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 Ujjivan Small Finance Bank Limited for its Barwani branch in Barwani, Barwani, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Ujjivan Small Finance Bank Limited situated in Barwani or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code UJVN0002321. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Ujjivan Small Finance Bank Limited, Barwani, Barwani
Here are some of the key details that come with the IFSC Code UJVN0002321 of Ujjivan Small Finance Bank Limited for its branch located in Barwani, within the district of Barwani in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Ujjivan Small Finance Bank Limited |
| IFSC Code | UJVN0002321 |
| Branch | Barwani |
| City | Barwani |
| District | Barwani |
| State | Madhya Pradesh |
| Address | Ground Floor, House No.149-9 And 153-9,M.G. Road Barwani,Tehsil Barwani,Barwani,Madhya Pradesh-451551 |
These details are essential not only for online banking users but also for businesses and individuals who use Ujjivan Small Finance Bank Limited in Barwani for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0002321 for the Barwani branch of Ujjivan Small Finance Bank Limited 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 UJVN0002321 is given to every bank branch, including Ujjivan Small Finance Bank Limited located in Barwani, Barwani, Madhya Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Ujjivan Small Finance Bank Limited branch in Barwani.
- 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 Barwani and Barwani.
- 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Barwani doesn't end up at another location.
Format of the IFSC Code UJVN0002321
The format of the IFSC Code for banks, including Ujjivan Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Ujjivan Small Finance Bank Limited, 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 Barwani in Barwani.
For example, the IFSC Code UJVN0002321 of Ujjivan Small Finance Bank Limited for the Barwani branch includes these elements, identifying the bank and the branch location in Barwani and Madhya Pradesh accurately.
How to Find IFSC Code for Ujjivan Small Finance Bank Limited?
If you are trying to find the IFSC Code UJVN0002321 of Ujjivan Small Finance Bank Limited for its Barwani branch located in Barwani, the following methods can help:
Cheque Book
The cheque book issued by Ujjivan 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 Ujjivan Small Finance Bank Limited branches in Barwani and Barwani, print them on the first page of your passbook.
Bank Website
Visit the official website of Ujjivan Small Finance Bank Limited and navigate to the branch locator section. Search for Barwani or Barwani to get the exact IFSC Code UJVN0002321.
Mobile Banking App
If you use Ujjivan 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 Ujjivan Small Finance Bank Limited and Barwani, you'll get the correct details.
How to Use IFSC Code UJVN0002321 for Online Transfers?
If you have the IFSC Code UJVN0002321 for the Barwani branch of Ujjivan Small Finance Bank Limited in Barwani, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UJVN0002321. 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 Ujjivan Small Finance Bank Limited IFSC Code UJVN0002321.
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 Ujjivan Small Finance Bank Limited Barwani in Barwani, it may 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 Ujjivan Small Finance Bank Limited in Barwani, 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 Ujjivan Small Finance Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Barwani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UJVN0002321.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, House No.149-9 And 153-9,M.G. Road Barwani,Tehsil Barwani,Barwani,Madhya Pradesh-451551 located in Barwani, Barwani, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.