IFSC Code of Axis Bank MUTHUKUR Branch

IFSC code UTIB0001016 belongs to the MUTHUKUR branch of Axis Bank in NELLORE, ANDHRA PRADESH. The branch is located at HARBOUR HEIGHTS , SURVEY NO.485-2, OPP. PANCHAYAT OFFICE, MUTHUKUR MAIN ROAD , MUTHUKUR, DISTRICT NELLORE , ANDHRA PRADESH, PIN 524344. Its MICR code is 524211642, used for cheque clearing.

How this IFSC code is structured: The first 4 characters "UTIB" represent the bank code assigned by the Reserve Bank of India (RBI). The 5th character is always 0 (zero), reserved by RBI for future use. The last 6 characters "001016" identify this specific branch within the bank's network. Together, these 11 characters uniquely identify this branch across India's entire banking network.

About Axis Bank Limited: Axis Bank is the third-largest private sector bank in India. It offers a comprehensive suite of financial products and services for retail, MSME, and corporate customers. The bank was founded in 1993. Its headquarters is in Mumbai, Maharashtra. It is a Private Sector Bank.

Where you can use UTIB0001016: This IFSC code is used to send money to any account at this branch via NEFT (any amount), RTGS (minimum ₹2 lakh), and IMPS (instant, 24×7). For UPI payments, IFSC is not required. UPI uses the recipient's Virtual Payment Address (VPA).

Important: Always verify the IFSC code directly with your bank or the recipient before initiating a money transfer. Adliko is an independent directory and is not affiliated with any bank. The data on this page is sourced from publicly available banking records and is updated regularly.