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 Patelnagar 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 UTIB0004658. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Patelnagar, Gurgaon
The table below shows the main details of the IFSC Code UTIB0004658 for the Axis Bank branch in Gurgaon, which falls under the Gurgaon district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004658 |
| Branch | Patelnagar |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Ground Floor, Plot No. 503,2, New No. 1569, Patel Nagar, Gurgaon Old Mg Road, Patel Nagar, Gurgaon 122001, Haryana |
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 UTIB0004658 for the Patelnagar 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Patelnagar, Gurgaon, Haryana, is provided with a unique IFSC like UTIB0004658 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Gurgaon and Gurgaon.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Patelnagar do not get mixed with another location.
Format of the IFSC Code UTIB0004658
The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Patelnagar in Gurgaon.
For example, the IFSC Code UTIB0004658 of Axis Bank for the Patelnagar branch includes 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 UTIB0004658 of Axis Bank for its Patelnagar 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 Patelnagar or Gurgaon to get the exact IFSC Code UTIB0004658.
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 UTIB0004658 for Online Transfers?
Once you have the IFSC Code UTIB0004658 for the Patelnagar branch of Axis Bank in Gurgaon, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004658. 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 UTIB0004658.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Patelnagar in Gurgaon 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 Patelnagar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Gurgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004658.
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, Plot No. 503,2, New No. 1569, Patel Nagar, Gurgaon Old Mg Road, Patel Nagar, Gurgaon 122001, Haryana located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
