Axis Bank IFSC Code
PARACH Branch, KHARAR, KHARAR, Punjab
The official Indian Financial System Code (IFSC) for Axis Bank, PARACH branch in KHARAR, Punjab is UTIB0002233. The MICR code for cheque clearance is 160211034.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Axis Bank
- Branch Name
- PARACH
- MICR Code
- City / District
- KHARAR (KHARAR)
- State
- Punjab
- Postal Pincode
- 140901
GROUND FLOOR, KHEWAT/KHATAUNI NO. 60/61, KHASRA NO. 285(0-14), VILLAGE PARACH, TEHSIL KHARAR, DIST. SAS NAGAR(MOHALI), PUNJAB, PIN 140901, Pincode: 140901
How to Read IFSC Code: UTIB0002233
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Axis Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Axis Bank (UTIB0002233)
What is the IFSC Code for Axis Bank PARACH branch?
The IFSC Code for Axis Bank PARACH branch in KHARAR, Punjab is UTIB0002233. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Axis Bank PARACH branch?
The branch is located at: GROUND FLOOR, KHEWAT/KHATAUNI NO. 60/61, KHASRA NO. 285(0-14), VILLAGE PARACH, TEHSIL KHARAR, DIST. SAS NAGAR(MOHALI), PUNJAB, PIN 140901, Pincode: 140901, KHARAR, Punjab.
What is the MICR Code for Axis Bank PARACH?
The MICR Code for electronic cheque clearing at Axis Bank PARACH is 160211034.
How to decipher the IFSC code UTIB0002233?
The first 4 characters 'UTIB' represent Axis Bank. The 5th character is '0' reserved for future use. The last 6 characters '002233' represent the specific PARACH branch code.
Parent Directory Links
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