Hi Alok,
If you intend to configure/enable VRRP on each of the MLAG peers to provide Layer 3 Gateway Redundancy, then for each VLAN you can assign a unique IP address and configure another IP address to be used for VRRP (the same IP on both switches). For example:
Switch-1(X620)
VLAN2=192.168.1.2/24 /VRRP IP=192.168.1.254/24
VLAN3=10.10.10.2/24 /VRRP IP=10.10.10.254/24
Switch-2(X620)
VLAN2=192.168.1.3/24 /VRRP IP=192.168.1.254/24
VLAN3=10.10.10.3/24 /VRRP IP=10.10.10.254/24
As part of your network design, you would need to determine whether you want to setup VRRP with one switch as the VRRP master and the second switch as the VRRP Backup or you would like to have Active-Active VRRP.
Please let us know if you have any other questions.
Thank you.
Best regards,
Andrew