The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Parle Point branch in Surat, Surat, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0005112. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Parle Point, Surat
Here are the key points that are associated with the IFSC Code UTIB0005112 of Axis Bank for its branch located in Surat, within the district of Surat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005112 |
| Branch | Parle Point |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Kakadiya Complex 14 Adarsh Society Opp Ghod Dod Rd |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Surat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005112 for the Parle Point branch of Axis Bank has 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 UTIB0005112 is given to every bank branch, including Axis Bank located in Parle Point, Surat, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Surat.
- 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 Surat and Surat.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Parle Point doesn't end up at another location.
Format of the IFSC Code UTIB0005112
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 Parle Point in Surat.
For example, the IFSC Code UTIB0005112 of Axis Bank for the Parle Point branch includes these elements, identifying the bank and the branch location in Surat and Gujarat correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005112 of Axis Bank for its Parle Point branch located in Surat, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Surat and Surat, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Parle Point or Surat to find the exact IFSC Code UTIB0005112.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Surat will provide accurate information.
How to Use IFSC Code UTIB0005112 for Online Transfers?
Once you have the IFSC Code UTIB0005112 for the Parle Point branch of Axis Bank in Surat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005112. 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 UTIB0005112.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Parle Point in Surat, 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 Parle Point, 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 Surat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Parle Point Surat branch is UTIB0005112.
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 Kakadiya Complex 14 Adarsh Society Opp Ghod Dod Rd.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
