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 Sanawad branch in Khargone, Khargone, Madhya Pradesh, 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 Khargone or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UJVN0002298. 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, Sanawad, Khargone
Here are the main details that are associated with the IFSC Code UJVN0002298 of Ujjivan Small Finance Bank Limited for its branch located in Khargone, within the district of Khargone in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Ujjivan Small Finance Bank Limited |
| IFSC Code | UJVN0002298 |
| Branch | Sanawad |
| City | Khargone |
| District | Khargone |
| State | Madhya Pradesh |
| Address | Ground Floor,Property Survey No.532/5,Sanawad Block Barwaha,Tehsil Barwaha,Khargone,Madhya Pradesh -451111 |
These details help users in online banking and for businesses and individuals who use Ujjivan Small Finance Bank Limited in Khargone for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0002298 for the Sanawad branch of Ujjivan Small Finance Bank Limited has a very important 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, including Ujjivan Small Finance Bank Limited located in Sanawad, Khargone, Madhya Pradesh, is provided with a unique IFSC like UJVN0002298 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 Khargone.
- 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 Khargone and Khargone.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Sanawad do not get mixed with another location.
Format of the IFSC Code UJVN0002298
The format of the IFSC Code for banks, including Ujjivan Small Finance Bank Limited, follows 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 Sanawad in Khargone.
For example, the IFSC Code UJVN0002298 of Ujjivan Small Finance Bank Limited for the Sanawad branch includes these elements, identifying the bank and the branch location in Khargone and Madhya Pradesh accurately.
How to Find IFSC Code for Ujjivan Small Finance Bank Limited?
If you are trying to find the IFSC Code UJVN0002298 of Ujjivan Small Finance Bank Limited for its Sanawad branch located in Khargone, the following methods can help:
Cheque Book
The cheque books that are issued by Ujjivan Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Ujjivan Small Finance Bank Limited branches in Khargone and Khargone, 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 find the branch locator section. Search for Sanawad or Khargone to get the exact IFSC Code UJVN0002298.
Mobile Banking App
If you use Ujjivan Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for Ujjivan Small Finance Bank Limited and Khargone that will provide accurate information.
How to Use IFSC Code UJVN0002298 for Online Transfers?
Once you have the IFSC Code UJVN0002298 for the Sanawad branch of Ujjivan Small Finance Bank Limited in Khargone, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UJVN0002298. Transfers are processed in batches. This is 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. Requires the recipient's account details and Ujjivan Small Finance Bank Limited IFSC Code UJVN0002298.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Ujjivan Small Finance Bank Limited Sanawad in Khargone 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 Sanawad, 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 Khargone to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UJVN0002298.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Property Survey No.532/5,Sanawad Block Barwaha,Tehsil Barwaha,Khargone,Madhya Pradesh -451111 located in Khargone, Khargone, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.