Bank IFSC Codes | List of Banks in India - MICR, NEFT, RTGS, IMPS
Get the list of Bank IFSC Codes, Branch details, Address, Phone Numbers and more. Here provided IFSC code for 450 banks, MICR Code for 390 banks, and BSR Codes of 29 banks. Click on the bank followed by state, district and city to get branch ifsc code.
State wise banks list |
|---|
Andaman And Nicobar Island | Andhra Pradesh | Arunachal Pradesh | Assam | Bihar | Chandigarh | Chattisgarh | Chhattisgarh | Dadra And Nagar Haveli | Daman And Diu | Delhi | Goa | Greater Mumbai | Gujarat | Haryana | Himachal Pradesh | Jammu & Kashmir | Jammu And Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Nct Of Delhi | Odisha | Puducherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Telangana | Tripura | Uttar Pradesh | Uttarakhand | West Bengal
List of banks in India |
|---|
- Abhyudaya Bank ifsc code
- Abu Dhabi Commercial Bank ifsc code
- Aditya Birla Idea Payments Bank ifsc code
- Ahmedabad Mercantile Cooperative Bank ifsc code
- Ahmednagar Merchants Co Op Bank ifsc code
- Airtel Payments Bank ifsc code
- Akola Janata Commercial Cooperative Bank ifsc code
- Akola Merchant Coop Bank ifsc code
- Akola Urban Bank ifsc code
- Allahabad Bank ifsc code
- Allahabad Up Gramin Bank ifsc code
- Almora Urban Cooperative Bank ifsc code
- Almora Zila Sahkari Bank ifsc code
- Ambarnath Jaihind Coop Bank Ambarnath ifsc code
- American Express Banking Corp ifsc code
- Amravati Dcc Bank ifsc code
- Amravati Merchants Coop Bank ifsc code
- Andhra Bank ifsc code
- Andhra Pradesh Grameena Vikas Bank ifsc code
- Andhra Pragathi Grameena Bank ifsc code
- Apna Sahakari Bank ifsc code
- Arunachal Pradesh Rural Bank ifsc code
- Assam Gramin Vikash Bank ifsc code
- Au Small Finance Bank ifsc code
- Anz Bank India ifsc code
- Axis Bank ifsc code
- Bnp Paribas ifsc code
- Balageria Central Coop Bank ifsc code
- Balageria Central Cooperative Bank ifsc code
- Bandhan Bank ifsc code
- Bangalore City Cooperative Bank ifsc code
- Bangiya Gramin Vikash Bank ifsc code
- Bank Internasional Indonesia ifsc code
- Bank Of America ifsc code
- Bank Of Bahrain And Kuwait India ifsc code
- Bank Of Baroda ifsc code
- Bank Of Ceylon ifsc code
- Bank Of India ifsc code
- Bank Of Maharashtra ifsc code
- Bankura District Central Co Operative Bank ifsc code
- Barclays Bank ifsc code
- Baroda Gujarat Gramin Bank ifsc code
- Baroda Rajasthan Kshetriya Gramin Bank ifsc code
- Baroda Uttar Pradesh Gramin Bank ifsc code
- Bassein Catholic Cooperative Bank ifsc code
- Belur Urban Cooperative Bank ifsc code
- Berhampur Central Coop Bank ifsc code
- Bhagini Nivedita Sahakari Bank Pune ifsc code
- Bharat Cooperative Bank Mumbai ifsc code
- Bharatiya Mahila Bank ifsc code
- Bhavnagar District Cooperative Bank ifsc code
- Bihar Gramin Bank ifsc code
- Birbhum District Central Co Operative Bank ifsc code
- Bombay Mercantile Co Op Bank ifsc code
- Burdwan Central Co Operative Bank ifsc code
- Canara Bank ifsc code
- Capital Small Finance Bank ifsc code
- Catholic Syrian Bank ifsc code
- Central Bank Of India ifsc code
- Central Madhya Pradesh Gramin Bank ifsc code
- Chaitanya Godavari Grameena Bank ifsc code
- Chandrapur Dcc Bank ifsc code
- Chhattisgarh Rajya Gramin Bank ifsc code
- Chikhli Urban Coop Bank ifsc code
- Chinatrust Commercial Bank ifsc code
- Chiplun Urban Bank ifsc code
- Citi Bank ifsc code
- Citizen Credit Cooperative Bank ifsc code
- City Union Bank ifsc code
- Coastal Local Area Bank ifsc code
- Coastal Local Area Bank ifsc code
- Commonwealth Bank Of Australia India ifsc code
- Cooperative Urban Bank ifsc code
- Corporation Bank ifsc code
- Cppc Allahabad ifsc code
- Credit Agricole Corporate And Investment Bank Calyon Bank ifsc code
- Credit Suisse Ag ifsc code
- Csb Bank ifsc code
- Ctbc Bank Co ifsc code
- Cuttack Central Co Operative Bank ifsc code
- Darjeeling District Central Co Operative Bank ifsc code
- Darjeeling District Central Cooperative Bank ifsc code
- Dbs Bank India ifsc code
- Dcb Bank ifsc code
- Dehradun Distt Coop Bank ifsc code
- Dena Bank ifsc code
- Dena Gujarat Gramin Bank ifsc code
- Deogiri Nagari Sah Bank ifsc code
- Deogiri Nagari Sahakari Bank Aurangabad ifsc code
- Deposit Insurance And Credit Guarantee Corporation ifsc code
- Deustche Bank ifsc code
- Deutsche Bank Ag ifsc code
- Dhanalakshmi Bank ifsc code
- Dharamvir Sambhaji Urban Coop Bank ifsc code
- Dk Dinajpur Central Co Operative Bank ifsc code
- Dmk Jaoli Bank ifsc code
- Doha Bank ifsc code
- Doha Bank Qsc ifsc code
- Dombivli Nagari Sahakari Bank ifsc code
- Durgapur Steel Peoples CoOperative Bank ifsc code
- Ellaquai Dehati Bank ifsc code
- Emirates Nbd Bank P J S C ifsc code
- Emirates Nbd Bank P J S C ifsc code
- Equitas Small Finance Bank ifsc code
- Esaf Small Finance Bank ifsc code
- Export Import Bank Of India ifsc code
- Federal Bank ifsc code
- Fincare Small Finance Bank ifsc code
- Fino Payments Bank ifsc code
- First Abu Dhabi Bank Pjsc ifsc code
- Firstrand Bank ifsc code
- Gp Parsik Bank ifsc code
- Gramin Bank Of Aryavart ifsc code
- Guardian Bank ifsc code
- Gurgaon Gramin Bank ifsc code
- Haryana State Cooperative Bank ifsc code
- Hdfc Bank ifsc code
- Himachal Pradesh Gramin Bank ifsc code
- Hpscb ifsc code
- Hooghly District Central Cooperative Bank ifsc code
- Hsbc Bank ifsc code
- Hsbc Bank Oman Saog ifsc code
- Icici Bank ifsc code
- Idbi Bank ifsc code
- Idfc Bank ifsc code
- Idfc First Bank ifsc code
- Idrbt ifsc code
- Idukki District Co Operative Bank ifsc code
- India Post Payments Bank ifsc code
- Indian Bank ifsc code
- Iob ifsc code
- Indusind Bank ifsc code
- Industrial And Commercial Bank Of China ifsc code
- Industrial Bank Of Korea ifsc code
- Ing Vysya Bank ifsc code
- Irinjalakuda Town Co Operative Bank ifsc code
- Jalgaon Janata Sahakari Bank ifsc code
- Jalpaiguri Central Co Operative Bank ifsc code
- Jk Bank ifsc code
- Jammu And Kashmir Grameen Bank ifsc code
- Jana Small Finance Bank ifsc code
- Janakalyan Sahakari Bank ifsc code
- Janaseva Sahakari Bank Borivli ifsc code
- Janaseva Sahakari Bank ifsc code
- Janata Sahakari Bank ifsc code
- Janata Sahakari Bank ifsc code
- Jharkhand Gramin Bank ifsc code
- Jharkhand State Co Operative ifsc code
- Jharkhand State Cooperative Bank ifsc code
- Jijamata Mahila Sahakari Bank ifsc code
- Jila Sahakari Kendriya Bank Maryadit ifsc code
- Jio Payments Bank ifsc code
- Jpmorgan Chase Bank National Association ifsc code
- Jsc Vtb Bank ifsc code
- Kallappanna Awade Ichalkaranji Janata Sahakari Bank ifsc code
- Kalupur Commercial Cooperative Bank ifsc code
- Kalyan Janata Sahakari Bank ifsc code
- Kannur District Co Op Bank ifsc code
- Kapol Cooperative Bank ifsc code
- Karnataka Bank ifsc code
- Karnataka Vikas Grameena Bank ifsc code
- Karur Vysya Bank ifsc code
- Kashi Gomti Samyut Gramin Bank ifsc code
- Kaveri Grameena Bank ifsc code
- Keb Hana Bank ifsc code
- Kendrapara Urban Coop Bank ifsc code
- Kerala Gramin Bank ifsc code
- Khamgaon Urban Co Op Bank ifsc code
- Khorda Central Coop Bank ifsc code
- Kodoli Urban Coop Bank ifsc code
- Kokan Mercantile Co Op Bank ifsc code
- Konoklota Mahila Urban Cooperative Bank ifsc code
- Kotak Mahindra Bank ifsc code
- Kozhikode District Cooperatiave Bank ifsc code
- Krishna Bhima Samruddhi Lab ifsc code
- Krishna Bhima Samruddhi Lab ifsc code
- Krung Thai Bank Public Company ifsc code
- Kumbhi Kasari Sahakari Bank ifsc code
- Langpi Dehangi Rural Bank ifsc code
- Laxmi Vilas Bank ifsc code
- Madhya Bihar Gramin Bank ifsc code
- Madhyanchal Gramin Bank ifsc code
- Mahanagar Cooperative Bank ifsc code
- Maharashtra Gramin Bank ifsc code
- Maharashtra State Cooperative Bank ifsc code
- Mahatma Fule Urban Co Op Bank ifsc code
- Mahesh Sahakari Bank Pune ifsc code
- Malda District Central Co Operative Bank ifsc code
- Malwa Gramin Bank ifsc code
- Maninagar Cooperative Bank ifsc code
- Manipur Rural Bank ifsc code
- Manvi Pattana Souharda Sahakari Bank Ni ifsc code
- Mashreq Bank Psc ifsc code
- Medak DCCB ifsc code
- Megalaya Rural Bank ifsc code
- Mehmadabad Urban Peoples Coop Bank ifsc code
- Mizoram Coop Apex Bank ifsc code
- Mizoram Coop Apex Bank ifsc code
- Mizoram Rural Bank ifsc code
- Mizuho Corporate Bank ifsc code
- Mugberia Central Co Operative Bank ifsc code
- Murshidabad District Central Co Operative Bank ifsc code
- Nadia District Central Co Operative Bank ifsc code
- Nagaland Rural Bank ifsc code
- Nagar Urban Co Operative Bank ifsc code
- Nagpur Nagarik Sahakari Bank ifsc code
- Nainital Bank ifsc code
- The Nainital Bank ifsc code
- Narmada Jhabua Gramin Bank ifsc code
- Nashik Rd Deolali Bank ifsc code
- National Australia Bank ifsc code
- National Bank For Agriculture And Rural Development ifsc code
- National Bank Of Abu Dhabi Pjsc ifsc code
- Nav Jeevan Co Op Bank ifsc code
- New India Cooperative Bank ifsc code
- Nkgsb Bank ifsc code
- North East Small Finance Bank ifsc code
- North Malabar Gramin Bank ifsc code
- Nsdl Payments Bank ifsc code
- Nutan Nagarik Sahakari Bank ifsc code
- Odisha Gramya Bank ifsc code
- Om Datta Chaitanya Sahakari Bank ifsc code
- Oman International Bank Saog ifsc code
- Oriental Bank Of Commerce ifsc code
- Pallavan Grama Bank ifsc code
- Pandyan Grama Bank ifsc code
- Panipat Urban Coop Bank ifsc code
- Parwanoo Urban Coop Bank ifsc code
- Paschim Banga Gramin Bank ifsc code
- Pavana Sahakari Bank ifsc code
- Paytm Bank ifsc code
- Pimpalgaon Merchants Coop Bank ifsc code
- Pithoragarh Zila Sahkari Bank ifsc code
- Pragathi Krishna Gramin Bank ifsc code
- Prathama Bank ifsc code
- Prime Cooperative Bank ifsc code
- Pt Bank Maybank Indonesia Tbk ifsc code
- Puduvai Bharathiar Grama Bank ifsc code
- Pune Sahakari Bank ifsc code
- Pune Urban Bank ifsc code
- Punjab And Maharshtra Cooperative Bank ifsc code
- Punjab And Sind Bank ifsc code
- Punjab Gramin Bank ifsc code
- Punjab National Bank ifsc code
- Purulia Central Co Operative Bank ifsc code
- Purvanchal Bank ifsc code
- Qatar National Bank Saq ifsc code
- Rabobank International ifsc code
- Raiganj Central Co Operative Bank ifsc code
- Rajarambapu Sahakari Bank ifsc code
- Rajasthan Marudhara Gramin Bank ifsc code
- Rajgurunagar Sahakari Bank ifsc code
- Rajkot Nagrik Sahakari Bank ifsc code
- Ramanagram Urban Cooperative Bank ifsc code
- Ramgarhia Cooperative Bank ifsc code
- Ranga Reddy Cooperative Urban Bank ifsc code
- Ratnakar Bank ifsc code
- Rbi Pad Ahmedabad ifsc code
- Rbl Bank ifsc code
- Reserve Bank Of India ifsc code
- Reserve Bank Of India Pad ifsc code
- Reserve Bank Of India Pad ifsc code
- Sadhana Sahakari Bank ifsc code
- Sahebrao Deshmukh Cooperative Bank ifsc code
- Samarth Sahakari Bank ifsc code
- Sant Sopankaka Sahakari Bank ifsc code
- Santrampur Urban Cp Bank ifsc code
- Saptagiri Grameena Bank ifsc code
- Saraspur Nagarik Co Operative Bank ifsc code
- Saraswat Bank ifsc code
- Sarjeraodada Naik Shirala Sahkari Bank ifsc code
- Sarva Haryana Gramin Bank ifsc code
- Sarva Up Gramin Bank ifsc code
- SS bank ifsc code
- Saurashtra Gramin Bank ifsc code
- Sber Bank ifsc code
- Sbm Bank Mauritius ifsc code
- Shikshak Sahakari Bank ifsc code
- Shinhan Bank ifsc code
- Shivajirao Bhosale Sah Bank ifsc code
- Shivalik Mercantile Co Operative Bank ifsc code
- Shivneri Sahakari Bank ifsc code
- Shree Mahalaxmi Coop Crd Bk ifsc code
- Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank ifsc code
- Shri Kanyaka Nagari Sahakari Bank ifsc code
- Shri Narsinha Saraswati Sahakari Bank ifsc code
- Shri Veershaiv Coop Bank ifsc code
- The Sindhudurg District Central Coop Bank ifsc code
- Sindhudurg Bank ifsc code
- Sir M Visvesvaraya Co Operative Bank ifsc code
- Sidbi ifsc code
- Societe Generale ifsc code
- Solapur Janata Sahakari Bank ifsc code
- Sonali Bank ifsc code
- South Indian Bank ifsc code
- Sree Anjaneya Coop Bank ifsc code
- Sree Bhyraveshwara Sahakara Bank Niyamitha ifsc code
- Sree Charan Souhardha Coop Bank ifsc code
- Standard Chartered Bank ifsc code
- Sbbj ifsc code
- Sbh ifsc code
- Sbi ifsc code
- State Bank Of Mauritius ifsc code
- Sbm ifsc code
- Sbp ifsc code
- Sbt ifsc code
- Subhadra Local Area Bank ifsc code
- Sumitomo Mitsui Banking Corporation ifsc code
- Sundarlal Sawji Urban Co Op Bank ifsc code
- Surat National Cooperative Bank ifsc code
- Suryoday Small Finance Bank ifsc code
- Sutex Cooperative Bank ifsc code
- Sutlej Gramin Bank ifsc code
- Syndicate Bank ifsc code
- Tamilnad Mercantile Bank ifsc code
- Tamluk Ghatal Central Co Operative Bank ifsc code
- Teachers Cooperative Bank ifsc code
- Tehri Garhwal Zila Sahkari Bank ifsc code
- Telangana Grameena Bank ifsc code
- Tscab ifsc code
- Tellicherry Co Operative Urban Bank ifsc code
- Textile Traders Co Operative Bank ifsc code
- Dccb Adilabad ifsc code
- The Adilabad District Co Operative Central Bank ifsc code
- Ajara Urban Co op Bank ifsc code
- The Akola District Central Cooperative Bank ifsc code
- The Alnavar Urban Co Operative Bank ifsc code
- The Alwar Central Coop Bank ifsc code
- The Amravati District Central Co operative Bank ifsc code
- The Andhra Pradesh State Cooperative Bank ifsc code
- The Ankola Urban Cooperative Bank ifsc code
- The AP Mahesh Cooperative Urban Bank ifsc code
- The Arsikere Urban Cooperative Bank ifsc code
- The Bank Of Nova Scotia ifsc code
- The Bank Of Tokyo Mitsubishi Ufj ifsc code
- The Baramati Sahakari Bank ifsc code
- The Barmer Central Coop Bank ifsc code
- The Bellary District Central Co Operative Bank ifsc code
- The Bharatpur Central Coop Bank ifsc code
- The Chandrapur District Central Co Operative Bank ifsc code
- The Chikhli Urban Co Op Bank ifsc code
- The Coop Bank Of Rajkot ifsc code
- The Cosmos Co Operative Bank ifsc code
- The Cumbum Coop Town Bank ifsc code
- The Delhi State Cooperative Bank ifsc code
- The Dist Co Operative Central Bank ifsc code
- The District Cooperative Central Bank ifsc code
- The District Cooperative Central Bank Kakinada ifsc code
- The District Cooperative Central Bank Visakhapatnam ifsc code
- The Gadchiroli District Central Cooperative Bank ifsc code
- The Ganganagar Kendriya Sahakari Bank ifsc code
- The Gauhati Coop Urban Bank ifsc code
- The Gayatri Co Op Urban Bank ifsc code
- The Goa State Co operative Bank ifsc code
- The Goa Urban Co Op Bank ifsc code
- The Godhra City Co Op Bank ifsc code
- The Greater Bombay Cooperative Bank ifsc code
- The Gujarat State Cooperative Bank ifsc code
- The Guntur Coopertive Urban Bank ifsc code
- The Guntur District Co Operative Central Bank ifsc code
- The Guruvayur Co Operative Urban Bank ifsc code
- The Hasti Co Op Bank ifsc code
- The Hasti Coop Bank ifsc code
- The Hospet Co Op City Bank ifsc code
- The Hospet Coop City Bank ifsc code
- The Howrah District Central Co Opertaive Bank ifsc code
- The Hyderabad Distrcit Cooperative Central Bank ifsc code
- The Hyderabad District Co Operative Central Bank ifsc code
- The Jaipur Central Coop Bank ifsc code
- The Jalgaon Peopels Cooperative Bank ifsc code
- The Janta Coop Bank ifsc code
- The Jodhpur Central Coop Bank ifsc code
- The Kangra Central Cooperative Bank ifsc code
- The Kangra Cooperative Bank ifsc code
- The Karad Urban Cooperative Bank ifsc code
- The Karanataka State Cooperative Apex Bank ifsc code
- The Karimnagar District Co Operative Central Bank ifsc code
- The Kerala State Co Operative Bank ifsc code
- The Khammam District Co Operative Central Bank ifsc code
- The Konark Urben Co Op Bank ifsc code
- The krishna district cooperative central bank ifsc code
- The Kurmanchal Nagar Sahakari Bank ifsc code
- The Mahaboobnagar District Co Operative Central Bank ifsc code
- The Mahila Urban Coop Bank ifsc code
- Malkapur Urban Co Operative Bank ifsc code
- The Mapusa Urb Coop Bank Of Goa ifsc code
- The Medak District Co Operative Central Bank ifsc code
- The Meghalaya Co operative Apex Bank ifsc code
- The Mehsana Urban Cooperative Bank ifsc code
- The Mumbai District Central Cooperative Bank ifsc code
- The Municipal Cooperative Bank ifsc code
- Muslim Co operative Bank ifsc code
- The Nagaur Central Coop Bank ifsc code
- The Nagpur District Central Co op Bank ifsc code
- The Nalgonda District Co Operative Central Bank ifsc code
- The Nasik Merchants Cooperative Bank ifsc code
- The Navnirman Co Operative Bank ifsc code
- The Nilambur Co Operative Urban Bank Nilambur ifsc code
- The Niphad Urban Cooperative Bank ifsc code
- The Nizamabad District Co Operative Central Bank ifsc code
- The Nizamabad District Cooperative Central Bank ifsc code
- OSCB ifsc code
- The Pali Central Coop Bankltd ifsc code
- The Pandharpur Urban Co Op Bank ifsc code
- The Pandharpur Urban Co Op Bank Pandharpur ifsc code
- The Pij Peoples Co Op Bank ifsc code
- Pusad Urban Cooperative Bank ifsc code
- The Rajasthan State Cooperative Bank ifsc code
- The Royal Bank Of Scotland N V ifsc code
- The Sarvodaya Nagarik Sahakari Bank ifsc code
- The Satara Sahakari Bank ifsc code
- The Seva Vikas Cooperative Bank ifsc code
- The Shamrao Vithal Cooperative Bank ifsc code
- The Sirsi Urban Sahakari Bank ifsc code
- The Surat District Cooperative Bank ifsc code
- The Surath Peoples Cooperative Bank ifsc code
- The Tamil Nadu State Apex Cooperative Bank ifsc code
- The Thane Bharat Sahakari Bank ifsc code
- The Thane District Central Cooperative Bank ifsc code
- The Thiruvananthapuram District Co Operative Bank ifsc code
- The Tiruvalla East Cooperative Bank ifsc code
- The Udaipur Central Coop Bank ifsc code
- The Urban Co Operative Bank No One Seven Five Eight Perinthalmanna ifsc code
- The Varachha Cooperative Bank ifsc code
- The Vejalpur Nagrik Sahakari Bank ifsc code
- The Vijay Co Operative Bank ifsc code
- The Vishweshwar Sahakari Bank ifsc code
- The Warangal District Co Operative Central Bank ifsc code
- The West Bengal State Cooperative Bank ifsc code
- The Yavatmal District Central Cooperative Bank ifsc code
- The Yavatmal Urban Co Op Bank ifsc code
- The Zoroastrian Cooperative Bank ifsc code
- Thrissur District Co Operative Bank ifsc code
- Tirupati Urban Coop Bank ifsc code
- Tjsb Bank ifsc code
- Tripura Gramin Bank ifsc code
- Tumkur Dcc Bank ifsc code
- Tumkur Grain Merchants Cooperative Bank ifsc code
- Uco Bank ifsc code
- Ujjain Nagrik Sahakari Bank ifsc code
- Ujjivan Small Finance Bank ifsc code
- Union Bank Of India ifsc code
- United Bank Of India ifsc code
- United Merc Coop Bank ifsc code
- United Overseas Bank ifsc code
- Up Postal Primary Cooperative Bank ifsc code
- Utkal Grameen Bank ifsc code
- Utkarsh Small Finance Bank ifsc code
- Uttar Banga Kshetriya Gramin Bank ifsc code
- Uttar Bihar Gramin Bank ifsc code
- UPCBL ifsc code
- Uttarakhand Gramin Bank ifsc code
- Uttarkashi Zila Sah Bank ifsc code
- Vananchal Gramin Bank ifsc code
- Vardhaman Mahila Coop Urban Bank ifsc code
- Vasai Janata Sahakari Bank ifsc code
- Vasai Vikas Sahakari Bank ifsc code
- Vidharbha Konkan Gramin Bank ifsc code
- Vidyasagar Central Co Operative Bank ifsc code
- Vijaya Bank ifsc code
- Wai Urban Coop Bank ifsc code
- Westpac Banking Corporation ifsc code
- Woori Bank ifsc code
- Yes Bank ifsc code
- Zila Sahakri Bank Ghaziabad ifsc code
- Zila Sahkari Bank ifsc code
- Zila Sahkari Bank Lucknow ifsc code
How to Search IFSC/ MICR / BSR / SWIFT Codes of all banks in India?
In order to get above codes, first click respective bank, followed by state, district and branch where your have account.
What is IFSC code?
IFSC is a short of Indian Financial System Code which is an alphanumeric code that facilitates electronic funds transfer in India. A unique Code identifies particular branch of a participating bank in the two main Payment and settlement systems in India: namely RTGS and NEFT which are used to route the messages to the destination banks/branches on payment settlement.
Format of IFSC and it's Use: Indian Financial System Code consist of 11-characters with the 1st four alphabetic characters representing the bank name, and the last six characters (Numaric or Alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. To make payment online through fund transfer from one branch to another the IFSC is required. We know that IFSC is printed on bank cheques.
What is MICR?
MICR- Magnetic Ink Character Recognition. To make NEFT(National Electronic Fund Transfer) Quick and efficient RBi introduced 9 digit MICR, in which first 3 digit corresponds to city code,next 3 digit to bankcode and later 3 digit to branchcode.
What is BSR and Where it is Used?
BSR stands for BASIC STATISTICAL RETURNS. It is a 7-digit code allotted to banks by Reserve Bank of India. When filling TDS/TCS returns BSRcode is used in challan details and deductee details. BSR code is different from the branchcode used for bank drafts, etc. This code is unique for each individual branch of a bank. Basic Statistical Returns is a system which initiates to integrate the data relating to various commercial banks and promotes the filling of the same with RBI at regular intervals. BSR code is used in a unique challan identification number (CIN) which also comprises of the date of deposit (dd/ mm/ yy i.e. six digits) and the challan serial number in 5 digits. CIN will be unique for each challan throughout the country and will be used for identifying the challan in the OLATS. This code will also be helpful for a pensioner who retires from GOVT. OF INDIA (Central Government employee) to get their pension, the Bank A/C No. along with the bank BSR code can be used by the pensioners to get their pension.
Online payment throgh e-banking:
Now-a-days, the world became a small village due to internet. We can buy/purchase things/items from different parts of the world like if we are from India we can buy Apple Iphone from US through online shopping and you can make payment also online. IFSC is used for online banking. Online mode of payments such as insurance premium payments, Mobile bill payments, Electricity bills, Water bills, Bus tickes, Train ticket and flight ticket booking, online shopping payment, loan emi payments, stock exchange online Share/equity/commodities Trading a/c Fund Transfer, purchasing mutual funds, bonds, buying digital gold, paytm transactions. domain renewals, purchasing cloths online like myntra, Flipkart, amazon, jabong where you need to add IFSC at the time when you wish to refund money to your bank account.