Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Au Small Finance Bank Limited for its Koramangala branch in Bengaluru Urban, Bengaluru, Karnataka, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Au Small Finance Bank Limited located in Bengaluru Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code AUBL0002695. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Au Small Finance Bank Limited, Koramangala, Bengaluru Urban
Below in the table are the key details related to IFSC Code AUBL0002695 of Au Small Finance Bank Limited for its branch located in Bengaluru Urban, within the district of Bengaluru in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Au Small Finance Bank Limited |
| IFSC Code | AUBL0002695 |
| Branch | Koramangala |
| City | Bengaluru Urban |
| District | Bengaluru |
| State | Karnataka |
| Address | Ground Floor, No. 572, 20Th Main, 1St Crossroad, 8Th Block, Koramangala, Bengaluru, Karnataka-560095 |
These details help users in online banking and for businesses and individuals who use Au Small Finance Bank Limited in Bengaluru Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0002695 for the Koramangala branch of Au Small Finance Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like AUBL0002695 is given to every bank branch, including Au Small Finance Bank Limited located in Koramangala, Bengaluru Urban, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Au Small Finance Bank Limited branch in Bengaluru Urban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Bengaluru Urban and Bengaluru.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Au Small Finance Bank Limited in Koramangala doesn't end up at another location.
Format of the IFSC Code AUBL0002695
The format of the IFSC Code for banks, including Au Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Au Small Finance Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Koramangala in Bengaluru Urban.
For example, the IFSC Code AUBL0002695 of Au Small Finance Bank Limited for the Koramangala branch has these elements, identifying the bank and the branch location in Bengaluru Urban and Karnataka correctly.
How to Find IFSC Code for Au Small Finance Bank Limited?
If you are trying to find the IFSC Code AUBL0002695 of Au Small Finance Bank Limited for its Koramangala branch located in Bengaluru Urban, the following methods can help:
Cheque Book
The cheque book issued by Au Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Au Small Finance Bank Limited branches in Bengaluru Urban and Bengaluru, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Au Small Finance Bank Limited and navigate to the branch locator section. Search for Koramangala or Bengaluru Urban to get the exact IFSC Code AUBL0002695.
Mobile Banking App
If you use Au Small Finance Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Au Small Finance Bank Limited and Bengaluru Urban, you'll get the correct details.
How to Use IFSC Code AUBL0002695 for Online Transfers?
Once you have the IFSC Code AUBL0002695 for the Koramangala branch of Au Small Finance Bank Limited in Bengaluru Urban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code AUBL0002695. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Au Small Finance Bank Limited IFSC Code AUBL0002695.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Au Small Finance Bank Limited Koramangala in Bengaluru Urban, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Au Small Finance Bank Limited in Koramangala, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Au Small Finance Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Bengaluru Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Koramangala Bengaluru Urban branch is AUBL0002695.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, No. 572, 20Th Main, 1St Crossroad, 8Th Block, Koramangala, Bengaluru, Karnataka-560095.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.