The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Uco Bank for its Panji Goa branch in Panjim, Panjim, Goa, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Uco Bank located in Panjim or anywhere in Goa can transfer funds instantly by using the correct IFSC Code UCBA0000197. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Uco Bank, Panji Goa, Panjim
The table below shows the main details of the IFSC Code UCBA0000197 for the Uco Bank branch in Panjim, which falls under the Panjim district in Goa.
| Particulars | Details |
|---|---|
| Bank | Uco Bank |
| IFSC Code | UCBA0000197 |
| Branch | Panji Goa |
| City | Panjim |
| District | Panjim |
| State | Goa |
| Address | No 10, Govinda Bldm G Road 403000 |
These details are essential not only for online banking users but also for businesses and individuals who use Uco Bank in Panjim for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UCBA0000197 for the Panji Goa branch of Uco Bank plays an important role.
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 UCBA0000197 is given to every bank branch, including Uco Bank located in Panji Goa, Panjim, Goa, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Uco Bank branch in Panjim.
- 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 Panjim and Panjim.
- 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 Goa and the rest of India, which is why the IFSC Code ensures that transactions meant for Uco Bank in Panji Goa doesn't end up at another location.
Format of the IFSC Code UCBA0000197
The format of the IFSC Code for banks, including Uco Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Uco Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Panji Goa in Panjim.
For example, the IFSC Code UCBA0000197 of Uco Bank for the Panji Goa branch includes these elements, identifying the bank and the branch location in Panjim and Goa accurately.
How to Find IFSC Code for Uco Bank?
If you are looking for the IFSC Code UCBA0000197 of Uco Bank for its Panji Goa branch located in Panjim, the following methods can help:
Cheque Book
The cheque book that is issued by Uco Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Uco Bank branches in Panjim and Panjim, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Uco Bank and look for the branch locator section, then search for Panji Goa or Panjim to get the exact IFSC Code UCBA0000197.
Mobile Banking App
If you use Uco Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Uco Bank and Panjim, then it will provide you proper information.
How to Use IFSC Code UCBA0000197 for Online Transfers?
Once you have the IFSC Code UCBA0000197 for the Panji Goa branch of Uco Bank in Panjim, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UCBA0000197. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UCBA0000197.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Uco Bank Panji Goa in Panjim, 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 Uco Bank in Panji Goa, 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 Panjim to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UCBA0000197.
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 No 10, Govinda Bldm G Road 403000 located in Panjim, Panjim, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
