Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Sector 62 (Noida) branch in Gautam Buddha Nagar, Noida, Uttar Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Gautam Buddha Nagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0000723. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sector 62 (Noida), Gautam Buddha Nagar
The table below shows the main details of the IFSC Code UTIB0000723 for the Axis Bank branch in Gautam Buddha Nagar, which falls under the Noida district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000723 |
| Branch | Sector 62 (Noida) |
| City | Gautam Buddha Nagar |
| District | Noida |
| State | Uttar Pradesh |
| Address | Ground Floor, Office No. 1, Tower A Lobe ┬Û05, Plot No. A-41, The Corenthum, Sector 62, Noida 201 301 Dist. Gautam Buddha Nagar, Uttar Pradesh |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Gautam Buddha Nagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000723 for the Sector 62 (Noida) branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000723 is given to every bank branch, including Axis Bank located in Sector 62 (Noida), Gautam Buddha Nagar, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Gautam Buddha Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Gautam Buddha Nagar and Noida.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Sector 62 (Noida) doesn't end up at another location.
Format of the IFSC Code UTIB0000723
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sector 62 (Noida) in Gautam Buddha Nagar.
For example, the IFSC Code UTIB0000723 of Axis Bank for the Sector 62 (Noida) branch has these elements, identifying the bank and the branch location in Gautam Buddha Nagar and Uttar Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000723 of Axis Bank for its Sector 62 (Noida) branch located in Gautam Buddha Nagar, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Gautam Buddha Nagar and Noida, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Sector 62 (Noida) or Gautam Buddha Nagar to get the exact IFSC Code UTIB0000723.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Gautam Buddha Nagar that will provide accurate information.
How to Use IFSC Code UTIB0000723 for Online Transfers?
Once you have the IFSC Code UTIB0000723 for the Sector 62 (Noida) branch of Axis Bank in Gautam Buddha Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000723. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0000723.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Sector 62 (Noida) in Gautam Buddha Nagar may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Sector 62 (Noida), here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Gautam Buddha Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000723.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Office No. 1, Tower A Lobe ┬Û05, Plot No. A-41, The Corenthum, Sector 62, Noida 201 301 Dist. Gautam Buddha Nagar, Uttar Pradesh located in Gautam Buddha Nagar, Noida, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.