If you are searching for the IFSC code of Axis Bank, VIVEKANANDA MARG BALASORE branch in BALASORE, ODISHA, this page has every detail you need. The verified IFSC code for this branch is UTIB0003021. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the VIVEKANANDA MARG BALASORE branch, and detailed step-by-step guides for using the IFSC UTIB0003021 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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, UTIB0003021 is the IFSC of Axis Bank's VIVEKANANDA MARG BALASORE branch. The format is fixed: UTIB = bank code, 0 = reserved, 003021 = branch identifier.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Vivekananda Marg Balasore |
| IFSC Code | UTIB0003021 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GR N 1ST FL MOUZABAGBRUNDABAN IN CHIDIAPOLE VIVEKANANDA MG LAND MARK OLD LIC BLDG 756001 |
| City | Balasore |
| District | Baleshwar |
| State | Odisha |
| STD Code | 91 |
| Phone | 7381021500 |
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Vivekananda Marg Balasore branch in Balasore, Odisha is part of this network and uses the IFSC code UTIB0003021 for all electronic settlement.
Vivekananda Marg Balasore branch overview
Located at GR N 1ST FL MOUZABAGBRUNDABAN IN CHIDIAPOLE VIVEKANANDA MG LAND MARK OLD LIC BLDG 756001, the Vivekananda Marg Balasore branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0003021 is required for all interbank electronic transfers routed through this branch.
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 VIVEKANANDA MARG BALASORE of Axis Bank — its own 11-character IFSC. The code UTIB0003021 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 UTIB0003021 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 UTIB0003021
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 UTIB0003021 across all three.
How to use IFSC UTIB0003021 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's VIVEKANANDA MARG BALASORE branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UTIB0003021.
- Confirm the bank name auto-populates as Axis Bank and the branch as VIVEKANANDA MARG BALASORE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0003021
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – VIVEKANANDA MARG BALASORE, ensure your bank's portal accepts IFSC UTIB0003021 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank VIVEKANANDA MARG BALASORE (IFSC UTIB0003021)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0003021 in your mobile or internet banking app, and the money is credited to the VIVEKANANDA MARG BALASORE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Vivekananda Marg Balasore
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0003021:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at VIVEKANANDA MARG BALASORE is still linked to IFSC UTIB0003021.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC UTIB0003021
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 – VIVEKANANDA MARG BALASORE is still mapped to IFSC UTIB0003021. 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 UTIB0003021 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Vivekananda Marg Balasore branch is mapped to IFSC UTIB0003021 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 UTIB0003021.
Banking services available
The Vivekananda Marg Balasore branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7381021500.
- 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 UTIB0003021
MICR & cheque-truncation details
Cheques drawn on the Vivekananda Marg Balasore branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0003021 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC UTIB0003021
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the VIVEKANANDA MARG BALASORE branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0003021 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC UTIB0003021
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 – VIVEKANANDA MARG BALASORE, 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:
UTIB0003021. - 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 Vivekananda Marg Balasore branch sits at GR N 1ST FL MOUZABAGBRUNDABAN IN CHIDIAPOLE VIVEKANANDA MG LAND MARK OLD LIC BLDG 756001. If you are travelling from outside Balasore, search for the branch on a maps application using the bank name and locality, or call 91-7381021500 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 UTIB0003021 and your account number.
Verifying IFSC UTIB0003021 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 UTIB0003021 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7381021500.
- Visiting the bank's official branch locator page.
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 Vivekananda Marg Balasore branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0003021, however, work 24x7.
Branch address & contact
Axis BankVivekananda Marg Balasore Branch
GR N 1ST FL MOUZABAGBRUNDABAN IN CHIDIAPOLE VIVEKANANDA MG LAND MARK OLD LIC BLDG 756001
Balasore, Odisha
Phone: 91-7381021500
IFSC: UTIB0003021
Frequently asked questions
Is IFSC UTIB0003021 the same for all accounts at Vivekananda Marg Balasore branch?
Yes. The IFSC UTIB0003021 is shared by every account held at Axis Bank's Vivekananda Marg Balasore branch. Only the account number changes from customer to customer.
Where is Axis Bank Vivekananda Marg Balasore branch located?
Axis Bank's Vivekananda Marg Balasore branch is located at GR N 1ST FL MOUZABAGBRUNDABAN IN CHIDIAPOLE VIVEKANANDA MG LAND MARK OLD LIC BLDG 756001, Balasore, Odisha.
Does Axis Bank Vivekananda Marg Balasore branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7381021500 to confirm.
Is IFSC UTIB0003021 valid for NEFT and RTGS?
Yes. IFSC UTIB0003021 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Vivekananda Marg Balasore branch but serve different purposes.
How quickly will an NEFT transfer using UTIB0003021 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Vivekananda Marg Balasore reflect within 30 minutes.
Can I use IFSC UTIB0003021 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0003021 to send funds instantly.
What is the IFSC code of Axis Bank Vivekananda Marg Balasore branch?
The IFSC code of Axis Bank, Vivekananda Marg Balasore branch is UTIB0003021. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code UTIB0003021 belongs to Axis Bank's VIVEKANANDA MARG BALASORE branch, located at GR N 1ST FL MOUZABAGBRUNDABAN IN CHIDIAPOLE VIVEKANANDA MG LAND MARK OLD LIC… in BALASORE, ODISHA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
