IFSC CODE DETAILS

AXIS BANK

MVP COLONY Branch

UTIB0000557

Branch Information

IFSC Code UTIB0000557
Bank AXIS BANK
Branch MVP COLONY
Address PLOT NO 4, 1ST FLOOR, SECTOR 10, MVP COLONY, VISAKHAPATNAM, 530 017
City VISAKHAPATNAM
District VISHAKAPATNAM
State ANDHRA PRADESH
PIN Code 530017

Understanding IFSC Code UTIB0000557

UTIB
Bank Code
0
Reserved
000557
Branch Code
  • UTIB: identifies AXIS BANK
  • 0: reserved digit (always 0 for future use)
  • 000557: identifies the MVP COLONY branch in VISAKHAPATNAM, ANDHRA PRADESH

Frequently Asked Questions: UTIB0000557

What is the IFSC code of AXIS BANK MVP COLONY branch?

The IFSC code of AXIS BANK MVP COLONY branch is UTIB0000557. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in VISAKHAPATNAM, ANDHRA PRADESH (PIN 530017).

What does the IFSC code UTIB0000557 mean?

UTIB identifies AXIS BANK, 0 is a reserved digit (always 0), and 000557 identifies the MVP COLONY branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is AXIS BANK MVP COLONY branch located?

AXIS BANK MVP COLONY branch is located at PLOT NO 4, 1ST FLOOR, SECTOR 10, MVP COLONY, VISAKHAPATNAM, 530 017. PIN code: 530017.

Can I use UTIB0000557 for NEFT, RTGS, IMPS and UPI?

Yes, UTIB0000557 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to AXIS BANK MVP COLONY.

What is the MICR code for AXIS BANK MVP COLONY branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code UTIB0000557 still active?

Based on RBI records, UTIB0000557 is an active IFSC code assigned to AXIS BANK MVP COLONY in VISAKHAPATNAM, ANDHRA PRADESH. If you receive a transaction failure citing this IFSC, contact AXIS BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with AXIS BANK or the RBI before initiating a high-value transfer.

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PIN code for this branch: 530017

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