Utkarsh Small Finance Bank IFSC Code and MICR Code

Utkarsh Small Finance Bank IFSC Code, MICR Code and SWIFT Code

Utkarsh Small Bank IFSC code is one of the vital aspects of its net banking procedure. As we all know, online fund transfer processes like NEFT or RTGS are incomplete without the IFSC code as it helps to locate the branches anywhere across India. 

In the time of fast processing, people tend to prefer online banking a lot more than the traditional way. Hence, the Reserve Bank of India issues the system of online fund transfers like NEFT, RTGS, and IMPS to fasten the process of fund transfer. 

If you want to know in detail about IFSC, MICR codes, and different transfer methods of Utkarsh Small Finance Bank, keep reading this article. You'll get to know everything about the same throughout the write-up in a detailed manner. 

Utkarsh Small Finance Bank IFSC Code 

Utkarsh Small Finance Bank IFSC code is an eleven-digit character containing both numbers and characters. The IFSC code can be divided into three parts. The first part has four characters that represent the bank, the middle character is zero, and the remaining six numbers represent the branch. 

For example, the Utkarsh Bank Bihar Bhojpur Arrah branch IFSC Code is UTKS0001356. Here the first four letters UTKS corresponds to the bank name, 0 is the fifth character, and the last six numbers 001356 stands for the Arrah branch. 

You will need the Utkarsh Bank IFSC Code while sending money via NEFT or RTGS. The IFSC code locates any branch of the bank immediately and initiates a fast fund transfer anywhere within the country. 

Utkarsh Small Finance Bank MICR Code 

Like the IFSC code, the MICR code plays a crucial role in online fund transfers. The purpose of the MICR code too is to identify bank location, but it is mainly for paper-based documents like cheques. 

MICR codes are printed using a unique magnetic ink technology which helps in faster clearance of cheques. Utkarsh Bank MICR code is a nine-digit numeric code, and it is different for every branch. The MICR code of Utkarsh Bank Badakumari branch is 752762002. 

The MICR code is needed at the time of cheque clearance to identify the authenticity of it, and you can find it on cheque leaves and in the passbook as well. 

How to Find the IFSC Code and MICR Code of Utkarsh Small Finance Bank?

You can easily find the Utkarsh Small Finance Bank IFSC code and the MICR code through the https://findyourbank.in/ website and mobile app. It is the most convenient way to find these codes on both platforms. All you have to do is- 

• Visit the https://findyourbank.in/ website 
• Select bank name, district, state, branch name 
• Press ok, and the IFSC and MICR code of Utkarsh Bank will be displayed within seconds. 

You can find these codes via other sources as well. Let's find out about them too- 

Utkarsh Small Finance Bank online banking platforms 

The Utkarsh Bank's online banking platforms like its website and mobile app will help you find these codes easily. 

Bank Passbook and Cheque Book

The IFSC and MICR codes are printed in the bank's passbook and cheque book. You will find them either at the top or in the middle of the cheque book or passbook leaves. 

Reserve Bank of India website 

The Reserve Bank of India website has the IFSC and MICR codes of every bank. Hence, it is a reliable source to find Utkarsh Small Finance Bank IFSC code and MICR code there. 

Utkarsh Bank Support Team 

The Utkarsh Bank customer care is another easy and convenient source to get the respective codes. You can simply call them and enquire about the codes, and they will definitely help you find the same. 

How to Transfer Money through NEFT, RTGS, and IMPS process of Utkarsh Small Finance Bank? 

Utkarsh Small Finance Bank offers easy money transfers via NEFT, RTGS, and IMPS. Let's see each process individually and learn about its limitations and charges. 

NEFT 

NEFT is one of the most popular online fund transfer modes. To send money via NEFT, you will need- 

• Beneficiary name 
• Beneficiary account number and IFSC code
• Receiver's email id and phone number 

Amount	Charges
Upto Rs. 10,000	Rs. 2.5 per transaction
Rs. 10000 to Rs. 1 lakhs	Rs. 5 per transaction
Rs. 1 lakh to Rs. 2 lakhs	Rs. 15 per transaction
Rs. 2 lakhs and above	Rs. 50 per transaction

• Timings: Available on all days except Sundays and bank holidays
• No Maximum and Minimum Limit

RTGS

You need the same documents as NEFT to send money via RTGS. This fund transfer mode is basically for sending higher amounts, and its minimum transfer limit starts from Rs. 2 lakhs. 

Amount	Charges
Rs. 2 lakhs to Rs. 5 lakhs	Rs. 25 per transaction
Above Rs. 5 lakhs	Rs. 50 per transaction

 

• Minimum limit- Rs. 2 lakhs
• Available on all days except Sundays and bank holidays  

IMPS 

To send money via IMPS, you will need-

• Your and beneficiary MMID code
• Your mobile number 
• Beneficiary mobile number and account number 
• Beneficiary IFSC code and AADHAR number 

Amount	Charges
Upto Rs. 1 lakh	Rs. 5 per transaction
Rs. 100001 to Rs. 2 lakhs	Rs. 15 per transaction

 

• Minimum limit- Re.1 - Maximum limit- Rs.2 lakhs
• Available 24*7 365 days 

About Utkarsh Small Finance Bank 

Utkarsh Small Finance Bank started in the year 2008, and the bank offers various bank account services like a savings account, mortgages, investment, deposits, insurance, etc. The bank currently has 590 branches across 20 states in India. 

You have to submit the following documents to open an account in Utkarsh Small Finance Bank-

• Identity proof (voter id, driving license, passport, AADHAR card, PAN card)
• Passport size photo
• Address proof (utility bills, voter id, ration card, etc.)
• Birth certificate for minors

Any Indian citizen living in India can open an account in Utkarsh Small Finance Bank. Utkarsh Bank savings account interest rates are as follows- 

Balance	Interest Rates
Upto Rs. 1 lakh	5% p.a
Rs. 1 lakh to Rs. 25 lakhs	6% p.a
Above Rs. 25 lakhs	7.25% p.a

 

FAQs 

1) Is Utkarsh Small Finance Bank a government bank? 

Utkarsh Small Finance Bank is not a government bank. It is categorized as a non-govt financial institution. 

2) Is the Utkarsh bank IFSC code necessary for online fund transfers? 

Yes, the Utkarsh Small Finance Bank IFSC code is necessary for online fund transfers like NEFT, RTGS, and IMPS. 

3) Where to find the Utkarsh Bank IFSC code? 

You can find the Utkarsh Bank IFSC code on the bank's website and mobile app, in the passbook, and also on https://findyourbank.in/ website.