There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Ujjivan Small Finance Bank Limited for its Maddur branch in Mandya, Maddur, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Ujjivan Small Finance Bank Limited situated in Mandya or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code UJVN0001117. You should 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, Maddur, Mandya
Here are the key points that are associated with the IFSC Code UJVN0001117 of Ujjivan Small Finance Bank Limited for its branch located in Mandya, within the district of Maddur in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Ujjivan Small Finance Bank Limited |
| IFSC Code | UJVN0001117 |
| Branch | Maddur |
| City | Mandya |
| District | Maddur |
| State | Karnataka |
| Address | No.1518/1450,Near Sanjaya Talkies Maddur Mandya 571429 Karnataka |
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 Mandya for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UJVN0001117 for the Maddur 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 Maddur, Mandya, Karnataka, is provided with a unique IFSC like UJVN0001117 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 Mandya.
- 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 Mandya and Maddur.
- 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Maddur do not get mixed with another location.
Format of the IFSC Code UJVN0001117
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 Maddur in Mandya.
For example, the IFSC Code UJVN0001117 of Ujjivan Small Finance Bank Limited for the Maddur branch includes these elements, identifying the bank and the branch location in Mandya and Karnataka accurately.
How to Find IFSC Code for Ujjivan Small Finance Bank Limited?
If you are trying to find the IFSC Code UJVN0001117 of Ujjivan Small Finance Bank Limited for its Maddur branch located in Mandya, 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 Mandya and Maddur, 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 Maddur or Mandya to get the exact IFSC Code UJVN0001117.
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 Mandya, you'll get the correct details.
How to Use IFSC Code UJVN0001117 for Online Transfers?
Once you have the IFSC Code UJVN0001117 for the Maddur branch of Ujjivan Small Finance Bank Limited in Mandya, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UJVN0001117. 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 UJVN0001117.
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 Maddur in Mandya, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Ujjivan Small Finance Bank Limited in Maddur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Mandya manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UJVN0001117.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is No.1518/1450,Near Sanjaya Talkies Maddur Mandya 571429 Karnataka located in Mandya, Maddur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.