IFSC Code of Ujjivan Small Finance Bank Limited, Magadi Road, Bengaluru, Karnataka- UJVN0001105

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 Ujjivan Small Finance Bank Limited for its Magadi Road branch in Bengaluru, Bengaluru, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Ujjivan Small Finance Bank Limited located in Bengaluru or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UJVN0001105. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Ujjivan Small Finance Bank Limited, Magadi Road, Bengaluru

Here are the main details that are associated with the IFSC Code UJVN0001105 of Ujjivan Small Finance Bank Limited for its branch located in Bengaluru, within the district of Bengaluru in the state of Karnataka.

These details are important not only for users using online banking but also for businesses and individuals who use Ujjivan Small Finance Bank Limited in Bengaluru for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UJVN0001105 for the Magadi Road branch of Ujjivan Small Finance Bank Limited is vital.

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 UJVN0001105 is given to every bank branch, including Ujjivan Small Finance Bank Limited located in Magadi Road, Bengaluru, Karnataka, 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 Bengaluru.
• 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 Bengaluru and Bengaluru.
• 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Magadi Road doesn't end up at another location.

Format of the IFSC Code UJVN0001105

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 Magadi Road in Bengaluru.

For example, the IFSC Code UJVN0001105 of Ujjivan Small Finance Bank Limited for the Magadi Road branch includes these elements, identifying the bank and the branch location in Bengaluru and Karnataka accurately.

How to Find IFSC Code for Ujjivan Small Finance Bank Limited?

To find the IFSC Code UJVN0001105 of Ujjivan Small Finance Bank Limited for its Magadi Road branch located in Bengaluru, the following methods can help you out:

Cheque Book

The cheque book issued by Ujjivan Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Ujjivan Small Finance Bank Limited branches in Bengaluru and Bengaluru, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Ujjivan Small Finance Bank Limited and go to the branch locator section. Then search for Magadi Road or Bengaluru to find the exact IFSC Code UJVN0001105.

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 maintains an updated database of all IFSC codes. Searching for Ujjivan Small Finance Bank Limited and Bengaluru will provide accurate information.

How to Use IFSC Code UJVN0001105 for Online Transfers?

Once you have the IFSC Code UJVN0001105 for the Magadi Road branch of Ujjivan Small Finance Bank Limited in Bengaluru, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UJVN0001105. 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 Ujjivan Small Finance Bank Limited IFSC Code UJVN0001105.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Ujjivan Small Finance Bank Limited Magadi Road in Bengaluru, it can 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 Ujjivan Small Finance Bank Limited in Magadi Road, 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 Ujjivan Small Finance Bank Limited website.
• Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Bengaluru manage their online transfers and cheque clearances easily.