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 Yavatmal branch in Yavatmal, Yavatmal, or Maharashtra, 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 Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code AUBL0002372. 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, Yavatmal, Yavatmal
Here are some of the key details that come with the IFSC Code AUBL0002372 of Au Small Finance Bank Limited for its branch located in Yavatmal, within the district of Yavatmal in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Au Small Finance Bank Limited |
| IFSC Code | AUBL0002372 |
| Branch | Yavatmal |
| City | Yavatmal |
| District | Yavatmal |
| State | Maharashtra |
| Address | Block No -3 ,Nazul Sheet No 47A, Mittal Agencies ,Opp Timber Bhavan, Sq Dhamangaon Road |
These details are important not only for users using online banking but also for businesses and individuals who use Au Small Finance Bank Limited in Yavatmal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code AUBL0002372 for the Yavatmal branch of Au Small Finance Bank Limited is vital.
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 AUBL0002372 is given to every bank branch, including Au Small Finance Bank Limited located in Yavatmal, Yavatmal, Maharashtra, 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 Yavatmal.
- 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 Yavatmal and Yavatmal.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Au Small Finance Bank Limited in Yavatmal doesn't end up at another location.
Format of the IFSC Code AUBL0002372
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 Yavatmal in Yavatmal.
For example, the IFSC Code AUBL0002372 of Au Small Finance Bank Limited for the Yavatmal branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra accurately.
How to Find IFSC Code for Au Small Finance Bank Limited?
If you are trying to find the IFSC Code AUBL0002372 of Au Small Finance Bank Limited for its Yavatmal branch located in Yavatmal, 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 Yavatmal and Yavatmal, 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 Yavatmal or Yavatmal to get the exact IFSC Code AUBL0002372.
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 Yavatmal, you'll get the correct details.
How to Use IFSC Code AUBL0002372 for Online Transfers?
Once you have the IFSC Code AUBL0002372 for the Yavatmal branch of Au Small Finance Bank Limited in Yavatmal, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code AUBL0002372. Transfers are processed in batches. This is 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. Requires the recipient's account details and Au Small Finance Bank Limited IFSC Code AUBL0002372.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Au Small Finance Bank Limited Yavatmal in Yavatmal may result in delayed or failed transactions.
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 Yavatmal, 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 Yavatmal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Yavatmal Yavatmal branch is AUBL0002372.
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 Block No -3 ,Nazul Sheet No 47A, Mittal Agencies ,Opp Timber Bhavan, Sq Dhamangaon Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.