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 Unity Small Finance Bank Limited for its Sathilo branch in Mayurbhanj, Sathilo, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Unity Small Finance Bank Limited located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UNBA0001078. 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 Unity Small Finance Bank Limited, Sathilo, Mayurbhanj
Here are the main details that are associated with the IFSC Code UNBA0001078 of Unity Small Finance Bank Limited for its branch located in Mayurbhanj, within the district of Sathilo in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Unity Small Finance Bank Limited |
| IFSC Code | UNBA0001078 |
| Branch | Sathilo |
| City | Mayurbhanj |
| District | Sathilo |
| State | Odisha |
| Address | At-Sathilo,Plot No-379/304,Post-Betnoti,Dist-Mayurbhanj,Odisha,Pin-757001 |
These details are important not only for users using online banking but also for businesses and individuals who use Unity Small Finance Bank Limited in Mayurbhanj for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UNBA0001078 for the Sathilo branch of Unity 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, along with Unity Small Finance Bank Limited located in Sathilo, Mayurbhanj, Odisha, are given a unique IFSC like UNBA0001078 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mayurbhanj.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mayurbhanj and Sathilo.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Unity Small Finance Bank Limited in Sathilo goes to the correct branch. This is important because Unity Small Finance Bank Limited has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UNBA0001078
This is the format of the IFSC Code for banks, including Unity Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Unity Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sathilo in Mayurbhanj.
For example, the IFSC Code UNBA0001078 of Unity Small Finance Bank Limited for the Sathilo branch includes these elements, identifying the bank and the branch location in Mayurbhanj and Odisha accurately.
How to Find IFSC Code for Unity Small Finance Bank Limited?
To find the IFSC Code UNBA0001078 of Unity Small Finance Bank Limited for its Sathilo branch located in Mayurbhanj, the following methods can help you out:
Cheque Book
The cheque book issued by Unity Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Unity Small Finance Bank Limited branches in Mayurbhanj and Sathilo, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Unity Small Finance Bank Limited and go to the branch locator section. Then search for Sathilo or Mayurbhanj to find the exact IFSC Code UNBA0001078.
Mobile Banking App
If you use Unity 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 maintains an updated database of all IFSC codes. Searching for Unity Small Finance Bank Limited and Mayurbhanj will provide accurate information.
How to Use IFSC Code UNBA0001078 for Online Transfers?
If you have the IFSC Code UNBA0001078 for the Sathilo branch of Unity Small Finance Bank Limited in Mayurbhanj, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UNBA0001078. Transfers are processed in batches. 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. Asks for the recipient's account details and Unity Small Finance Bank Limited IFSC Code UNBA0001078.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Unity Small Finance Bank Limited Sathilo in Mayurbhanj, it 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 Unity Small Finance Bank Limited in Sathilo, 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 Unity Small Finance Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Mayurbhanj manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UNBA0001078.
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 At-Sathilo,Plot No-379/304,Post-Betnoti,Dist-Mayurbhanj,Odisha,Pin-757001 located in Mayurbhanj, Sathilo, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.