For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Au Small Finance Bank Limited for its Abohar branch in Fazilka, Fazilka, Punjab, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Au Small Finance Bank Limited located in Fazilka or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code AUBL0002396. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Au Small Finance Bank Limited, Abohar, Fazilka
Here are some of the key details that come with the IFSC Code AUBL0002396 of Au Small Finance Bank Limited for its branch located in Fazilka, within the district of Fazilka in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Au Small Finance Bank Limited |
| IFSC Code | AUBL0002396 |
| Branch | Abohar |
| City | Fazilka |
| District | Fazilka |
| State | Punjab |
| Address | Khasra No. 702, Durga Complex, Street No. 9, Circular Road |
These details helps users in online banking and for businesses and individuals who use Au Small Finance Bank Limited in Fazilka for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0002396 for the Abohar branch of Au Small Finance Bank Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Au Small Finance Bank Limited located in Abohar, Fazilka, Punjab, is provided with a unique IFSC like AUBL0002396 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Au Small Finance Bank Limited branch in Fazilka.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Fazilka and Fazilka.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for Au Small Finance Bank Limited in Abohar do not get mixed with another location.
Format of the IFSC Code AUBL0002396
This is the format of the IFSC Code for banks, including Au Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Au Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Abohar in Fazilka.
For example, the IFSC Code AUBL0002396 of Au Small Finance Bank Limited for the Abohar branch includes these elements, identifying the bank and the branch location in Fazilka and Punjab accurately.
How to Find IFSC Code for Au Small Finance Bank Limited?
To find the IFSC Code AUBL0002396 of Au Small Finance Bank Limited for its Abohar branch located in Fazilka, the following methods can help you out:
Cheque Book
The cheque book issued by Au Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Au Small Finance Bank Limited branches in Fazilka and Fazilka, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Au Small Finance Bank Limited and go to the branch locator section. Then search for Abohar or Fazilka to find the exact IFSC Code AUBL0002396.
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 maintains an updated database of all IFSC codes. Searching for Au Small Finance Bank Limited and Fazilka will provide accurate information.
How to Use IFSC Code AUBL0002396 for Online Transfers?
Once you have the IFSC Code AUBL0002396 for the Abohar branch of Au Small Finance Bank Limited in Fazilka, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code AUBL0002396. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Au Small Finance Bank Limited IFSC Code AUBL0002396.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Au Small Finance Bank Limited Abohar in Fazilka, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Au Small Finance Bank Limited in Abohar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Au Small Finance Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Fazilka manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is AUBL0002396.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Khasra No. 702, Durga Complex, Street No. 9, Circular Road located in Fazilka, Fazilka, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.