IFSC Code of Axis Bank, MVP COLONY, VISAKHAPATNAM

UTIB0000557

BankAxis Bank
IFSC CodeUTIB0000557
Branch Code000557 (last six characters of IFSC)
BranchMVP COLONY
City / DistrictVISAKHAPATNAM
StateANDHRA PRADESH

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Axis Bank MVP COLONY IFSC Code

The MVP COLONY branch of Axis Bank located in VISAKHAPATNAM, ANDHRA PRADESH is identified by the IFSC code UTIB0000557. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using UTIB0000557

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code UTIB0000557 to identify the MVP COLONY branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Axis Bank, MVP COLONY?
The IFSC code is UTIB0000557.

What is the branch code?
The branch code is 000557, the last six characters of the IFSC code.