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 Malviya Nagar branch in South Delhi, South Delhi, Delhi, 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 South Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code UJVN0002429. 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, Malviya Nagar, South Delhi

The table below shows the main details of the IFSC Code UJVN0002429 for the Ujjivan Small Finance Bank Limited branch in South Delhi, which falls under the South Delhi district in Delhi.

Particulars Details
Bank Ujjivan Small Finance Bank Limited
IFSC Code UJVN0002429
Branch Malviya Nagar
City South Delhi
District South Delhi
State Delhi
Address Ground Floor,House C-32 Malviya Nagar South Delhi,Delhi

These details helps users in online banking and for businesses and individuals who use Ujjivan Small Finance Bank Limited in South Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UJVN0002429 for the Malviya Nagar branch of Ujjivan Small Finance Bank Limited plays a vital 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, along with Ujjivan Small Finance Bank Limited located in Malviya Nagar, South Delhi, Delhi, are allotted a unique IFSC like UJVN0002429 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in South Delhi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like South Delhi and South Delhi.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Ujjivan Small Finance Bank Limited in Malviya Nagar reaches the right place, even though there are thousands of branches in Delhi and across India.

Format of the IFSC Code UJVN0002429

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 Malviya Nagar in South Delhi.

For example, the IFSC Code UJVN0002429 of Ujjivan Small Finance Bank Limited for the Malviya Nagar branch includes these elements, identifying the bank and the branch location in South Delhi and Delhi accurately.

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

If you are looking for the IFSC Code UJVN0002429 of Ujjivan Small Finance Bank Limited for its Malviya Nagar branch located in South Delhi, 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 South Delhi and South Delhi, 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 Malviya Nagar or South Delhi to get the exact IFSC Code UJVN0002429.

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 South Delhi, then it will provide you proper information.

How to Use IFSC Code UJVN0002429 for Online Transfers?

Once you have the IFSC Code UJVN0002429 for the Malviya Nagar branch of Ujjivan Small Finance Bank Limited in South Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UJVN0002429. 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 UJVN0002429.

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 Malviya Nagar in South Delhi may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Ujjivan Small Finance Bank Limited in Malviya Nagar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Ujjivan Small Finance Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in South Delhi 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 Malviya Nagar, South Delhi?

The IFSC Code is UJVN0002429.

Is the IFSC Code UJVN0002429 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Ujjivan Small Finance Bank Limited Malviya Nagar?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Malviya Nagar branch?

The address of the branch is Ground Floor,House C-32 Malviya Nagar South Delhi,Delhi located in South Delhi, South Delhi, Delhi.

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.