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 Modasa branch in Modasa, Modasa, Gujarat, 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 Modasa or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UJVN0004524. 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, Modasa, Modasa

Here are some of the key details that come with the IFSC Code UJVN0004524 of Ujjivan Small Finance Bank Limited for its branch located in Modasa, within the district of Modasa in the state of Gujarat.

Particulars Details
Bank Ujjivan Small Finance Bank Limited
IFSC Code UJVN0004524
Branch Modasa
City Modasa
District Modasa
State Gujarat
Address 12-B,Krushnakunj Society,1St Floor Malpur Road,Above Muthoot Finance,Aravalli,Modasa,Gujarat-383315

These details are essential not only for online banking users but also for businesses and individuals who use Ujjivan Small Finance Bank Limited in Modasa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0004524 for the Modasa 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UJVN0004524 is given to every bank branch, including Ujjivan Small Finance Bank Limited located in Modasa, Modasa, Gujarat, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Ujjivan Small Finance Bank Limited branch in Modasa.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Modasa and Modasa.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Modasa doesn't end up at another location.

Format of the IFSC Code UJVN0004524

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 Modasa in Modasa.

For example, the IFSC Code UJVN0004524 of Ujjivan Small Finance Bank Limited for the Modasa branch includes these elements, identifying the bank and the branch location in Modasa and Gujarat accurately.

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

If you are looking for the IFSC Code UJVN0004524 of Ujjivan Small Finance Bank Limited for its Modasa branch located in Modasa, the following methods can help:

Cheque Book

The cheque book that is issued by Ujjivan Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Ujjivan Small Finance Bank Limited branches in Modasa and Modasa, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Ujjivan Small Finance Bank Limited and look for the branch locator section, then search for Modasa or Modasa to get the exact IFSC Code UJVN0004524.

Mobile Banking App

If you use Ujjivan Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Ujjivan Small Finance Bank Limited and Modasa, then it will provide you proper information.

How to Use IFSC Code UJVN0004524 for Online Transfers?

Once you have the IFSC Code UJVN0004524 for the Modasa branch of Ujjivan Small Finance Bank Limited in Modasa, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UJVN0004524. 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 UJVN0004524.

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 Modasa in Modasa 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 Modasa, 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 Modasa 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 Modasa Modasa?

The IFSC Code of the Modasa Modasa branch is UJVN0004524.

Is IFSC Code UJVN0004524 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Ujjivan Small Finance Bank Limited Modasa branch?

The branch is located at 12-B,Krushnakunj Society,1St Floor Malpur Road,Above Muthoot Finance,Aravalli,Modasa,Gujarat-383315.

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.