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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Au Small Finance Bank Limited for its Model Town branch in North Delhi, Model Town, or Delhi, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Au Small Finance Bank Limited located in North Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code AUBL0004222. 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, Model Town, North Delhi

Here are some of the key details that come with the IFSC Code AUBL0004222 of Au Small Finance Bank Limited for its branch located in North Delhi, within the district of Model Town in the state of Delhi.

Particulars Details
Bank Au Small Finance Bank Limited
IFSC Code AUBL0004222
Branch Model Town
City North Delhi
District Model Town
State Delhi
Address Ground Floor,B-16,Derawal Nagar,Model Town,New Delhi-110009

These details are essential not only for online banking users but also for businesses and individuals who use Au Small Finance Bank Limited in North Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0004222 for the Model Town 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 that is provided by the Reserve Bank of India. A unique IFSC like AUBL0004222 is given to every bank branch, including Au Small Finance Bank Limited located in Model Town, North Delhi, Delhi, 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 North Delhi.
  • 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 North Delhi and Model Town.
  • 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 Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Au Small Finance Bank Limited in Model Town doesn't end up at another location.

Format of the IFSC Code AUBL0004222

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 Model Town in North Delhi.

For example, the IFSC Code AUBL0004222 of Au Small Finance Bank Limited for the Model Town branch includes these elements, identifying the bank and the branch location in North Delhi and Delhi accurately.

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

If you are trying to find the IFSC Code AUBL0004222 of Au Small Finance Bank Limited for its Model Town branch located in North Delhi, 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 North Delhi and Model Town, 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 Model Town or North Delhi to get the exact IFSC Code AUBL0004222.

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 North Delhi that will provide accurate information.

How to Use IFSC Code AUBL0004222 for Online Transfers?

Once you have the IFSC Code AUBL0004222 for the Model Town branch of Au Small Finance Bank Limited in North Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code AUBL0004222. 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 AUBL0004222.

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 Model Town in North Delhi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Au Small Finance Bank Limited in Model Town, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in North Delhi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Au Small Finance Bank Limited Model Town North Delhi?

The IFSC Code of the Model Town North Delhi branch is AUBL0004222.

Is IFSC Code AUBL0004222 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Au Small Finance Bank Limited Model Town branch?

The branch is located at Ground Floor,B-16,Derawal Nagar,Model Town,New Delhi-110009.

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.