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 Latur branch in Latur, Latur, Maharashtra, 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 Latur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UJVN0004493. 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, Latur, Latur

Here are the key points that are associated with the IFSC Code UJVN0004493 of Ujjivan Small Finance Bank Limited for its branch located in Latur, within the district of Latur in the state of Maharashtra.

Particulars Details
Bank Ujjivan Small Finance Bank Limited
IFSC Code UJVN0004493
Branch Latur
City Latur
District Latur
State Maharashtra
Address Mayur Opp Hanuman Mandir,Barshi Road,Latur 413531

These details are essential not only for online banking users but also for businesses and individuals who use Ujjivan Small Finance Bank Limited in Latur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0004493 for the Latur branch of Ujjivan Small Finance Bank Limited plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Ujjivan Small Finance Bank Limited located in Latur, Latur, Maharashtra, is provided a unique IFSC like UJVN0004493 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Ujjivan Small Finance Bank Limited branch in Latur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Latur and Latur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Latur do not get misguided to another person.

Format of the IFSC Code UJVN0004493

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 Latur in Latur.

For example, the IFSC Code UJVN0004493 of Ujjivan Small Finance Bank Limited for the Latur branch includes these elements, identifying the bank and the branch location in Latur and Maharashtra accurately.

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

If you are trying to find the IFSC Code UJVN0004493 of Ujjivan Small Finance Bank Limited for its Latur branch located in Latur, 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 Latur and Latur, 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 Latur or Latur to get the exact IFSC Code UJVN0004493.

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 Latur that will provide accurate information.

How to Use IFSC Code UJVN0004493 for Online Transfers?

Once you have the IFSC Code UJVN0004493 for the Latur branch of Ujjivan Small Finance Bank Limited in Latur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UJVN0004493. 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 UJVN0004493.

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 Latur in Latur, 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 Latur, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Latur 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 in Latur, Latur?

The IFSC Code is UJVN0004493.

Is the IFSC Code UJVN0004493 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 Latur?

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 Latur branch?

The address of the branch is Mayur Opp Hanuman Mandir,Barshi Road,Latur 413531 located in Latur, Latur, Maharashtra.

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.