There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Utkarsh Small Finance Bank for its Mogappair Chennai branch in Hai, Chennai, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Utkarsh Small Finance Bank situated in Hai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code UTKS0001686. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Utkarsh Small Finance Bank, Mogappair Chennai, Hai
The table below shows the main details of the IFSC Code UTKS0001686 for the Utkarsh Small Finance Bank branch in Hai, which falls under the Chennai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Utkarsh Small Finance Bank |
| IFSC Code | UTKS0001686 |
| Branch | Mogappair Chennai |
| City | Hai |
| District | Chennai |
| State | Tamil Nadu |
| Address | Grd Flr Blk No10 Plt No14 Surveyno 319-330 Prt Dr.Purtchi Thalaivi Jjayalalitha Nagr Est Thiruvalluvar Salai Nr 7H Bus Stp Mogappair Est Chennai Tamil Nadu 600037 |
These details are important not only for users using online banking but also for businesses and individuals who use Utkarsh Small Finance Bank in Hai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTKS0001686 for the Mogappair Chennai branch of Utkarsh Small Finance Bank 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 Utkarsh Small Finance Bank located in Mogappair Chennai, Hai, Tamil Nadu, are allotted a unique IFSC like UTKS0001686 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hai and Chennai.
- 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 Utkarsh Small Finance Bank in Mogappair Chennai reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code UTKS0001686
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 Mogappair Chennai in Hai.
For example, the IFSC Code UTKS0001686 of Utkarsh Small Finance Bank for the Mogappair Chennai branch includes these elements, identifying the bank and the branch location in Hai and Tamil Nadu accurately.
How to Find IFSC Code for Utkarsh Small Finance Bank?
If you are trying to find the IFSC Code UTKS0001686 of Utkarsh Small Finance Bank for its Mogappair Chennai branch located in Hai, the following methods can help:
Cheque Book
The cheque book issued by Utkarsh Small Finance Bank 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 Utkarsh Small Finance Bank branches in Hai and Chennai, print them on the first page of your passbook.
Bank Website
Visit the official website of Utkarsh Small Finance Bank and navigate to the branch locator section. Search for Mogappair Chennai or Hai to get the exact IFSC Code UTKS0001686.
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 keeps an updated list of all IFSC codes. If you search for Utkarsh Small Finance Bank and Hai, you'll get the correct details.
How to Use IFSC Code UTKS0001686 for Online Transfers?
Once you have the IFSC Code UTKS0001686 for the Mogappair Chennai branch of Utkarsh Small Finance Bank in Hai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTKS0001686. 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 UTKS0001686.
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 Mogappair Chennai in Hai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Utkarsh Small Finance Bank in Mogappair Chennai, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Hai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTKS0001686.
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 Grd Flr Blk No10 Plt No14 Surveyno 319-330 Prt Dr.Purtchi Thalaivi Jjayalalitha Nagr Est Thiruvalluvar Salai Nr 7H Bus Stp Mogappair Est Chennai Tamil Nadu 600037 located in Hai, Chennai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.