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 Shyagale branch in Davanagere, Davanagere, or Karnataka, 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 Davanagere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code UJVN0001687. 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, Shyagale, Davanagere

Here are the main details that are associated with the IFSC Code UJVN0001687 of Ujjivan Small Finance Bank Limited for its branch located in Davanagere, within the district of Davanagere in the state of Karnataka.

Particulars Details
Bank Ujjivan Small Finance Bank Limited
IFSC Code UJVN0001687
Branch Shyagale
City Davanagere
District Davanagere
State Karnataka
Address Survey No.244/3P1 And R.S.No 244/3 Shyagale Village,Mayakonda Hobli Davangere Taluk,Davangere 577002 Davanagere Davanagere Karnataka

These details helps users in online banking and for businesses and individuals who use Ujjivan Small Finance Bank Limited in Davanagere for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0001687 for the Shyagale branch of Ujjivan Small Finance Bank Limited plays a vital role.

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, along with Ujjivan Small Finance Bank Limited located in Shyagale, Davanagere, Karnataka, are given a unique IFSC like UJVN0001687 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Davanagere.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Davanagere and Davanagere.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Ujjivan Small Finance Bank Limited in Shyagale goes to the correct branch. This is important because Ujjivan Small Finance Bank Limited has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UJVN0001687

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 Shyagale in Davanagere.

For example, the IFSC Code UJVN0001687 of Ujjivan Small Finance Bank Limited for the Shyagale branch includes these elements, identifying the bank and the branch location in Davanagere and Karnataka accurately.

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

If you are trying to find the IFSC Code UJVN0001687 of Ujjivan Small Finance Bank Limited for its Shyagale branch located in Davanagere, 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

Most banks, including Ujjivan Small Finance Bank Limited branches in Davanagere and Davanagere, print the IFSC and MICR codes 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 Shyagale or Davanagere to get the exact IFSC Code UJVN0001687.

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 Davanagere, you'll get the correct details.

How to Use IFSC Code UJVN0001687 for Online Transfers?

Once you have the IFSC Code UJVN0001687 for the Shyagale branch of Ujjivan Small Finance Bank Limited in Davanagere, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UJVN0001687. 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 Ujjivan Small Finance Bank Limited IFSC Code UJVN0001687.

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 Shyagale in Davanagere, 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 Ujjivan Small Finance Bank Limited in Shyagale, 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 Davanagere to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Ujjivan Small Finance Bank Limited in Shyagale, Davanagere?

The IFSC Code is UJVN0001687.

Is the IFSC Code UJVN0001687 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Ujjivan Small Finance Bank Limited Shyagale?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shyagale branch?

The address of the branch is Survey No.244/3P1 And R.S.No 244/3 Shyagale Village,Mayakonda Hobli Davangere Taluk,Davangere 577002 Davanagere Davanagere Karnataka located in Davanagere, Davanagere, Karnataka.

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.