There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Au Small Finance Bank Limited for its Sv Road Mumbai branch in Mumbai, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Au Small Finance Bank Limited situated in Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code AUBL0002342. You should 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, Sv Road Mumbai, Mumbai

Here are some of the key details that come with the IFSC Code AUBL0002342 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 AUBL0002342
Branch Sv Road Mumbai
City Mumbai
District Mumbai
State Maharashtra
Address Shop No 8-12, Ground Floor, Madina Manzil Building, Sv Road

These details are crucial, not just for online banking users but also for businesses and individuals who use Au Small Finance Bank Limited in Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0002342 for the Sv Road Mumbai branch of Au Small Finance Bank Limited has 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 Sv Road Mumbai, Mumbai, Maharashtra, are given a unique IFSC like AUBL0002342 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • 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 Mumbai and Mumbai.
  • 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 Sv Road Mumbai 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 AUBL0002342

The format of the IFSC Code for banks, including Au Small Finance Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Au Small Finance Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sv Road Mumbai in Mumbai.

For example, the IFSC Code AUBL0002342 of Au Small Finance Bank Limited for the Sv Road Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

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

If you are trying to find the IFSC Code AUBL0002342 of Au Small Finance Bank Limited for its Sv Road Mumbai branch located in Mumbai, the following methods can help:

Cheque Book

The cheque books that are issued by Au Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most 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

Visit the official website of Au Small Finance Bank Limited and find the branch locator section. Search for Sv Road Mumbai or Mumbai to get the exact IFSC Code AUBL0002342.

Mobile Banking App

If you use Au Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for Au Small Finance Bank Limited and Mumbai that will provide accurate information.

How to Use IFSC Code AUBL0002342 for Online Transfers?

Once you have the IFSC Code AUBL0002342 for the Sv Road Mumbai branch of Au Small Finance Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code AUBL0002342. 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 AUBL0002342.

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 Sv Road Mumbai in Mumbai, 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 Sv Road Mumbai, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Mumbai 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 Sv Road Mumbai, Mumbai?

The IFSC Code is AUBL0002342.

Is the IFSC Code AUBL0002342 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Au Small Finance Bank Limited Sv Road Mumbai?

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

What is the full address of the Sv Road Mumbai branch?

The address of the branch is Shop No 8-12, Ground Floor, Madina Manzil Building, Sv Road located in Mumbai, Mumbai, 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.

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