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 Uco Bank for its Chandel Bazar branch in Chandel, Chandel, Manipur, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Uco Bank located in Chandel or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code UCBA0002998. 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 Uco Bank, Chandel Bazar, Chandel
Here are the key points that are associated with the IFSC Code UCBA0002998 of Uco Bank for its branch located in Chandel, within the district of Chandel in the state of Manipur.
| Particulars | Details |
|---|---|
| Bank | Uco Bank |
| IFSC Code | UCBA0002998 |
| Branch | Chandel Bazar |
| City | Chandel |
| District | Chandel |
| State | Manipur |
| Address | Uco Bank, Chandel Branch 2998 Japhou Bazar Chandel ,Chandel ,Manipur Pin 795127 |
These details help users in online banking and for businesses and individuals who use Uco Bank in Chandel for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UCBA0002998 for the Chandel Bazar branch of Uco Bank 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 Uco Bank located in Chandel Bazar, Chandel, Manipur, is provided a unique IFSC like UCBA0002998 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Uco Bank branch in Chandel.
- 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 Chandel and Chandel.
- 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 Manipur and the rest of India, the IFSC Code ensures that transactions meant for Uco Bank in Chandel Bazar do not get misguided to another person.
Format of the IFSC Code UCBA0002998
The format of the IFSC Code for banks, including Uco Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Uco Bank, 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 Chandel Bazar in Chandel.
For example, the IFSC Code UCBA0002998 of Uco Bank for the Chandel Bazar branch includes these elements, identifying the bank and the branch location in Chandel and Manipur accurately.
How to Find IFSC Code for Uco Bank?
To find the IFSC Code UCBA0002998 of Uco Bank for its Chandel Bazar branch located in Chandel, the following methods can help you out:
Cheque Book
The cheque book issued by Uco Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Uco Bank branches in Chandel and Chandel, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Uco Bank and go to the branch locator section. Then search for Chandel Bazar or Chandel to find the exact IFSC Code UCBA0002998.
Mobile Banking App
If you use Uco Bank's mobile app, you can 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. Searching for Uco Bank and Chandel will provide accurate information.
How to Use IFSC Code UCBA0002998 for Online Transfers?
If you have the IFSC Code UCBA0002998 for the Chandel Bazar branch of Uco Bank in Chandel, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UCBA0002998. 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 Uco Bank IFSC Code UCBA0002998.
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 Uco Bank Chandel Bazar in Chandel, it 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 Uco Bank in Chandel Bazar, 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 Uco Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Chandel manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UCBA0002998.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Uco Bank, Chandel Branch 2998 Japhou Bazar Chandel ,Chandel ,Manipur Pin 795127 located in Chandel, Chandel, Manipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.