Use this page as a one-stop reference for everything related to Axis Bank's PANT NAGAR branch in MUMBAI, MAHARASHTRA. The branch's IFSC code UTIB0005518 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.
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, UTIB0005518 is the IFSC of Axis Bank's PANT NAGAR branch. The format is fixed: UTIB = bank code, 0 = reserved, 005518 = branch identifier.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Pant Nagar branch in Mumbai. 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, UTIB0005518.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Pant Nagar |
| IFSC Code | UTIB0005518 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 1,2 AND 3, SOFRANCE BLDG,FORMERLY KNOWN AS SAI CHHAYA CHS LTD PLOT NO 194 A, PART OF VILLAGE GHATKOPARRT OF VILLAGE VIK |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 9518580131 |
Pant Nagar branch overview
Located at SHOP NO 1,2 AND 3, SOFRANCE BLDG,FORMERLY KNOWN AS SAI CHHAYA CHS LTD PLOT NO 194 A, PART OF VILLAGE GHATKOPARRT OF VILLAGE VIK, the Pant Nagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0005518 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 PANT NAGAR of Axis Bank — its own 11-character IFSC. The code UTIB0005518 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 UTIB0005518 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 Pant Nagar branch is mapped to IFSC UTIB0005518 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 UTIB0005518.
Banking services available
The Pant Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-9518580131.
- 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 UTIB0005518
How to transfer money using IFSC UTIB0005518
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 UTIB0005518 across all three.
How to use IFSC UTIB0005518 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's PANT NAGAR 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 UTIB0005518.
- Confirm the bank name auto-populates as Axis Bank and the branch as PANT NAGAR.
- 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 PANT NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PANT NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0005518 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank PANT NAGAR (IFSC UTIB0005518)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0005518 in your mobile or internet banking app, and the money is credited to the PANT NAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0005518 for Axis Bank – PANT NAGAR, 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 – UTIB0005518 | Yes – UTIB0005518 | Yes – UTIB0005518 |
For most retail customers crediting the Pant Nagar 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 PANT NAGAR branch, the IFSC UTIB0005518 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.
Digital banking channels
Most day-to-day work that customers used to do at the Pant Nagar 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 UTIB0005518 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.
MICR & cheque-truncation details
Cheques drawn on the Pant Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0005518 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 UTIB0005518
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 – PANT NAGAR, 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:
UTIB0005518. - 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.
Reaching the branch
The Pant Nagar branch sits at SHOP NO 1,2 AND 3, SOFRANCE BLDG,FORMERLY KNOWN AS SAI CHHAYA CHS LTD PLOT NO 194 A, PART OF VILLAGE GHATKOPARRT OF VILLAGE VIK. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-9518580131 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 UTIB0005518 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0005518 for Axis Bank – PANT NAGAR, 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 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 Pant Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0005518, however, work 24x7.
Branch address & contact
Axis BankPant Nagar Branch
SHOP NO 1,2 AND 3, SOFRANCE BLDG,FORMERLY KNOWN AS SAI CHHAYA CHS LTD PLOT NO 194 A, PART OF VILLAGE GHATKOPARRT OF VILLAGE VIK
Mumbai, Maharashtra
Phone: 22-9518580131
IFSC: UTIB0005518
Frequently asked questions
Is IFSC UTIB0005518 the same for all accounts at Pant Nagar branch?
Yes. The IFSC UTIB0005518 is shared by every account held at Axis Bank's Pant Nagar branch. Only the account number changes from customer to customer.
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 Pant Nagar branch but serve different purposes.
Where is Axis Bank Pant Nagar branch located?
Axis Bank's Pant Nagar branch is located at SHOP NO 1,2 AND 3, SOFRANCE BLDG,FORMERLY KNOWN AS SAI CHHAYA CHS LTD PLOT NO 194 A, PART OF VILLAGE GHATKOPARRT OF VILLAGE VIK, Mumbai, Maharashtra.
How quickly will an NEFT transfer using UTIB0005518 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Pant Nagar reflect within 30 minutes.
Is IFSC UTIB0005518 valid for NEFT and RTGS?
Yes. IFSC UTIB0005518 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC UTIB0005518 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0005518 to send funds instantly.
Summary
The IFSC code UTIB0005518 belongs to Axis Bank's PANT NAGAR branch, located at SHOP NO 1,2 AND 3, SOFRANCE BLDG,FORMERLY KNOWN AS SAI CHHAYA CHS LTD PLOT NO… 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.
