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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Ujjivan Small Finance Bank Limited for its Sathyamangalam branch in Erode, Erode, Tamil Nadu, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Ujjivan Small Finance Bank Limited located in Erode or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UJVN0001198. 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, Sathyamangalam, Erode

Here are the key points that are associated with the IFSC Code UJVN0001198 of Ujjivan Small Finance Bank Limited for its branch located in Erode, within the district of Erode in the state of Tamil Nadu.

Particulars Details
Bank Ujjivan Small Finance Bank Limited
IFSC Code UJVN0001198
Branch Sathyamangalam
City Erode
District Erode
State Tamil Nadu
Address Property No.19,Natham Sf No.418/1,Ward No.22,Ground Floor,Situated At Venugopalasamy Kovil Street,Sathyamangalam Village And Taluk,Sathayamangalam Town,Erode Dist638401

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 Erode for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UJVN0001198 for the Sathyamangalam 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, along with Ujjivan Small Finance Bank Limited located in Sathyamangalam, Erode, Tamil Nadu, are given a unique IFSC like UJVN0001198 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Erode.
  • 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 Erode and Erode.
  • 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 Sathyamangalam goes to the correct branch. This is important because Ujjivan Small Finance Bank Limited has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UJVN0001198

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 Sathyamangalam in Erode.

For example, the IFSC Code UJVN0001198 of Ujjivan Small Finance Bank Limited for the Sathyamangalam branch includes these elements, identifying the bank and the branch location in Erode and Tamil Nadu accurately.

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

To find the IFSC Code UJVN0001198 of Ujjivan Small Finance Bank Limited for its Sathyamangalam branch located in Erode, 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 Erode and Erode, 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 Sathyamangalam or Erode to find the exact IFSC Code UJVN0001198.

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 Erode will provide accurate information.

How to Use IFSC Code UJVN0001198 for Online Transfers?

Once you have the IFSC Code UJVN0001198 for the Sathyamangalam branch of Ujjivan Small Finance Bank Limited in Erode, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UJVN0001198. 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 UJVN0001198.

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 Sathyamangalam in Erode, 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 Sathyamangalam, 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 Erode 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 Sathyamangalam, Erode?

The IFSC Code is UJVN0001198.

Is the IFSC Code UJVN0001198 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 Sathyamangalam?

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 Sathyamangalam branch?

The address of the branch is Property No.19,Natham Sf No.418/1,Ward No.22,Ground Floor,Situated At Venugopalasamy Kovil Street,Sathyamangalam Village And Taluk,Sathayamangalam Town,Erode Dist638401 located in Erode, Erode, Tamil Nadu.

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.