The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Utkarsh Small Finance Bank for its Kantamal branch in Boudh, Odisha, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Utkarsh Small Finance Bank located in Boudh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTKS0001475. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Utkarsh Small Finance Bank, Kantamal, Boudh
Here are some of the key details that come with the IFSC Code UTKS0001475 of Utkarsh Small Finance Bank for its branch located in Boudh, within the district of Odisha in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Utkarsh Small Finance Bank |
| IFSC Code | UTKS0001475 |
| Branch | Kantamal |
| City | Boudh |
| District | Odisha |
| State | Odisha |
| Address | Hospital Chowk Manamundo Road At Po Ps Kantamal Dist.-Boudh State-Odisha Pin-762017 |
These details help users in online banking and for businesses and individuals who use Utkarsh Small Finance Bank in Boudh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTKS0001475 for the Kantamal branch of Utkarsh Small Finance Bank has a very important 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 Utkarsh Small Finance Bank located in Kantamal, Boudh, Odisha, are given a unique IFSC like UTKS0001475 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Boudh.
- 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 Boudh and Odisha.
- 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 Utkarsh Small Finance Bank in Kantamal goes to the correct branch. This is important because Utkarsh Small Finance Bank 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 UTKS0001475
The format of the IFSC Code for banks, including Utkarsh Small Finance Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Utkarsh Small Finance Bank, 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 Kantamal in Boudh.
For example, the IFSC Code UTKS0001475 of Utkarsh Small Finance Bank for the Kantamal branch includes these elements, identifying the bank and the branch location in Boudh and Odisha accurately.
How to Find IFSC Code for Utkarsh Small Finance Bank?
To find the IFSC Code UTKS0001475 of Utkarsh Small Finance Bank for its Kantamal branch located in Boudh, the following methods can help you out:
Cheque Book
The cheque book issued by Utkarsh Small Finance Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Utkarsh Small Finance Bank branches in Boudh and Odisha, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Utkarsh Small Finance Bank and go to the branch locator section. Then search for Kantamal or Boudh to find the exact IFSC Code UTKS0001475.
Mobile Banking App
If you use Utkarsh Small Finance Bank'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 Utkarsh Small Finance Bank and Boudh will provide accurate information.
How to Use IFSC Code UTKS0001475 for Online Transfers?
Once you have the IFSC Code UTKS0001475 for the Kantamal branch of Utkarsh Small Finance Bank in Boudh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTKS0001475. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Utkarsh Small Finance Bank IFSC Code UTKS0001475.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Utkarsh Small Finance Bank Kantamal in Boudh, it can 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 Utkarsh Small Finance Bank in Kantamal, 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 Utkarsh Small Finance Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Boudh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kantamal Boudh branch is UTKS0001475.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Hospital Chowk Manamundo Road At Po Ps Kantamal Dist.-Boudh State-Odisha Pin-762017.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.