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 31, Gurgaon 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 UTIB0001359. 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 31, Gurgaon, Gurgaon
Here are the main details that are associated with the IFSC Code UTIB0001359 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 | UTIB0001359 |
| Branch | Sector 31, Gurgaon |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Ground Floor & Basement S.C.O No. 29, Sector 31 - 32 A, Urban Estate, Gurgaon, Haryana - 122001 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Gurgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001359 for the Sector 31, Gurgaon branch of Axis Bank is vital.
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 Sector 31, Gurgaon, Gurgaon, Haryana, is provided with a unique IFSC like UTIB0001359 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 Sector 31, Gurgaon do not get mixed with another location.
Format of the IFSC Code UTIB0001359
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 Sector 31, Gurgaon in Gurgaon.
For example, the IFSC Code UTIB0001359 of Axis Bank for the Sector 31, Gurgaon 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 UTIB0001359 of Axis Bank for its Sector 31, Gurgaon 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 Sector 31, Gurgaon or Gurgaon to get the exact IFSC Code UTIB0001359.
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 UTIB0001359 for Online Transfers?
If you have the IFSC Code UTIB0001359 for the Sector 31, Gurgaon branch of Axis Bank in Gurgaon, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001359. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0001359.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Sector 31, Gurgaon in Gurgaon, it may result in delayed or failed transactions.
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 Sector 31, Gurgaon, 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 is UTIB0001359.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor & Basement S.C.O No. 29, Sector 31 - 32 A, Urban Estate, Gurgaon, Haryana - 122001 located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.