Use this page as a one-stop reference for everything related to Unity Small finance Bank Limited's ASHOK NAGAR INDORE branch in INDORE, MADHYA PRADESH. The branch's IFSC code UNBA0000571 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Unity Small finance Bank Limited – ASHOK NAGAR INDORE is UNBA0000571. The first four letters UNBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000571 map to this branch in INDORE, MADHYA PRADESH.
About Unity Small finance Bank Limited
Unity Small finance Bank Limited operates a wide network of branches across India, including the Ashok Nagar Indore branch in Indore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UNBA0000571.
Branch details at a glance
| Bank Name | Unity Small finance Bank Limited |
|---|---|
| Branch | Ashok Nagar Indore |
| IFSC Code | UNBA0000571 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ANAND NAGAR 37,GROUND ,FIRST FLOOR,ANAND NAGAR ,BHAWARKUA MAIN ROAD,INDORE-452001 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 731 |
| Phone | 8839094810 |
About this branch
The branch is located at ANAND NAGAR 37,GROUND ,FIRST FLOOR,ANAND NAGAR ,BHAWARKUA MAIN ROAD,INDORE-452001. It serves the Indore region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Unity Small finance Bank Limited. The IFSC UNBA0000571 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Unity Small finance Bank Limited's ASHOK NAGAR INDORE branch came to be assigned the code UNBA0000571.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UNBA0000571, money simply cannot be routed to the ASHOK NAGAR INDORE branch electronically.
Account types you can open at the Ashok Nagar Indore branch
Once you have an account at Unity Small finance Bank Limited – ASHOK NAGAR INDORE, the IFSC UNBA0000571 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Ashok Nagar Indore branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 731-8839094810.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UNBA0000571
How to transfer money using IFSC UNBA0000571
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UNBA0000571 across all three.
NEFT to Unity Small finance Bank Limited, ASHOK NAGAR INDORE using IFSC UNBA0000571
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC UNBA0000571, and confirm that the system picks up Unity Small finance Bank Limited – ASHOK NAGAR INDORE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC UNBA0000571
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Unity Small finance Bank Limited – ASHOK NAGAR INDORE, ensure your bank's portal accepts IFSC UNBA0000571 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Unity Small finance Bank Limited – ASHOK NAGAR INDORE, use IMPS. With IFSC UNBA0000571 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UNBA0000571 for Unity Small finance Bank Limited – ASHOK NAGAR INDORE, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UNBA0000571 | Yes – UNBA0000571 | Yes – UNBA0000571 |
For most retail customers crediting the Ashok Nagar Indore branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC UNBA0000571
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Unity Small finance Bank Limited – ASHOK NAGAR INDORE is still mapped to IFSC UNBA0000571. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC UNBA0000571 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Ashok Nagar Indore branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UNBA0000571 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Unity Small finance Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UNBA0000571 and the account number together uniquely identify the Ashok Nagar Indore branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC UNBA0000571
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Unity Small finance Bank Limited – ASHOK NAGAR INDORE, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
UNBA0000571. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Ashok Nagar Indore branch sits at ANAND NAGAR 37,GROUND ,FIRST FLOOR,ANAND NAGAR ,BHAWARKUA MAIN ROAD,INDORE-452001. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call 731-8839094810 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UNBA0000571 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UNBA0000571 for Unity Small finance Bank Limited – ASHOK NAGAR INDORE, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ashok Nagar Indore branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC UNBA0000571, however, work 24x7.
Branch address & contact
Unity Small finance Bank LimitedAshok Nagar Indore Branch
ANAND NAGAR 37,GROUND ,FIRST FLOOR,ANAND NAGAR ,BHAWARKUA MAIN ROAD,INDORE-452001
Indore, Madhya Pradesh
Phone: 731-8839094810
IFSC: UNBA0000571
Frequently asked questions
How quickly will an NEFT transfer using UNBA0000571 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Unity Small finance Bank Limited – Ashok Nagar Indore reflect within 30 minutes.
Is IFSC UNBA0000571 valid for NEFT and RTGS?
Yes. IFSC UNBA0000571 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Unity Small finance Bank Limited Ashok Nagar Indore branch?
You can reach the branch at 731-8839094810 during regular banking hours.
Is IFSC UNBA0000571 the same for all accounts at Ashok Nagar Indore branch?
Yes. The IFSC UNBA0000571 is shared by every account held at Unity Small finance Bank Limited's Ashok Nagar Indore branch. Only the account number changes from customer to customer.
Can I use IFSC UNBA0000571 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UNBA0000571 to send funds instantly.
How do I add Unity Small finance Bank Limited Ashok Nagar Indore as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UNBA0000571, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code UNBA0000571 belongs to Unity Small finance Bank Limited's ASHOK NAGAR INDORE branch, located at ANAND NAGAR 37,GROUND ,FIRST FLOOR,ANAND NAGAR ,BHAWARKUA MAIN… in INDORE, MADHYA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
