Below are the complete branch details for Axis Bank, SHANTHI COLONY branch, located in CHENNAI, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0001510. 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 UTIB0001510 for Axis Bank – SHANTHI COLONY — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Axis Bank's SHANTHI COLONY branch, the IFSC UTIB0001510 breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and 001510 identifies this particular branch.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Shanthi Colony |
| IFSC Code | UTIB0001510 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO.83/AD13, ANNANAGAR VTH AVENUE , CHENNAI, TAMIL NADU, PIN 600040 |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shanthi Colony branch in Chennai, Tamil Nadu is part of this network and uses the IFSC code UTIB0001510 for all electronic settlement.
About the Shanthi Colony branch
The Shanthi Colony branch of Axis Bank is situated at NO.83/AD13, ANNANAGAR VTH AVENUE , CHENNAI, TAMIL NADU, PIN 600040. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code UTIB0001510 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's SHANTHI COLONY branch came to be assigned the code UTIB0001510.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0001510, money simply cannot be routed to the SHANTHI COLONY branch electronically.
How to transfer money using IFSC UTIB0001510
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 UTIB0001510 across all three.
NEFT to Axis Bank, SHANTHI COLONY using IFSC UTIB0001510
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 UTIB0001510, and confirm that the system picks up Axis Bank – SHANTHI COLONY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SHANTHI COLONY
If you need to transfer ₹2 lakh or more in one go to an account at Axis Bank's SHANTHI COLONY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC UTIB0001510 while initiating the transfer and the credit will appear within minutes.
IMPS to Axis Bank SHANTHI COLONY (IFSC UTIB0001510)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0001510 in your mobile or internet banking app, and the money is credited to the SHANTHI COLONY branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0001510 for Axis Bank – SHANTHI COLONY, 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 – UTIB0001510 | Yes – UTIB0001510 | Yes – UTIB0001510 |
For most retail customers crediting the Shanthi Colony 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.
UPI payments and IFSC UTIB0001510
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 – SHANTHI COLONY is still mapped to IFSC UTIB0001510. 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 UTIB0001510 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Shanthi Colony branch is mapped to IFSC UTIB0001510 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 UTIB0001510.
Products and services
Customers walking into the Shanthi Colony branch can access most of Axis Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC UTIB0001510
MICR & cheque-truncation details
Cheques drawn on the Shanthi Colony branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0001510 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 Shanthi Colony 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 UTIB0001510 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.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – SHANTHI COLONY:
- The IFSC is exactly UTIB0001510 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and SHANTHI COLONY as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Shanthi Colony branch
The branch is located at NO.83/AD13, ANNANAGAR VTH AVENUE , CHENNAI, TAMIL NADU, PIN 600040, which puts it inside Chennai, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Shanthi Colony branch” — the verified location pin for IFSC UTIB0001510 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0001510 and your account number.
Verifying IFSC UTIB0001510 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 UTIB0001510 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- 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 Shanthi Colony branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UTIB0001510, however, work 24x7.
Branch address & contact
Axis BankShanthi Colony Branch
NO.83/AD13, ANNANAGAR VTH AVENUE , CHENNAI, TAMIL NADU, PIN 600040
Chennai, Tamil Nadu
Phone: the branch contact number
IFSC: UTIB0001510
Frequently asked questions
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 Shanthi Colony branch but serve different purposes.
How do I add Axis Bank Shanthi Colony as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0001510, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC UTIB0001510 the same for all accounts at Shanthi Colony branch?
Yes. The IFSC UTIB0001510 is shared by every account held at Axis Bank's Shanthi Colony branch. Only the account number changes from customer to customer.
Does Axis Bank Shanthi Colony branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
How quickly will an NEFT transfer using UTIB0001510 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Shanthi Colony reflect within 30 minutes.
Can I use IFSC UTIB0001510 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0001510 to send funds instantly.
Summary
The IFSC code UTIB0001510 belongs to Axis Bank's SHANTHI COLONY branch, located at NO.83/AD13, ANNANAGAR VTH AVENUE , CHENNAI, TAMIL NADU, PIN 600040 in CHENNAI, TAMIL NADU. 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.
