PATIALA, PUNJAB
IFSC Code
UTIB0002803
MICR Code
160211046
Branch
ZIRAKPUR
Bank
Axis Bank
District
ZIRAKPUR
State
PUNJAB
Contact
+917837103032
Address
SHOWROOM 5 BALAJI ENCLAVE PATIALA ROAD
NEFT transfers to ZIRAKPUR, one of Axis Bank's branches in ZIRAKPUR, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.
RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches ZIRAKPUR almost immediately once processed, rather than waiting for the next settlement window.
IMPS is built for urgency: transfers to ZIRAKPUR clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.
A distinction that matters if you're transferring to ZIRAKPUR: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting ZIRAKPUR In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for Axis Bank's ZIRAKPUR branch in PATIALA, ZIRAKPUR, PUNJAB is UTIB0002803. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
The MICR code for this branch is 160211046. MICR codes are used for cheque clearing, while the IFSC code (UTIB0002803) is what's needed for electronic transfers like NEFT and RTGS.
This branch is located at: SHOWROOM 5 BALAJI ENCLAVE PATIALA ROAD. It falls under ZIRAKPUR district, PUNJAB.
Yes — the same IFSC code (UTIB0002803) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
Yes, this branch's listed contact number is +917837103032.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.