IFSC Code of Utkarsh Small Finance Bank, Daraundha, Daraundha, Bihar — UTKS0001864

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Utkarsh Small Finance Bank for its Daraundha branch in Siwan, Daraundha, Bihar, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Utkarsh Small Finance Bank located in Siwan or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code UTKS0001864. 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, Daraundha, Siwan

Below in the table are the key details related to IFSC Code UTKS0001864 of Utkarsh Small Finance Bank for its branch located in Siwan, within the district of Daraundha in the state of Bihar.

These details are crucial, not just for online banking users but also for businesses and individuals who use Utkarsh Small Finance Bank in Siwan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTKS0001864 for the Daraundha 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, including Utkarsh Small Finance Bank located in Daraundha, Siwan, Bihar, is provided with a unique IFSC like UTKS0001864 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Utkarsh Small Finance Bank branch in Siwan.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Siwan and Daraundha.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Utkarsh Small Finance Bank in Daraundha do not get mixed with another location.

Format of the IFSC Code UTKS0001864

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 Daraundha in Siwan.

For example, the IFSC Code UTKS0001864 of Utkarsh Small Finance Bank for the Daraundha branch includes these elements, identifying the bank and the branch location in Siwan and Bihar accurately.

How to Find IFSC Code for Utkarsh Small Finance Bank?

If you are trying to find the IFSC Code UTKS0001864 of Utkarsh Small Finance Bank for its Daraundha branch located in Siwan, 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

Most banks, including Utkarsh Small Finance Bank branches in Siwan and Daraundha, print the IFSC and MICR codes 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 Daraundha or Siwan to get the exact IFSC Code UTKS0001864.

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 Siwan, you'll get the correct details.

How to Use IFSC Code UTKS0001864 for Online Transfers?

Once you have the IFSC Code UTKS0001864 for the Daraundha branch of Utkarsh Small Finance Bank in Siwan, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTKS0001864. 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 Utkarsh Small Finance Bank IFSC Code UTKS0001864.

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 Daraundha in Siwan, 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 Daraundha, 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 Siwan manage online transfers as well as cheque clearances with ease.