Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Ujjivan Small Finance Bank Limited for its Chas branch in Bokaro, Chas, or Jharkhand, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Ujjivan Small Finance Bank Limited located in Bokaro or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UJVN0003362. You should definitely 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, Chas, Bokaro

Here are some of the key details that come with the IFSC Code UJVN0003362 of Ujjivan Small Finance Bank Limited for its branch located in Bokaro, within the district of Chas in the state of Jharkhand.

Particulars Details
Bank Ujjivan Small Finance Bank Limited
IFSC Code UJVN0003362
Branch Chas
City Bokaro
District Chas
State Jharkhand
Address Hotel Naresh Building,Bye Pass Road,P.O.Chas,P.S.Chas ( M),Bokaro Steel City,Bokaro,Jharkhand -827013

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 Bokaro for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UJVN0003362 for the Chas 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 provided by the Reserve Bank of India. Every bank branch, including Ujjivan Small Finance Bank Limited located in Chas, Bokaro, Jharkhand, is provided with a unique IFSC like UJVN0003362 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Ujjivan Small Finance Bank Limited branch in Bokaro.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Bokaro and Chas.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Chas do not get mixed with another location.

Format of the IFSC Code UJVN0003362

The format of the IFSC Code for banks, including Ujjivan Small Finance Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Ujjivan Small Finance Bank Limited, 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 Chas in Bokaro.

For example, the IFSC Code UJVN0003362 of Ujjivan Small Finance Bank Limited for the Chas branch includes these elements, identifying the bank and the branch location in Bokaro and Jharkhand correctly.

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

To find the IFSC Code UJVN0003362 of Ujjivan Small Finance Bank Limited for its Chas branch located in Bokaro, 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 Bokaro and Chas, 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 Chas or Bokaro to find the exact IFSC Code UJVN0003362.

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 Bokaro will provide accurate information.

How to Use IFSC Code UJVN0003362 for Online Transfers?

Once you have the IFSC Code UJVN0003362 for the Chas branch of Ujjivan Small Finance Bank Limited in Bokaro, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UJVN0003362. 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 Ujjivan Small Finance Bank Limited IFSC Code UJVN0003362.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Ujjivan Small Finance Bank Limited Chas in Bokaro, 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 Ujjivan Small Finance Bank Limited in Chas, 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 Ujjivan Small Finance Bank Limited website.
  • Search the RBI portal.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Ujjivan Small Finance Bank Limited Chas Bokaro?

The IFSC Code of the Chas Bokaro branch is UJVN0003362.

Is IFSC Code UJVN0003362 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 Ujjivan Small Finance Bank Limited Chas branch?

The branch is located at Hotel Naresh Building,Bye Pass Road,P.O.Chas,P.S.Chas ( M),Bokaro Steel City,Bokaro,Jharkhand -827013.

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.