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 Borivali Mumbai branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code AUBL0002341. 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, Borivali Mumbai, Mumbai
Here are some of the key details that come with the IFSC Code AUBL0002341 of Au Small Finance Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Au Small Finance Bank Limited |
| IFSC Code | AUBL0002341 |
| Branch | Borivali Mumbai |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | New Cts No 637 A, Shivalaya,, Chanda Varkar Road, Borivali |
These details are essential not only for online banking users but also for businesses and individuals who use Au Small Finance Bank Limited in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0002341 for the Borivali Mumbai 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Au Small Finance Bank Limited located in Borivali Mumbai, Mumbai, Maharashtra, is provided a unique IFSC like AUBL0002341 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Au Small Finance Bank Limited branch in Mumbai.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Au Small Finance Bank Limited in Borivali Mumbai do not get misguided to another person.
Format of the IFSC Code AUBL0002341
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 Borivali Mumbai in Mumbai.
For example, the IFSC Code AUBL0002341 of Au Small Finance Bank Limited for the Borivali Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Au Small Finance Bank Limited?
If you are looking for the IFSC Code AUBL0002341 of Au Small Finance Bank Limited for its Borivali Mumbai branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book that is issued by Au Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Au Small Finance Bank Limited branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Au Small Finance Bank Limited and look for the branch locator section, then search for Borivali Mumbai or Mumbai to get the exact IFSC Code AUBL0002341.
Mobile Banking App
If you use Au Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Au Small Finance Bank Limited and Mumbai, then it will provide you proper information.
How to Use IFSC Code AUBL0002341 for Online Transfers?
If you have the IFSC Code AUBL0002341 for the Borivali Mumbai branch of Au Small Finance Bank Limited in Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code AUBL0002341. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Au Small Finance Bank Limited IFSC Code AUBL0002341.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Au Small Finance Bank Limited Borivali Mumbai in Mumbai, it may result in delayed or failed transactions.
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 Borivali Mumbai, 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Borivali Mumbai Mumbai branch is AUBL0002341.
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 New Cts No 637 A, Shivalaya,, Chanda Varkar Road, Borivali.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.