The Indian Financial System Code (IFSC) is a unique 11-character code used in India for identifying bank branches involved in electronic funds transfer. It is essential for payment and settlement processes, such as Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).
The IFSC code is printed on cheque books and is crucial for RTGS and NEFT transactions, ensuring the correct bank branch is identified for fund transfers. The Reserve Bank of India maintains a complete and updated list of IFSC codes for all bank branches in India.
IFSC codes are mandatory for electronic payment systems. They help direct messages to the destination bank, ensuring efficient and secure financial transactions.
Our website, BharatMoneyBox.com, is designed to offer users all the necessary details about various codes, including IFSC codes, PIN codes, state codes, and more. With a user-friendly interface, you can quickly and easily access the information you need.
Follow these simple steps to find any code:
If you need to perform an RTGS or NEFT transaction but don't have the IFSC code, don't worry. Simply visit BharatMoneyBox.com and search for the IFSC code by entering the required details. Our platform provides one of the easiest and fastest ways to find various types of codes.
RTGS is a system where the transfer of money or securities takes place from one bank to another on a "real-time" and on a "gross" basis. This means that the transactions are processed continuously throughout the RTGS business hours.
NEFT is a nation-wide payment system that facilitates one-to-one funds transfer. Individuals, firms, and corporates can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the NEFT scheme.
IMPS is an instant interbank electronic fund transfer service through mobile phones. It is available 24/7 throughout the year, including on bank holidays.
MMID is a 7-digit unique number issued by the bank upon registration, which is used in combination with the mobile number to facilitate IMPS transactions.
UIDAI is the government agency responsible for issuing the 12-digit unique identification number (Aadhaar) to residents of India, which serves as a proof of identity and address.
UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that allows instant transfer of money between any two bank accounts using a mobile platform.
KYC is a process by which banks and financial institutions verify the identity, suitability, and risks involved with maintaining a business relationship.
SWIFT Code is an international bank code that identifies particular banks worldwide. It’s also known as a Bank Identifier Code (BIC). It is used for international wire transfers and to exchange other messages between banks.
BHIM is a mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI). It facilitates e-payments directly through banks and encourages cashless transactions.
Explore the complete list of Indian banks, including major public and private sector banks, cooperative banks, and regional rural banks. Find detailed information on banking services, IFSC codes, branch locations, and more for all banks operating in India.
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