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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Utkarsh Small Finance Bank for its Bhayandar branch in Mumbai, Mumbai, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Utkarsh Small Finance Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTKS0001719. 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 Utkarsh Small Finance Bank, Bhayandar, Mumbai
Below in the table are the key details related to IFSC Code UTKS0001719 of Utkarsh Small Finance Bank for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Utkarsh Small Finance Bank |
| IFSC Code | UTKS0001719 |
| Branch | Bhayandar |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | 7&8 Arihant Darshan 90 Feet Rd Bhayandar Venkatesh Park Bhayandar West Mira Bhayandar Maharashtra 401101 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Utkarsh Small Finance Bank in Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTKS0001719 for the Bhayandar branch of Utkarsh Small Finance Bank has an 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 Bhayandar, Mumbai, Maharashtra, are given a unique IFSC like UTKS0001719 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Bhayandar goes to the correct branch. This is important because Utkarsh Small Finance Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTKS0001719
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): These represent the bank code. In Utkarsh Small Finance Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bhayandar in Mumbai.
For example, the IFSC Code UTKS0001719 of Utkarsh Small Finance Bank for the Bhayandar branch has these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.
How to Find IFSC Code for Utkarsh Small Finance Bank?
To find the IFSC Code UTKS0001719 of Utkarsh Small Finance Bank for its Bhayandar branch located in Mumbai, 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 Mumbai and Mumbai, 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 Bhayandar or Mumbai to find the exact IFSC Code UTKS0001719.
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 Mumbai will provide accurate information.
How to Use IFSC Code UTKS0001719 for Online Transfers?
Once you have the IFSC Code UTKS0001719 for the Bhayandar branch of Utkarsh Small Finance Bank in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTKS0001719. 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 Utkarsh Small Finance Bank IFSC Code UTKS0001719.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Utkarsh Small Finance Bank Bhayandar in Mumbai 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 Utkarsh Small Finance Bank in Bhayandar, 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 Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTKS0001719.
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 7&8 Arihant Darshan 90 Feet Rd Bhayandar Venkatesh Park Bhayandar West Mira Bhayandar Maharashtra 401101 located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.