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 Khargone branch in West Nimar, West Nimar, Madhya Pradesh, 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 West Nimar or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code AUBL0002316. 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, Khargone, West Nimar

Below in the table are the key details related to IFSC Code AUBL0002316 of Au Small Finance Bank Limited for its branch located in West Nimar, within the district of West Nimar in the state of Madhya Pradesh.

Particulars Details
Bank Au Small Finance Bank Limited
IFSC Code AUBL0002316
Branch Khargone
City West Nimar
District West Nimar
State Madhya Pradesh
Address Shop No. C-11,Radha Vallabh Market, Ward No 9

These details help users in online banking and for businesses and individuals who use Au Small Finance Bank Limited in West Nimar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AUBL0002316 for the Khargone branch of Au Small Finance Bank Limited has a very 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 Khargone, West Nimar, Madhya Pradesh, is provided a unique IFSC like AUBL0002316 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 West Nimar.
  • 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 West Nimar and West Nimar.
  • 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Au Small Finance Bank Limited in Khargone do not get misguided to another person.

Format of the IFSC Code AUBL0002316

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 Khargone in West Nimar.

For example, the IFSC Code AUBL0002316 of Au Small Finance Bank Limited for the Khargone branch includes these elements, identifying the bank and the branch location in West Nimar and Madhya Pradesh correctly.

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

If you are trying to find the IFSC Code AUBL0002316 of Au Small Finance Bank Limited for its Khargone branch located in West Nimar, 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

Most banks, including Au Small Finance Bank Limited branches in West Nimar and West Nimar, print the IFSC and MICR codes 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 Khargone or West Nimar to get the exact IFSC Code AUBL0002316.

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 West Nimar, you'll get the correct details.

How to Use IFSC Code AUBL0002316 for Online Transfers?

Once you have the IFSC Code AUBL0002316 for the Khargone branch of Au Small Finance Bank Limited in West Nimar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code AUBL0002316. 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 AUBL0002316.

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 Khargone in West Nimar, 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 Khargone, 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 West Nimar 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 Khargone, West Nimar?

The IFSC Code is AUBL0002316.

Is the IFSC Code AUBL0002316 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 Khargone?

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 Khargone branch?

The address of the branch is Shop No. C-11,Radha Vallabh Market, Ward No 9 located in West Nimar, West Nimar, Madhya Pradesh.

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.