Use this page as a one-stop reference for everything related to Axis Bank's SOUTH MADA STREET branch in DHARMAVARAM, ANDHRA PRADESH. The branch's IFSC code UTIB0001597 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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, UTIB0001597 is the IFSC of Axis Bank's SOUTH MADA STREET branch. The format is fixed: UTIB = bank code, 0 = reserved, 001597 = branch identifier.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | South Mada Street |
| IFSC Code | UTIB0001597 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AXIS BANK DOOR NO. 16-171,KEERTHI TOWERS, DURGAMMA TEMPLE STREET, DHARMAVARAM, ANANTAPUR DIST, A.P, - 515 67 |
| City | Dharmavaram |
| District | Anantapur |
| State | Andhra Pradesh |
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its South Mada Street branch in Dharmavaram, Andhra Pradesh is part of this network and uses the IFSC code UTIB0001597 for all electronic settlement.
South Mada Street branch overview
Located at AXIS BANK DOOR NO. 16-171,KEERTHI TOWERS, DURGAMMA TEMPLE STREET, DHARMAVARAM, ANANTAPUR DIST, A.P, - 515 67, the South Mada Street branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0001597 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 SOUTH MADA STREET of Axis Bank — its own 11-character IFSC. The code UTIB0001597 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 UTIB0001597 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 UTIB0001597
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 UTIB0001597 across all three.
NEFT to Axis Bank, SOUTH MADA STREET using IFSC UTIB0001597
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 UTIB0001597, and confirm that the system picks up Axis Bank – SOUTH MADA STREET. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UTIB0001597
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 – SOUTH MADA STREET, ensure your bank's portal accepts IFSC UTIB0001597 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – SOUTH MADA STREET, use IMPS. With IFSC UTIB0001597 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to South Mada Street
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 UTIB0001597:
- 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 SOUTH MADA STREET is still linked to IFSC UTIB0001597.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's SOUTH MADA STREET branch, the IFSC UTIB0001597 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the South Mada Street branch
Once you have an account at Axis Bank – SOUTH MADA STREET, the IFSC UTIB0001597 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the South Mada Street 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 UTIB0001597
MICR & cheque-truncation details
Cheques drawn on the South Mada Street branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0001597 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC UTIB0001597
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the SOUTH MADA STREET 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 UTIB0001597 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 UTIB0001597
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 – SOUTH MADA STREET, 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:
UTIB0001597. - 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 South Mada Street branch sits at AXIS BANK DOOR NO. 16-171,KEERTHI TOWERS, DURGAMMA TEMPLE STREET, DHARMAVARAM, ANANTAPUR DIST, A.P, - 515 67. If you are travelling from outside Dharmavaram, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 UTIB0001597 and your account number.
Verifying IFSC UTIB0001597 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 UTIB0001597 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.
Working hours
Branch counters at South Mada Street are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0001597 continue to work without interruption.
Branch address & contact
Axis BankSouth Mada Street Branch
AXIS BANK DOOR NO. 16-171,KEERTHI TOWERS, DURGAMMA TEMPLE STREET, DHARMAVARAM, ANANTAPUR DIST, A.P, - 515 67
Dharmavaram, Andhra Pradesh
Phone: the branch contact number
IFSC: UTIB0001597
Frequently asked questions
What is the IFSC code of Axis Bank South Mada Street branch?
The IFSC code of Axis Bank, South Mada Street branch is UTIB0001597. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using UTIB0001597 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – South Mada Street reflect within 30 minutes.
Where is Axis Bank South Mada Street branch located?
Axis Bank's South Mada Street branch is located at AXIS BANK DOOR NO. 16-171,KEERTHI TOWERS, DURGAMMA TEMPLE STREET, DHARMAVARAM, ANANTAPUR DIST, A.P, - 515 67, Dharmavaram, Andhra Pradesh.
Can I use IFSC UTIB0001597 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0001597 to send funds instantly.
Is IFSC UTIB0001597 valid for NEFT and RTGS?
Yes. IFSC UTIB0001597 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC UTIB0001597 the same for all accounts at South Mada Street branch?
Yes. The IFSC UTIB0001597 is shared by every account held at Axis Bank's South Mada Street branch. Only the account number changes from customer to customer.
How do I add Axis Bank South Mada Street as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0001597, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code UTIB0001597 belongs to Axis Bank's SOUTH MADA STREET branch, located at AXIS BANK DOOR NO. 16-171,KEERTHI TOWERS, DURGAMMA TEMPLE STREET, DHARMAVARAM,… in DHARMAVARAM, ANDHRA PRADESH. 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.
