IFSC Code of Axis Bank PARACH Branch

IFSC code UTIB0002233 belongs to the PARACH branch of Axis Bank in RUPNAGAR, PUNJAB. 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. Its MICR code is 160211034, used for cheque clearing.

How this IFSC code is structured: The first 4 characters "UTIB" represent the bank code assigned by the Reserve Bank of India (RBI). The 5th character is always 0 (zero), reserved by RBI for future use. The last 6 characters "002233" identify this specific branch within the bank's network. Together, these 11 characters uniquely identify this branch across India's entire banking network.

About Axis Bank Limited: Axis Bank is the third-largest private sector bank in India. It offers a comprehensive suite of financial products and services for retail, MSME, and corporate customers. The bank was founded in 1993. Its headquarters is in Mumbai, Maharashtra. It is a Private Sector Bank.

Where you can use UTIB0002233: This IFSC code is used to send money to any account at this branch via NEFT (any amount), RTGS (minimum ₹2 lakh), and IMPS (instant, 24×7). For UPI payments, IFSC is not required. UPI uses the recipient's Virtual Payment Address (VPA).

Important: Always verify the IFSC code directly with your bank or the recipient before initiating a money transfer. Adliko is an independent directory and is not affiliated with any bank. The data on this page is sourced from publicly available banking records and is updated regularly.