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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its The Gurgaon Central Cooperative Bank Limited branch in Gurgaon, Hailey Mandi, or Haryana, this guide will help you with all the details.
There have been major changes in the banking sector 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 UTIB0SGCB08. 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, The Gurgaon Central Cooperative Bank Limited, Gurgaon
Here are the main details that are associated with the IFSC Code UTIB0SGCB08 of Axis Bank for its branch located in Gurgaon, within the district of Hailey Mandi in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SGCB08 |
| Branch | The Gurgaon Central Cooperative Bank Limited |
| City | Gurgaon |
| District | Hailey Mandi |
| State | Haryana |
| Address | B.O. Haily Mandi Branch Manager, The Gurgaon Central Cooperative Bank Ltd, Hailly Mandi, Pataudi, Haryana |
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 UTIB0SGCB08 for the The Gurgaon Central Cooperative Bank Limited 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in The Gurgaon Central Cooperative Bank Limited, Gurgaon, Haryana, is provided with a unique IFSC like UTIB0SGCB08 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 Hailey Mandi.
- 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 The Gurgaon Central Cooperative Bank Limited do not get mixed with another location.
Format of the IFSC Code UTIB0SGCB08
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): 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 The Gurgaon Central Cooperative Bank Limited in Gurgaon.
For example, the IFSC Code UTIB0SGCB08 of Axis Bank for the The Gurgaon Central Cooperative Bank Limited 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 trying to find the IFSC Code UTIB0SGCB08 of Axis Bank for its The Gurgaon Central Cooperative Bank Limited branch located in Gurgaon, 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 Gurgaon and Hailey Mandi, 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 The Gurgaon Central Cooperative Bank Limited or Gurgaon to get the exact IFSC Code UTIB0SGCB08.
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 Gurgaon, you'll get the correct details.
How to Use IFSC Code UTIB0SGCB08 for Online Transfers?
Once you have the IFSC Code UTIB0SGCB08 for the The Gurgaon Central Cooperative Bank Limited 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 UTIB0SGCB08. 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 UTIB0SGCB08.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Gurgaon Central Cooperative Bank Limited 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 differ from IFSC codes. If you are looking for the MICR code of Axis Bank in The Gurgaon Central Cooperative Bank Limited, 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 UTIB0SGCB08.
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 B.O. Haily Mandi Branch Manager, The Gurgaon Central Cooperative Bank Ltd, Hailly Mandi, Pataudi, Haryana located in Gurgaon, Hailey Mandi, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.