Below are the complete branch details for Axis Bank, PARLE POINT branch, located in SURAT, GUJARAT. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0005112. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case UTIB0005112 for Axis Bank – PARLE POINT — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, UTIB0005112 is the IFSC of Axis Bank's PARLE POINT branch. The format is fixed: UTIB = bank code, 0 = reserved, 005112 = branch identifier.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Parle Point |
| IFSC Code | UTIB0005112 |
| MICR Code | Refer to cheque leaf |
| Branch Address | KAKADIYA COMPLEX 14 ADARSH SOCIETY OPP GHOD DOD RD |
| City | Surat |
| District | Surat |
| State | Gujarat |
| STD Code | 91 |
| Phone | 8980648801 |
Bank profile
Axis Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Parle Point branch — IFSC UTIB0005112 — extends the bank's services to customers in and around Surat, Gujarat.
About this branch
The branch is located at KAKADIYA COMPLEX 14 ADARSH SOCIETY OPP GHOD DOD RD. It serves the Surat 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 UTIB0005112 is used to identify this branch on the RBI payments network.
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 PARLE POINT of Axis Bank — its own 11-character IFSC. The code UTIB0005112 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 UTIB0005112 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC UTIB0005112
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 UTIB0005112 across all three.
NEFT to Axis Bank, PARLE POINT using IFSC UTIB0005112
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 UTIB0005112, and confirm that the system picks up Axis Bank – PARLE POINT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PARLE POINT
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's PARLE POINT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0005112 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 – PARLE POINT, use IMPS. With IFSC UTIB0005112 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 UTIB0005112 for Axis Bank – PARLE POINT, 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 – UTIB0005112 | Yes – UTIB0005112 | Yes – UTIB0005112 |
For most retail customers crediting the Parle Point 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 PARLE POINT branch, the IFSC UTIB0005112 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 Parle Point branch is mapped to IFSC UTIB0005112 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 UTIB0005112.
Banking services available
The Parle Point branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8980648801.
- 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 UTIB0005112
MICR & cheque-truncation details
Cheques drawn on the Parle Point branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0005112 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Parle Point 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 UTIB0005112 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.
Common mistakes to avoid when using IFSC UTIB0005112
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 – PARLE POINT, 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:
UTIB0005112. - 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.
Reaching the branch
The Parle Point branch sits at KAKADIYA COMPLEX 14 ADARSH SOCIETY OPP GHOD DOD RD. If you are travelling from outside Surat, search for the branch on a maps application using the bank name and locality, or call 91-8980648801 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UTIB0005112 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0005112 for Axis Bank – PARLE POINT, 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 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 Parle Point branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0005112, however, work 24x7.
Branch address & contact
Axis BankParle Point Branch
KAKADIYA COMPLEX 14 ADARSH SOCIETY OPP GHOD DOD RD
Surat, Gujarat
Phone: 91-8980648801
IFSC: UTIB0005112
Frequently asked questions
What is the phone number of Axis Bank Parle Point branch?
You can reach the branch at 91-8980648801 during regular banking hours.
What is the IFSC code of Axis Bank Parle Point branch?
The IFSC code of Axis Bank, Parle Point branch is UTIB0005112. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using UTIB0005112 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Parle Point reflect within 30 minutes.
Does Axis Bank Parle Point branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8980648801 to confirm.
How do I add Axis Bank Parle Point as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0005112, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC UTIB0005112 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0005112 to send funds instantly.
Where is Axis Bank Parle Point branch located?
Axis Bank's Parle Point branch is located at KAKADIYA COMPLEX 14 ADARSH SOCIETY OPP GHOD DOD RD, Surat, Gujarat.
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 Parle Point branch but serve different purposes.
Final notes
To recap: UTIB0005112 is the IFSC code of Axis Bank, PARLE POINT branch, in SURAT, GUJARAT. 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.
