IFSC Codes Directory
List of IFSC codes, address details of all bank branches in India. Search for IFSC codes to use for bank transactions like NEFT, RTGS and IMPS.
What is an IFSC Code?
The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies all banks and their respective branches participating in the online funds transfer process.
The IFSC Code is assigned to each bank branch by the Reserve Bank of India (RBI) to monitor online money transfers. The electronic or online transactions for transferring funds via NEFT (National Electronic Fund Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate Payment System) cannot be initiated without a valid IFSC Code.
Features of IFSC Code
- IFSC code enables convenient and hassle-free transfers of funds from one bank account to another. The use of IFSC Code is mandatory in facilitating all electronic or online transfers of funds via NEFT, RTGS, or IMPS.
- IFSC codes are used by the RBI to keep track of banking transactions, thereby minimizing the chances of any discrepancies in the fund transfer process.
- IFSC codes help in the unique identification of all banks and their respective branches, helping customers to avoid any possible errors.
- IFSC codes help users to carry out the fund transfer process securely, eliminating the possibility of any fraudulent activity in the online fund transfer process.
Credit Card IFSC Code
The bank branch IFSC code varies from branch to branch, but the credit card IFSC code for a particular bank will remain the same across the country.
|Bank name||Credit Card IFSC Code|
|Punjab National Bank||PUNB0112000|
|State Bank of Bank||SBIN00CARDS|
Bank IFSC Code Format
The 11-character IFSC code combines 3 essential components, namely
- The first 4 characters represent the bank code
- The 5th character is 0
- The last 6 characters represent the specific branch code
|Bank Code||0||Branch name code|