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 Salem branch in Salem, Salem, Tamil Nadu, 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 Salem or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code UJVN0001726. 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, Salem, Salem
Here are the key points that are associated with the IFSC Code UJVN0001726 of Ujjivan Small Finance Bank Limited for its branch located in Salem, within the district of Salem in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Ujjivan Small Finance Bank Limited |
| IFSC Code | UJVN0001726 |
| Branch | Salem |
| City | Salem |
| District | Salem |
| State | Tamil Nadu |
| Address | 369-3,Rathna Arcade,Five Roads,Meyyanur,Salem,636004 |
These details help users in online banking and for businesses and individuals who use Ujjivan Small Finance Bank Limited in Salem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0001726 for the Salem 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, 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 Salem, Salem, Tamil Nadu, is provided a unique IFSC like UJVN0001726 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 Salem.
- 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 Salem and Salem.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Ujjivan Small Finance Bank Limited in Salem do not get misguided to another person.
Format of the IFSC Code UJVN0001726
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): These represent the bank code. In Ujjivan Small Finance Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Salem in Salem.
For example, the IFSC Code UJVN0001726 of Ujjivan Small Finance Bank Limited for the Salem branch has these elements, identifying the bank and the branch location in Salem and Tamil Nadu correctly.
How to Find IFSC Code for Ujjivan Small Finance Bank Limited?
If you are looking for the IFSC Code UJVN0001726 of Ujjivan Small Finance Bank Limited for its Salem branch located in Salem, 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 Salem and Salem, 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 Salem or Salem to get the exact IFSC Code UJVN0001726.
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 Salem, then it will provide you proper information.
How to Use IFSC Code UJVN0001726 for Online Transfers?
Once you have the IFSC Code UJVN0001726 for the Salem branch of Ujjivan Small Finance Bank Limited in Salem, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UJVN0001726. 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 UJVN0001726.
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 Salem in Salem 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 Salem, 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 Salem to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UJVN0001726.
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 369-3,Rathna Arcade,Five Roads,Meyyanur,Salem,636004 located in Salem, Salem, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.