Below are the complete branch details for Axis Bank, ULWE branch, located in NEW BOMBAY, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0002917. 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 UTIB0002917 for Axis Bank – ULWE — 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, UTIB0002917 is the IFSC of Axis Bank's ULWE branch. The format is fixed: UTIB = bank code, 0 = reserved, 002917 = branch identifier.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Ulwe branch in New Bombay. 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, UTIB0002917.
About this branch
The branch is located at GR FL SHOP NO 11 AND 12 PRATHMESH PRIDE PLOT NO 6 SECTOR NO 19 ULWE NAVI MUMBAI RAIGAD410206. It serves the New Bombay 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 UTIB0002917 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Ulwe |
| IFSC Code | UTIB0002917 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GR FL SHOP NO 11 AND 12 PRATHMESH PRIDE PLOT NO 6 SECTOR NO 19 ULWE NAVI MUMBAI RAIGAD410206 |
| City | New Bombay |
| District | Raigad |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9167008613 |
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 ULWE branch came to be assigned the code UTIB0002917.
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 UTIB0002917, money simply cannot be routed to the ULWE branch electronically.
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 UTIB0002917 and the account number together uniquely identify the Ulwe branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0002917
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 UTIB0002917 across all three.
How to use IFSC UTIB0002917 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's ULWE 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 UTIB0002917.
- Confirm the bank name auto-populates as Axis Bank and the branch as ULWE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0002917
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 – ULWE, ensure your bank's portal accepts IFSC UTIB0002917 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – ULWE, use IMPS. With IFSC UTIB0002917 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 UTIB0002917 for Axis Bank – ULWE, 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 – UTIB0002917 | Yes – UTIB0002917 | Yes – UTIB0002917 |
For most retail customers crediting the Ulwe 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 UTIB0002917
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 – ULWE is still mapped to IFSC UTIB0002917. 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 UTIB0002917 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Ulwe branch is mapped to IFSC UTIB0002917 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 UTIB0002917.
Products and services
Customers walking into the Ulwe 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 UTIB0002917
Online banking and IFSC UTIB0002917
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the ULWE 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 UTIB0002917 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 Ulwe branch sits at GR FL SHOP NO 11 AND 12 PRATHMESH PRIDE PLOT NO 6 SECTOR NO 19 ULWE NAVI MUMBAI RAIGAD410206. If you are travelling from outside New Bombay, search for the branch on a maps application using the bank name and locality, or call 91-9167008613 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 UTIB0002917 and your account number.
Common mistakes to avoid when using IFSC UTIB0002917
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 – ULWE, 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:
UTIB0002917. - 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 Ulwe 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 UTIB0002917 continue to work without interruption.
Verifying IFSC UTIB0002917 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 UTIB0002917 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9167008613.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankUlwe Branch
GR FL SHOP NO 11 AND 12 PRATHMESH PRIDE PLOT NO 6 SECTOR NO 19 ULWE NAVI MUMBAI RAIGAD410206
New Bombay, Maharashtra
Phone: 91-9167008613
IFSC: UTIB0002917
Frequently asked questions
What is the phone number of Axis Bank Ulwe branch?
You can reach the branch at 91-9167008613 during regular banking hours.
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 Ulwe branch but serve different purposes.
What is the IFSC code of Axis Bank Ulwe branch?
The IFSC code of Axis Bank, Ulwe branch is UTIB0002917. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Axis Bank Ulwe as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0002917, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Axis Bank Ulwe branch located?
Axis Bank's Ulwe branch is located at GR FL SHOP NO 11 AND 12 PRATHMESH PRIDE PLOT NO 6 SECTOR NO 19 ULWE NAVI MUMBAI RAIGAD410206, New Bombay, Maharashtra.
Is IFSC UTIB0002917 the same for all accounts at Ulwe branch?
Yes. The IFSC UTIB0002917 is shared by every account held at Axis Bank's Ulwe branch. Only the account number changes from customer to customer.
Does Axis Bank Ulwe branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9167008613 to confirm.
Is IFSC UTIB0002917 valid for NEFT and RTGS?
Yes. IFSC UTIB0002917 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: UTIB0002917 is the IFSC code of Axis Bank, ULWE branch, in NEW BOMBAY, 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.
