Complete Guide to IFSC Codes: Everything You Need to Know About Indian Banking Codes
Learn How IFSC Codes Work, Where to Find Them, and Their Importance in Secure Online Transactions
What is an IFSC Code and Why is it Important?
The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned to each bank branch by the Reserve Bank of India (RBI). This code plays a crucial role in online banking transactions, enabling NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).
An IFSC code consists of:
The first four characters representing the bank name
The fifth character is always zero (0)
The last six characters denote the branch code
For example, the IFSC code SBIN0001234 represents State Bank of India, Branch Code 1234.
Difference Between IFSC Code and MICR Code
Many people confuse IFSC codes with MICR codes, but they serve different purposes:
Feature IFSC Code MICR Code
Purpose Used for online fund transfers Used for processing cheques
Format 11-character alphanumeric 9-digit numeric
Issued By RBI RBI
Usage NEFT, RTGS, IMPS transactions Cheque clearance
Find your bank's IFSC and MICR codes easily on BankIFSCodeIndia.com!
How to Verify an IFSC Code Before a Transaction?
To avoid transaction failures, it's crucial to verify the IFSC code before sending money. Here's how:
✅ Use BankIFSCodeIndia.com – We offer a real-time IFSC search tool to ensure accuracy.
✅ Check Your Bank Statement – IFSC codes are printed on bank statements and passbooks.
✅ Verify with the Bank – You can contact your bank branch to confirm the IFSC code.
Incorrect IFSC codes can lead to delayed or failed transactions, so always double-check before making a transfer!
How to Find IFSC Code of Any Indian Bank?
Finding an IFSC code is essential for making online transactions in India. Here are some easy ways to locate your bank's IFSC code:
1. Bank's Official Website
Most banks provide IFSC codes on their official website under the branch locator section.
2. Your Chequebook or Passbook
The IFSC code is printed on cheques and bank passbooks.
3. RBI Website
The Reserve Bank of India (RBI) maintains a list of all bank IFSC codes.
4. BankIFSCodeIndia.com
We offer a quick and easy search tool to find IFSC codes of all Indian banks. Just enter your bank name, state, district, and branch, and get the exact IFSC code instantly!
How to Use IFSC Code for Online Transactions?
For any online fund transfer, the sender must provide the correct IFSC code. Here's how it works:
Log in to your internet banking or mobile banking app
Enter the beneficiary details (Name, Account Number, IFSC Code)
Select the transaction method – NEFT, RTGS, or IMPS
Enter the amount and confirm the transaction
Using the correct IFSC code ensures that the payment reaches the intended recipient without any delay. BankIFSCodeIndia.com helps you find accurate IFSC codes for all banks in India.
List of Major Banks in India and Their IFSC Codes
Here's a list of some of the leading banks in India along with their IFSC code formats:
State Bank of India (SBI) – SBIN000XXXX
HDFC Bank – HDFC000XXXX
ICICI Bank – ICIC000XXXX
Punjab National Bank (PNB) – PUNB0XXXXXX
Axis Bank – UTIB000XXXX
For a complete list of banks and IFSC codes, visit BankIFSCodeIndia.com, where we provide accurate and up-to-date banking details for all Indian banks.