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 Paradise Mall Sec Forty Nine branch in Gurgaon, Gurgaon, Haryana, 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 Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0004250. 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, Paradise Mall Sec Forty Nine, Gurgaon
Below in the table are the key details related to IFSC Code UTIB0004250 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 | UTIB0004250 |
| Branch | Paradise Mall Sec Forty Nine |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | First Floor Unit No 101 The Paradise Block C Uppal Southend Sector 49 Gurgaon 122018 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Gurgaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004250 for the Paradise Mall Sec Forty Nine branch of Axis Bank plays 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 UTIB0004250 is given to every bank branch, including Axis Bank located in Paradise Mall Sec Forty Nine, 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 Paradise Mall Sec Forty Nine doesn't end up at another location.
Format of the IFSC Code UTIB0004250
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Paradise Mall Sec Forty Nine in Gurgaon.
For example, the IFSC Code UTIB0004250 of Axis Bank for the Paradise Mall Sec Forty Nine branch includes these elements, identifying the bank and the branch location in Gurgaon and Haryana accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0004250 of Axis Bank for its Paradise Mall Sec Forty Nine 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 Paradise Mall Sec Forty Nine or Gurgaon to get the exact IFSC Code UTIB0004250.
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 UTIB0004250 for Online Transfers?
Once you have the IFSC Code UTIB0004250 for the Paradise Mall Sec Forty Nine 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 UTIB0004250. 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 UTIB0004250.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Paradise Mall Sec Forty Nine in Gurgaon, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Paradise Mall Sec Forty Nine, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Gurgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Paradise Mall Sec Forty Nine Gurgaon branch is UTIB0004250.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at First Floor Unit No 101 The Paradise Block C Uppal Southend Sector 49 Gurgaon 122018.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.