The last three characters of the code can be digits and letters, and are optional.

These last three characters in a SWIFT code are used to give details about the branch code. These codes play an important role in various bank transactions, especially when it comes to international transactions. A SWIFT code may also be used by various banks to transfer other messages. The MICR code is usually printed on the bottom of the cheque leaf which facilitates easy processing.

Find Financial Institution Ifsc Code

With online IFSC code finder, you can easily find the IFSC code according to the location you need. To find the IFSC code of the bank, you need to select the name of the bank, state and district where the bank is situated and bank branch. Once providing the details, your bank’s IFSC code will appear along with the information such as your bank, state, district, city, branch, branch code, address and contact number. Funds can be transferred using beneficiary’s MMID and mobile number or else by using account number and IFSC code. By using the mobile application of the respective bank, you can instantly transfer funds anytime.

Bank Codes

We have taken extra care to make our site as user friendly as possible. As the MICR code is printed with magnetic ink, machines can easily read the code, thus minimizes errors. IMPS is a 24 hours service and it is available on all days including holidays. Though it is a mobile based system, many banks offer this service via ATM and net banking too.

Charges will be applied for transactions and it will differ for each bank. Funds can also be transferred via NEFT in online by using internet banking service. There is no maximum and minimum limit for transactions made in NEFT. Before making any fund transfer, you have to check with the bank whether the IFSC code of the recipient account’s bank branch is correct or not, to avoid any wrong transactions.

Real Time Gross Settlement is an electronic fund transfer system which is used to transfer money from one bank account to another. By using the internet banking facility, you can easily transfer funds through RTGS on your own. Funds will be credited to the beneficiary’s account within 30 minutes. National Electronic Funds Transfer is an online fund transfer system supported by Reserve Bank of India . By using NEFT, you can easily transfer funds from one bank account to another bank account. NEFT functions on Deferred Net Settlement in which transactions are settled in batches.

IFS Codes are used when processing bank account payments in India. This is applicable to the half-yearly Returns on Advances from all branches of the bank on the last Friday of June and December. It is in two parts; Part I is for accounts with limits over Rs.10,000 and ICICI bank ifsc code Part II is for accounts with limits below Rs.10,000. The next two characters can be a mix of both numbers and letters. All the information published on this website is strictly for personal use and should never be used without verification, on any kind of transaction.

Bank.codes needs to review the security of your connection before proceeding. The next two characters, only letters, are to describe or give the country code. IFSC or IFS Codes are unique identifiers of financial institutions which are part of the Indian Financial System . This is applicable once in every two months for the Return on Ownership of Bank Deposits from all branches on the last Friday of March. Another identifier we store in our website's database is the MICR code. This free reference website, provides a quick and easy way to locate any Indian bank's IFSC code.

The transferred funds will be credited to the beneficiary’s account within two days. The minimum amount that can be transferred through RTGS is Rs. 2 lakhs and there is no maximum limit. To initiate fund transfer in RTGS, the remitter should have beneficiary’s name, bank name, IFSC code and account number. In order to make transactions through RTGS, both the banks where the remitter and the beneficiary have their account, should contain RTGS facility.