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 Unity Small Finance Bank Limited for its Vesu branch in Surat, Surat, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Unity Small Finance Bank Limited located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UNBA0000517. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Unity Small Finance Bank Limited, Vesu, Surat
Here are the key points that are associated with the IFSC Code UNBA0000517 of Unity Small Finance Bank Limited for its branch located in Surat, within the district of Surat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Unity Small Finance Bank Limited |
| IFSC Code | UNBA0000517 |
| Branch | Vesu |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Shop No G3 And G4, Ground Floor,Galloping Corridor,Canal Road,Vesu,Surat,Gujrat-395007 |
These details helps users in online banking and for businesses and individuals who use Unity Small Finance Bank Limited in Surat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UNBA0000517 for the Vesu branch of Unity Small Finance Bank Limited plays a vital 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 Unity Small Finance Bank Limited located in Vesu, Surat, Gujarat, is provided a unique IFSC like UNBA0000517 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Unity Small Finance Bank Limited branch in Surat.
- 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 Surat and Surat.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Unity Small Finance Bank Limited in Vesu do not get misguided to another person.
Format of the IFSC Code UNBA0000517
The format of the IFSC Code for banks, including Unity Small Finance Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Unity 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 Vesu in Surat.
For example, the IFSC Code UNBA0000517 of Unity Small Finance Bank Limited for the Vesu branch includes these elements, identifying the bank and the branch location in Surat and Gujarat correctly.
How to Find IFSC Code for Unity Small Finance Bank Limited?
If you are trying to find the IFSC Code UNBA0000517 of Unity Small Finance Bank Limited for its Vesu branch located in Surat, the following methods can help:
Cheque Book
The cheque book issued by Unity Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Unity Small Finance Bank Limited branches in Surat and Surat, print them on the first page of your passbook.
Bank Website
Visit the official website of Unity Small Finance Bank Limited and navigate to the branch locator section. Search for Vesu or Surat to get the exact IFSC Code UNBA0000517.
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 keeps an updated list of all IFSC codes. If you search for Unity Small Finance Bank Limited and Surat, you'll get the correct details.
How to Use IFSC Code UNBA0000517 for Online Transfers?
Once you have the IFSC Code UNBA0000517 for the Vesu branch of Unity Small Finance Bank Limited in Surat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UNBA0000517. 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 Unity Small Finance Bank Limited IFSC Code UNBA0000517.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Unity Small Finance Bank Limited Vesu in Surat, your payment can get delayed or might not go through at all.
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 Vesu, 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 Unity Small Finance Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Surat to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UNBA0000517.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No G3 And G4, Ground Floor,Galloping Corridor,Canal Road,Vesu,Surat,Gujrat-395007 located in Surat, Surat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.