AXIS BANK IFSC Code – PARACH, KHARAR
Complete bank details including IFSC code, MICR code, address and payment facilities for PARACH branch.
Bank Details
| Bank Name | AXIS BANK |
| Branch Name | PARACH |
| IFSC Code | UTIB0002233 |
| MICR Code | 160211034 |
| Address | GROUND FLOOR, KHEWAT/KHATAUNI NO. 60/61, KHASRA NO. 285(0-14), VILLAGE PARACH, TEHSIL : KHARAR, DIST. SAS NAGAR(MOHALI), PUNJAB, PIN 140901 |
| City | KHARAR |
| District | RUPNAGAR |
| State | PUNJAB |
| Contact | 0 |
Payment Facilities
About IFSC Code UTIB0002233
The IFSC code UTIB0002233 uniquely identifies the PARACH branch of AXIS BANK located in KHARAR, PUNJAB. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code UTIB0002233
- First 4 characters (UTIB) – Represents AXIS BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (002233) – Unique branch identifier for PARACH
How to Use IFSC Code UTIB0002233
To transfer money to any account at AXIS BANK PARACH branch, you will need to provide the IFSC code UTIB0002233 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PARACH
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About AXIS BANK PARACH Branch
AXIS BANK PARACH is a branch of AXIS BANK located in KHARAR, PUNJAB. The branch provides comprehensive banking services to customers in KHARAR and surrounding areas.
Branch Address
GROUND FLOOR, KHEWAT/KHATAUNI NO. 60/61, KHASRA NO. 285(0-14), VILLAGE PARACH, TEHSIL : KHARAR, DIST. SAS NAGAR(MOHALI), PUNJAB, PIN 140901, KHARAR, PUNJAB
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 160211034. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of AXIS BANK PARACH?
The IFSC code of AXIS BANK PARACH branch in KHARAR is UTIB0002233.
What is the MICR code of AXIS BANK PARACH?
The MICR code of AXIS BANK PARACH branch is 160211034.
What is the address of AXIS BANK PARACH?
AXIS BANK PARACH 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.
Does AXIS BANK PARACH support NEFT/RTGS/IMPS?
AXIS BANK PARACH branch supports NEFT, RTGS, IMPS, and UPI transactions.