Use this page as a one-stop reference for everything related to Axis Bank's PARASBOD branch in BEMETARA, CHHATTISGARH. The branch's IFSC code UTIB0004947 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Axis Bank – PARASBOD is UTIB0004947. The first four letters UTIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 004947 map to this branch in BEMETARA, CHHATTISGARH.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Parasbod branch in Bemetara, Chhattisgarh is part of this network and uses the IFSC code UTIB0004947 for all electronic settlement.
About the Parasbod branch
The Parasbod branch of Axis Bank is situated at UPPER GROUND FLOOR, SAJA ROAD, BESIDE M SJALPOORTI ENTERPRISE, PO PS SAJA, DISTRICT BEMETARA. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0004947 is used.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Parasbod |
| IFSC Code | UTIB0004947 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UPPER GROUND FLOOR, SAJA ROAD, BESIDE M SJALPOORTI ENTERPRISE, PO PS SAJA, DISTRICT BEMETARA |
| City | Bemetara |
| District | Bemetara |
| State | Chhattisgarh |
| STD Code | 7824 |
| Phone | 7067413564 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's PARASBOD branch came to be assigned the code UTIB0004947.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0004947, money simply cannot be routed to the PARASBOD branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0004947 and the account number together uniquely identify the Parasbod branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC UTIB0004947
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0004947 across all three.
How to use IFSC UTIB0004947 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's PARASBOD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UTIB0004947.
- Confirm the bank name auto-populates as Axis Bank and the branch as PARASBOD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to PARASBOD
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PARASBOD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0004947 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank PARASBOD (IFSC UTIB0004947)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0004947 in your mobile or internet banking app, and the money is credited to the PARASBOD branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0004947 for Axis Bank – PARASBOD, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0004947 | Yes – UTIB0004947 | Yes – UTIB0004947 |
For most retail customers crediting the Parasbod branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's PARASBOD branch, the IFSC UTIB0004947 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Parasbod branch is mapped to IFSC UTIB0004947 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0004947.
Banking services available
The Parasbod branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7824-7067413564.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0004947
Online banking and IFSC UTIB0004947
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the PARASBOD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0004947 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Parasbod branch
The branch is located at UPPER GROUND FLOOR, SAJA ROAD, BESIDE M SJALPOORTI ENTERPRISE, PO PS SAJA, DISTRICT BEMETARA, which puts it inside Bemetara, the broader Bemetara district, and the state of Chhattisgarh. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Parasbod branch” — the verified location pin for IFSC UTIB0004947 should appear at the top of the results.
- Confirm the branch is open by calling 7824-7067413564 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0004947 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – PARASBOD:
- The IFSC is exactly UTIB0004947 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and PARASBOD as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Working hours
Branch counters at Parasbod are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0004947 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0004947 for Axis Bank – PARASBOD, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Axis BankParasbod Branch
UPPER GROUND FLOOR, SAJA ROAD, BESIDE M SJALPOORTI ENTERPRISE, PO PS SAJA, DISTRICT BEMETARA
Bemetara, Chhattisgarh
Phone: 7824-7067413564
IFSC: UTIB0004947
Frequently asked questions
How quickly will an NEFT transfer using UTIB0004947 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Parasbod reflect within 30 minutes.
Is IFSC UTIB0004947 the same for all accounts at Parasbod branch?
Yes. The IFSC UTIB0004947 is shared by every account held at Axis Bank's Parasbod branch. Only the account number changes from customer to customer.
Does Axis Bank Parasbod branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7824-7067413564 to confirm.
Where is Axis Bank Parasbod branch located?
Axis Bank's Parasbod branch is located at UPPER GROUND FLOOR, SAJA ROAD, BESIDE M SJALPOORTI ENTERPRISE, PO PS SAJA, DISTRICT BEMETARA, Bemetara, Chhattisgarh.
How do I add Axis Bank Parasbod as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0004947, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC UTIB0004947 valid for NEFT and RTGS?
Yes. IFSC UTIB0004947 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC UTIB0004947 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0004947 to send funds instantly.
What is the IFSC code of Axis Bank Parasbod branch?
The IFSC code of Axis Bank, Parasbod branch is UTIB0004947. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: UTIB0004947 is the IFSC code of Axis Bank, PARASBOD branch, in BEMETARA, CHHATTISGARH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
