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 Gurudronacharya branch in Gurgaon, Gurgaon, Haryana, 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 Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0002903. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Gurudronacharya, Gurgaon
Here are the main details that are associated with the IFSC Code UTIB0002903 of Axis Bank for its branch located in Gurgaon, within the district of Gurgaon in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002903 |
| Branch | Gurudronacharya |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Solitaire Plaza Unit 01 B M G Road Near Guru Dronacharya Metro Station Gurgaon |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Gurgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002903 for the Gurudronacharya branch of Axis Bank plays a vital 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 UTIB0002903 is given to every bank branch, including Axis Bank located in Gurudronacharya, Gurgaon, Haryana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Gurgaon.
- 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 Gurgaon and Gurgaon.
- 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Gurudronacharya doesn't end up at another location.
Format of the IFSC Code UTIB0002903
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 Gurudronacharya in Gurgaon.
For example, the IFSC Code UTIB0002903 of Axis Bank for the Gurudronacharya branch has these elements, identifying the bank and the branch location in Gurgaon and Haryana correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0002903 of Axis Bank for its Gurudronacharya branch located in Gurgaon, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Gurgaon and Gurgaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Gurudronacharya or Gurgaon to get the exact IFSC Code UTIB0002903.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Gurgaon, then it will provide you proper information.
How to Use IFSC Code UTIB0002903 for Online Transfers?
Once you have the IFSC Code UTIB0002903 for the Gurudronacharya branch of Axis Bank in Gurgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002903. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0002903.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Gurudronacharya in Gurgaon, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Gurudronacharya, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Gurgaon manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002903.
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 Solitaire Plaza Unit 01 B M G Road Near Guru Dronacharya Metro Station Gurgaon located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.