAR MALAD WEST

If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's JANKALYAN NAGAR MALAD WEST branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0005506 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 – JANKALYAN NAGAR MALAD WEST, use IMPS. With IFSC UTIB0005506 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Jankalyan Nagar Malad West

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0005506:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at JANKALYAN NAGAR MALAD WEST is still linked to IFSC UTIB0005506.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC UTIB0005506

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 – JANKALYAN NAGAR MALAD WEST is still mapped to IFSC UTIB0005506. 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 UTIB0005506 and the beneficiary's account number to complete the transfer.

Online banking and IFSC UTIB0005506

Axis Bank customers can register for net banking and the bank's official mobile app once their account at the JANKALYAN NAGAR MALAD WEST 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 UTIB0005506 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 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 UTIB0005506 and the account number together uniquely identify the Jankalyan Nagar Malad West branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – JANKALYAN NAGAR MALAD WEST:

• The IFSC is exactly UTIB0005506 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 JANKALYAN NAGAR MALAD WEST 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.

Reaching the branch

The Jankalyan Nagar Malad West branch sits at GROUND FLOOR SHOP NO 3 SCORPIO BUILDING CTS NO 8A PART 8B AND 8D JANKALYAN NAGAR MALAD W. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-9323258107 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 UTIB0005506 and your account number.

Verifying IFSC UTIB0005506 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 UTIB0005506 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-9323258107.
• Visiting the bank's official branch locator page.

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 Jankalyan Nagar Malad West branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0005506, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code UTIB0005506 belongs to Axis Bank's JANKALYAN NAGAR MALAD WEST branch, located at GROUND FLOOR SHOP NO 3 SCORPIO BUILDING CTS NO 8A PART 8B AND 8D JANKALYAN… in MUMBAI, 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.