For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Uco Bank for its Borim branch in North Goa, Borim, Goa, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Uco Bank located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code UCBA0002852. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Uco Bank, Borim, North Goa

Here are some of the key details that come with the IFSC Code UCBA0002852 of Uco Bank for its branch located in North Goa, within the district of Borim in the state of Goa.

Particulars Details
Bank Uco Bank
IFSC Code UCBA0002852
Branch Borim
City North Goa
District Borim
State Goa
Address Esparanca Building Ii Shop No 4 And 5 Ground Floor Opp Top Cola Factory Borim Ponda Goa Borim Ponda Goa ,North Goa ,Goa Pin 403401

These details helps users in online banking and for businesses and individuals who use Uco Bank in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UCBA0002852 for the Borim branch of Uco Bank plays a vital 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 Borim, North Goa, Goa, is provided a unique IFSC like UCBA0002852 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code UCBA0002852

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 Borim in North Goa.

For example, the IFSC Code UCBA0002852 of Uco Bank for the Borim branch includes these elements, identifying the bank and the branch location in North Goa and Goa correctly.

How to Find IFSC Code for Uco Bank?

If you are trying to find the IFSC Code UCBA0002852 of Uco Bank for its Borim branch located in North Goa, 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 North Goa and Borim, 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 Borim or North Goa to get the exact IFSC Code UCBA0002852.

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 North Goa that will provide accurate information.

How to Use IFSC Code UCBA0002852 for Online Transfers?

Once you have the IFSC Code UCBA0002852 for the Borim branch of Uco Bank in North Goa, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UCBA0002852. 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 Uco Bank IFSC Code UCBA0002852.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Uco Bank Borim in North Goa, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Uco Bank in Borim, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Uco Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in North Goa manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Uco Bank Borim North Goa?

The IFSC Code of the Borim North Goa branch is UCBA0002852.

Is IFSC Code UCBA0002852 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 Uco Bank Borim branch?

The branch is located at Esparanca Building Ii Shop No 4 And 5 Ground Floor Opp Top Cola Factory Borim Ponda Goa Borim Ponda Goa ,North Goa ,Goa Pin 403401.

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.