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 Latur branch in Latur, Latur, Maharashtra, 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 Latur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code AUBL0002361. 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, Latur, Latur

The table below shows the main details of the IFSC Code AUBL0002361 for the Au Small Finance Bank Limited branch in Latur, which falls under the Latur district in Maharashtra.

Particulars Details
Bank Au Small Finance Bank Limited
IFSC Code AUBL0002361
Branch Latur
City Latur
District Latur
State Maharashtra
Address City Sy. 9909/2, Opp. Haunman Mandir, Near Water Tank, Barshi Road

These details are essential not only for online banking users but also for businesses and individuals who use Au Small Finance Bank Limited in Latur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0002361 for the Latur branch of Au Small Finance Bank Limited plays an important 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, along with Au Small Finance Bank Limited located in Latur, Latur, Maharashtra, are given a unique IFSC like AUBL0002361 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Latur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Latur and Latur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Au Small Finance Bank Limited in Latur goes to the correct branch. This is important because Au Small Finance Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code AUBL0002361

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 Latur in Latur.

For example, the IFSC Code AUBL0002361 of Au Small Finance Bank Limited for the Latur branch has these elements, identifying the bank and the branch location in Latur and Maharashtra correctly.

How to Find IFSC Code for Au Small Finance Bank Limited?

If you are trying to find the IFSC Code AUBL0002361 of Au Small Finance Bank Limited for its Latur branch located in Latur, 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

You can easily find the IFSC and MICR codes because most banks, including Au Small Finance Bank Limited branches in Latur and Latur, print them 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 Latur or Latur to get the exact IFSC Code AUBL0002361.

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 Latur, you'll get the correct details.

How to Use IFSC Code AUBL0002361 for Online Transfers?

Once you have the IFSC Code AUBL0002361 for the Latur branch of Au Small Finance Bank Limited in Latur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code AUBL0002361. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 AUBL0002361.

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 Latur in Latur, your payment can get delayed or might not go through at all.

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 Latur, 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 Latur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Au Small Finance Bank Limited in Latur, Latur?

The IFSC Code is AUBL0002361.

Is the IFSC Code AUBL0002361 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Au Small Finance Bank Limited Latur?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Latur branch?

The address of the branch is City Sy. 9909/2, Opp. Haunman Mandir, Near Water Tank, Barshi Road located in Latur, Latur, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.