Branch:
Centre:
State:
City:
District:
Address:
Contact:
Bank Code:
RTGS:
UPI:
NEFT:
IMPS:
MICR:
SWIFT:
FAQs
Q1: What is an IFSC code, and why is it required?
An IFSC code is an 11-digit identifier provided to each bank branch in India that uses the National Electronic Funds Transfer (NEFT) system. It identifies a bank branch for a variety of financial transactions, including NEFT, RTGS, IMPS, ECS, and UPI.
Q2: How can I find my bank’s IFSC code?
Answer: You may obtain your bank’s IFSC code by visiting the Reserve Bank of India (RBI)’s official website, using online banking or financial service websites, or calling your bank directly.
Q3. What is the structure of an IFSC code?
Answer: An IFSC code is formatted as AAAAA999999, with the first five letters being the bank name and unique identity, the next character being a zero (0), and the next six characters representing the bank’s individual branch code.
Q4. Can I use an IFSC code to transact with various banks?
Yes, you may use an IFSC code to conduct transactions between banks using the NEFT, RTGS, or IMPS systems.
Q5. How can I check the legitimacy of an IFSC code?
Answer: You may verify the legitimacy of an IFSC code by visiting the Reserve Bank of India’s (RBI) official website or calling your bank.
Q6. What’s the difference between a bank branch’s IFSC code and its MICR code?
Yes, the IFSC code and the MICR (Magnetic Ink Character Recognition) code are distinct codes used for separate purposes. The IFSC code is used for electronic financial transfers, whereas the MICR code is utilized for check processing.