Wednesday, 7 February 2018

UCO Bank IFSC Code Jaipur | Rajasthan


United Commercial Bank or commonly known as UCO Bank is one of the major commercial bank of India. The bank was founded on 6th January in the year 1943 and headquartered in Kolkata, West Bengal, India. It provides banking services to the customers. The bank has a total strength of more than 4000 branches and also over 3000 ATMs. It also holds two representative branches abroad, one in Singapore and the other is in Hong Kong.

UCO bank offers various products and services which are as follows:
  • Loans 
  • NRI Banking 
  • Internet Banking 
  • Cards etc 

IFSC Code of UCO Bank, Jaipur

Reserve Bank of India (RBI) has launched IFSC codes which stand for Indian Financial System Code. This code was introduced by the RBI in order to ensure security and safety of the transactions. IFSC Code also helps in indentifying the bank and branch where the account of the beneficiary is held. RBI has also mandated IFSC code for different bank transactions. The IFSC code helps in recognizing each and every bank and its branches separately.
 
The IFSC Codes follow two payment and settlement systems in India which are as follows:
  • RTGS (Real Time Gross Settlement) 
  • NEFT (National Electronic Fund Transfer) 

IFSC Code is 11- digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.

In IFS Code

  • First four characters identify the bank name i.e. FDRL
  • The fifth character is always 0
  • And the last character represents the branch address i.e. 001827

[The IFSC Code used in above example is of J.P Nagar, Bangalore i.e. “FDRL0001827”].

Jaipur is the capital of India’s Rajasthan State. This city of forts and palaces is also known as ‘Pink City’. It is a popular tourist destination in India and serves as a gateway to other tourist destinations in Rajsthan such as Jodhpur, Jaisalmer, Udaipur, and Mount Abu.

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