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 Shivalik, New Delhi branch in New Delhi, New Delhi, Delhi, 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 New Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code UTKS0001573. 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, Shivalik, New Delhi, New Delhi
Here are the key points that are associated with the IFSC Code UTKS0001573 of Utkarsh Small Finance Bank for its branch located in New Delhi, within the district of New Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Utkarsh Small Finance Bank |
| IFSC Code | UTKS0001573 |
| Branch | Shivalik, New Delhi |
| City | New Delhi |
| District | New Delhi |
| State | Delhi |
| Address | B-5,Ground Floor,Shivalik,New Delhi-110017 |
These details are essential not only for online banking users but also for businesses and individuals who use Utkarsh Small Finance Bank in New Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTKS0001573 for the Shivalik, New Delhi branch of Utkarsh Small Finance Bank plays 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 Shivalik, New Delhi, New Delhi, Delhi, are given a unique IFSC like UTKS0001573 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in New Delhi.
- 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 New Delhi and New Delhi.
- 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 Shivalik, New Delhi goes to the correct branch. This is important because Utkarsh Small Finance Bank has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTKS0001573
This is the format of the IFSC Code for banks, including Utkarsh Small Finance Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Utkarsh Small Finance Bank, 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 Shivalik, New Delhi in New Delhi.
For example, the IFSC Code UTKS0001573 of Utkarsh Small Finance Bank for the Shivalik, New Delhi branch includes these elements, identifying the bank and the branch location in New Delhi and Delhi accurately.
How to Find IFSC Code for Utkarsh Small Finance Bank?
To find the IFSC Code UTKS0001573 of Utkarsh Small Finance Bank for its Shivalik, New Delhi branch located in New Delhi, 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 New Delhi and New Delhi, 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 Shivalik, New Delhi or New Delhi to find the exact IFSC Code UTKS0001573.
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 New Delhi will provide accurate information.
How to Use IFSC Code UTKS0001573 for Online Transfers?
Once you have the IFSC Code UTKS0001573 for the Shivalik, New Delhi branch of Utkarsh Small Finance Bank in New Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTKS0001573. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTKS0001573.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Utkarsh Small Finance Bank Shivalik, New Delhi in New Delhi, 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 Utkarsh Small Finance Bank in Shivalik, New Delhi, 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 New Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTKS0001573.
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 B-5,Ground Floor,Shivalik,New Delhi-110017 located in New Delhi, New Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.