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 Uco Bank for its Basmat branch in Hingoli, Basmat, 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 Uco Bank situated in Hingoli or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UCBA0003473. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Uco Bank, Basmat, Hingoli

The table below shows the main details of the IFSC Code UCBA0003473 for the Uco Bank branch in Hingoli, which falls under the Basmat district in Maharashtra.

Particulars Details
Bank Uco Bank
IFSC Code UCBA0003473
Branch Basmat
City Hingoli
District Basmat
State Maharashtra
Address Basmat,Ground Floor,Gadgile Complex,Mondha Road ,Sarswati Colony,Basmat ,District-Hingoli,State -Maharastra,Pin-4310512

These details are essential not only for online banking users but also for businesses and individuals who use Uco Bank in Hingoli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UCBA0003473 for the Basmat branch of Uco Bank plays an 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 Basmat, Hingoli, Maharashtra, is provided a unique IFSC like UCBA0003473 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Uco Bank branch in Hingoli.
  • 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 Hingoli and Basmat.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Uco Bank in Basmat do not get misguided to another person.

Format of the IFSC Code UCBA0003473

The format of the IFSC Code for banks, including Uco Bank, has 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 Basmat in Hingoli.

For example, the IFSC Code UCBA0003473 of Uco Bank for the Basmat branch includes these elements, identifying the bank and the branch location in Hingoli and Maharashtra correctly.

How to Find IFSC Code for Uco Bank?

If you are trying to find the IFSC Code UCBA0003473 of Uco Bank for its Basmat branch located in Hingoli, the following methods can help:

Cheque Book

The cheque books that are issued by Uco Bank 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 Uco Bank branches in Hingoli and Basmat, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Uco Bank and find the branch locator section. Search for Basmat or Hingoli to get the exact IFSC Code UCBA0003473.

Mobile Banking App

If you use Uco Bank'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 Uco Bank and Hingoli that will provide accurate information.

How to Use IFSC Code UCBA0003473 for Online Transfers?

Once you have the IFSC Code UCBA0003473 for the Basmat branch of Uco Bank in Hingoli, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UCBA0003473. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Uco Bank IFSC Code UCBA0003473.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Uco Bank Basmat in Hingoli, it can result in delayed or failed transactions.

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 Uco Bank in Basmat, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hingoli to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Uco Bank in Basmat, Hingoli?

The IFSC Code is UCBA0003473.

Is the IFSC Code UCBA0003473 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 Uco Bank Basmat?

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 Basmat branch?

The address of the branch is Basmat,Ground Floor,Gadgile Complex,Mondha Road ,Sarswati Colony,Basmat ,District-Hingoli,State -Maharastra,Pin-4310512 located in Hingoli, Basmat, 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.