For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sector One Hundread Therty Seven branch in Gautam Budh Nagar, Noida, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Gautam Budh Nagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0003982. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sector One Hundread Therty Seven, Gautam Budh Nagar
The table below shows the main details of the IFSC Code UTIB0003982 for the Axis Bank branch in Gautam Budh Nagar, which falls under the Noida district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003982 |
| Branch | Sector One Hundread Therty Seven |
| City | Gautam Budh Nagar |
| District | Noida |
| State | Uttar Pradesh |
| Address | Upper Ground Floor Shop No 7 8 9 Plot No Gh 07B Ajnara Mart Sector 137 Noida 201301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Gautam Budh Nagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003982 for the Sector One Hundread Therty Seven 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 UTIB0003982 is given to every bank branch, including Axis Bank located in Sector One Hundread Therty Seven, Gautam Budh 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 Budh 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 Budh 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 One Hundread Therty Seven doesn't end up at another location.
Format of the IFSC Code UTIB0003982
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 One Hundread Therty Seven in Gautam Budh Nagar.
For example, the IFSC Code UTIB0003982 of Axis Bank for the Sector One Hundread Therty Seven branch has these elements, identifying the bank and the branch location in Gautam Budh Nagar and Uttar Pradesh correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003982 of Axis Bank for its Sector One Hundread Therty Seven branch located in Gautam Budh Nagar, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Gautam Budh Nagar and Noida, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Sector One Hundread Therty Seven or Gautam Budh Nagar to get the exact IFSC Code UTIB0003982.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Axis Bank and Gautam Budh Nagar, you'll get the correct details.
How to Use IFSC Code UTIB0003982 for Online Transfers?
Once you have the IFSC Code UTIB0003982 for the Sector One Hundread Therty Seven branch of Axis Bank in Gautam Budh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003982. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTIB0003982.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sector One Hundread Therty Seven in Gautam Budh Nagar, your payment can get delayed or might not go through at all.
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 One Hundread Therty Seven, 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 Budh Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003982.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Upper Ground Floor Shop No 7 8 9 Plot No Gh 07B Ajnara Mart Sector 137 Noida 201301 located in Gautam Budh Nagar, Noida, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.