Use this page as a one-stop reference for everything related to Axis Bank's PREMIUMBRANCHCHANDIGARH branch in CHANDIGARH, CHANDIGARH. The branch's IFSC code UTIB0001629 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, UTIB0001629 is the IFSC of Axis Bank's PREMIUMBRANCHCHANDIGARH branch. The format is fixed: UTIB = bank code, 0 = reserved, 001629 = branch identifier.
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Premiumbranchchandigarh branch in Chandigarh, Chandigarh is part of this network and uses the IFSC code UTIB0001629 for all electronic settlement.
About this branch
The branch is located at AXIS BANK LTD GROUND FLOOR AND BASEMENT, SCO 139,140,141,AND 142 SECTOR 9C, MADHYAMARG,CHANDIGARH. It serves the Chandigarh region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Axis Bank. The IFSC UTIB0001629 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Premiumbranchchandigarh |
| IFSC Code | UTIB0001629 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AXIS BANK LTD GROUND FLOOR AND BASEMENT, SCO 139,140,141,AND 142 SECTOR 9C, MADHYAMARG,CHANDIGARH |
| City | Chandigarh |
| District | Chandigarh |
| State | Chandigarh |
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PREMIUMBRANCHCHANDIGARH of Axis Bank — its own 11-character IFSC. The code UTIB0001629 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0001629 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Premiumbranchchandigarh branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0001629 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC UTIB0001629
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 UTIB0001629 across all three.
NEFT to Axis Bank, PREMIUMBRANCHCHANDIGARH using IFSC UTIB0001629
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UTIB0001629, and confirm that the system picks up Axis Bank – PREMIUMBRANCHCHANDIGARH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PREMIUMBRANCHCHANDIGARH
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PREMIUMBRANCHCHANDIGARH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0001629 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – PREMIUMBRANCHCHANDIGARH, use IMPS. With IFSC UTIB0001629 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0001629 for Axis Bank – PREMIUMBRANCHCHANDIGARH, 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 – UTIB0001629 | Yes – UTIB0001629 | Yes – UTIB0001629 |
For most retail customers crediting the Premiumbranchchandigarh 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.
UPI payments and IFSC UTIB0001629
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Axis Bank – PREMIUMBRANCHCHANDIGARH is still mapped to IFSC UTIB0001629. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UTIB0001629 and the beneficiary's account number to complete the transfer.
Account types you can open at the Premiumbranchchandigarh branch
Once you have an account at Axis Bank – PREMIUMBRANCHCHANDIGARH, the IFSC UTIB0001629 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Premiumbranchchandigarh branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- 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 UTIB0001629
Digital banking channels
Most day-to-day work that customers used to do at the Premiumbranchchandigarh branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UTIB0001629 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
How to reach the Premiumbranchchandigarh branch
The branch is located at AXIS BANK LTD GROUND FLOOR AND BASEMENT, SCO 139,140,141,AND 142 SECTOR 9C, MADHYAMARG,CHANDIGARH, which puts it inside Chandigarh, the broader Chandigarh district, and the state of Chandigarh. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Premiumbranchchandigarh branch” — the verified location pin for IFSC UTIB0001629 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number 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 UTIB0001629 and your account number.
Common mistakes to avoid when using IFSC UTIB0001629
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Axis Bank – PREMIUMBRANCHCHANDIGARH, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UTIB0001629. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Premiumbranchchandigarh branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0001629, however, work 24x7.
Verifying IFSC UTIB0001629 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0001629 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch address & contact
Axis BankPremiumbranchchandigarh Branch
AXIS BANK LTD GROUND FLOOR AND BASEMENT, SCO 139,140,141,AND 142 SECTOR 9C, MADHYAMARG,CHANDIGARH
Chandigarh, Chandigarh
Phone: the branch contact number
IFSC: UTIB0001629
Frequently asked questions
Is IFSC UTIB0001629 valid for NEFT and RTGS?
Yes. IFSC UTIB0001629 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Axis Bank Premiumbranchchandigarh branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC UTIB0001629 the same for all accounts at Premiumbranchchandigarh branch?
Yes. The IFSC UTIB0001629 is shared by every account held at Axis Bank's Premiumbranchchandigarh branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Premiumbranchchandigarh branch but serve different purposes.
Can I use IFSC UTIB0001629 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0001629 to send funds instantly.
What is the IFSC code of Axis Bank Premiumbranchchandigarh branch?
The IFSC code of Axis Bank, Premiumbranchchandigarh branch is UTIB0001629. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: UTIB0001629 is the IFSC code of Axis Bank, PREMIUMBRANCHCHANDIGARH branch, in CHANDIGARH, CHANDIGARH. 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.
