Just follow the simple steps below to get the MICR/IFSC code. Get all the information about your bank. This site extends its support to the people looking out for IFSC Code for the banks of their interest. This has been extensively developed for such users by accumulating bank data over a period of time. There are different sections by which IFSC Code can be obtained, user can search by “IFSC CODE Locator” or can also search using the “Search IFSC Code Bank Wise” where users need to fill in the details regarding the Bank, City, State and Branch name.
| SR | BRANCH | ADDRESS |
|---|---|---|
| 1 | 3 EME CENTRE. BHOPAL | PB NO.6, BHOPAL,BAIRAGARH MP 462031 |
| 2 | AGM SME AO BHOPAL | AGM SME AO BHOPAL,STATE BANK OF INDIA,ADMINISTRATIVE OFFICE,LOCAL HEAD OFFICE,HOSHANGABAD ROAD,BHOPAL |
| 3 | AIIMS, BHOPAL | AIIMS CAMPUS, SAKET NAGAR, BHOPAL, DISTT. BHOPAL, MADHYA PRADESH 462024 |
| 4 | AMBLI | SWAGAT PLAZA II,SHOP NO 16,AMBLI ROAD,BOPAL380058 |
| 5 | ANAND NAGAR, BHOPAL | 28 A, RATNAGIRI RAISEN ROAD, DISTRICT BHOPAL.MADHYA PRADESH 462021 |
| 6 | ARERA HILLS BHOPAL | PLOT.NO59,NEW NARMADA BHAWAN,A.WING,GR.FOOR,ARERA HILLS |
| 7 | ASHOK NAGAR | BHOPAL |
| 8 | AWADHPURI BHOPAL | AWADHPURI GRIH NIRMAN SAMITI,NEAR STXAVIER SCHOOL,KALIBARI,DISTBHOPAL462021 |
| 9 | AYODHYA NAGAR | PLOT NO 1 SANTOSHI VIHAR BY PASS ROAD NARELA SANKARIT BHOPAL MADHYA PRADESH 462023 |
| 10 | BAGMUGALIYA BHOPAL | SHRI RADHAKRISHNA SHOPPING COMPLEX,SHRI RAMESHWARAM,BAG MUGALIYA,BHOPAL MP,462026 |
| 11 | BAIRAGARH MAIN MARKET | F-10,MAHATMA GANDHI MARG,,OPP BDA MARKET,BAIRAGARH,BHOPAL,PIN - 462030 |
| 12 | BAIRAGARH, BHOPAL | BAIRAGRAH BHOPAL |
| 13 | BANGRASIA | CHIKLOD -ROAD, VILL- BANGRASIA, TAH-HUJUR, DISTT. BHOPAL, M.P - 462026 |
| 14 | BARKHEDI, BHOPAL | 3 BY 4,NEELAM COLONY NEAR LILY CINEMA,JAHANGIRABAD,BHOPAL |
| 15 | BERASIA | DISTBHOPAL MADHYA PRADESH 463106 |
| 16 | BERASIA ROAD, BHOPAL | SHIV NAGAR,NEAR JAISHREE AUTO PETROL PUMP,KAROND |
| 17 | BERKHERA | BARKHERA, BHOPAL, VIJAY MKT.BHEL, MP 462021 |
| 18 | BHEL PLANT AREA, BHOPAL | OPPOSITE BHEL ADMINISTRATIVE, BUILDING, BHOPAL BHOPAL, PIN - 462022 |
| 19 | BHOPAL | TT NAGAR, BHOPAL,MP |
| 20 | BHOPAL | BAND MASTER CHOWKSULTANIA ROAD BUDHWARABHOPAL |
| 21 | BHOPAL | MALVIANAGART.T.SOUTH ,BHOPAL 462003 |
| 22 | BHOPAL | NEAR CHETAK COMPLEX, M.P. NAGAR, BHOPAL-462011 |
| 23 | BHOPAL | NIRMAL TOWERS BHOPAL |
| 24 | BHOPAL | TATYA TOPE NAGAR BHADBHADA RAOD BHOPAL 462003 |
| 25 | BHOPAL | SHOP NO 4 5 6 NEW KHEDA PATI HANUMAN MANDIR BHEL JUBLEE GATE TO AYODHYA BY PASS ROAD BHOPAL |
| 26 | BHOPAL ARERA COLONY | 17,RISHINAGAR,CHARIMLI462016BHOPALATSBTCOIN |
| 27 | BHOPAL UNIVERSITY, BHOPAL | UNIVERSITY CAMPUS,HOSHANGABAD ROAD, BHOPALBHOPAL, MADHYA PRADESH ,PIN-462026 |
| 28 | BMHRC, BHOPAL | DIST BHOPALSTATE MADHYA PRADESH |
| 29 | BUNDI | RDNCOMPLXHOSHANGABADROADBUDN |
| 30 | CCPC, BHOPAL | DIST BHOPALSTATE MADHYA PRADESHPIN 462011 |
| 31 | CENTRALISED PENSION PROCESSING CENTRE (CPPC) | BHOPAL MADHYAPRADESH |
| 32 | CHANDBARH, BHOPAL | BHOPAL,MADHYA PRADESHBHOPAL, MADHYA PRADESH462010 |
| 33 | CHHOLA ROAD | CHOLA ROAD, BHOPAL, PB NO. 52, MADHYA PRADESH, PIN 462001 |
| 34 | CHOWK BAZAR, BHOPAL | 113,MARWARI ROAD |
| 35 | CIAE, NABIBAGH, BHOPAL | CIAE, NABIBAGH CAMPUS,BERASIA ROAD, BHOPAL 462038 |
| 36 | COMMERCIAL BRANCH, BHOPAL | GROUND FLOOR,LHO BUILDING,HOSHANGABAD ROAD,BHOPAL,BHOPAL 462011 |
| 37 | D B MALL, BHOPAL | M P NAGAR, BHOPAL |
| 38 | DAMOH CITY | DAMOH.CITY,P.B.NO.27,DAMOH,MADHYA.PRADESH,PIN.470661. |
| 39 | DANISH KUNJ BHOPAL | D.K.-2/435 DANISH KUNJ, KOLAR ROAD DISTRIC-BHOPAL PIN-462042 |
| 40 | DHAMARRA | DIST BHOPAL, MADHYA PRADESH 463101 |
| 41 | DISTT COURT ARERA HILLS BHOPAL | DISTRICT COURT CAMPUS,ARERA HILLS,BHOPAL |
| 42 | DOCUMENT ARCHIVAL CENTRE, BHOPAL. | DOCUMENT ARCHIVAL CENTRE, BEHIND MAIDA MILL, HOSHANGABAD ROAD, BHOPAL, DISTT. BHOPAL. MADHYA PRADESH 462011 |
| 43 | DOCUMENT ARCHIVAL CENTRE,UJJAIN | DOCUMENT ARCHIVAL CENTRE, STATE BANK BUILDING, BUDHWARA, DISTT.UJJAIN, MADHYA PRADESH-456010 |
| 44 | DRM OFFICE, HABIBGANJ | DRM OFFICE, HABIBGANJ, BHOPAL, MADHYA PRADESH 462024 |
| 45 | DWARIKADHAM, BHOPAL | WARDNO75,INFRONT-OF-SAGAR-GARE-REASTAURENT,NEW-JAIL-ROAD,SANJAY-NAGAR,KAROND,BHOPAL,DISTT.BHOPAL,M.P462038 |
| 46 | ELEVEN MILE SQUARE, HOSHANGABAD ROAD, BHOPAL | PLOTNO59312,RATANPURROAD,NEWBYPASS,HOSHANGABADROADJUNCTION,BHOPAL,DISTT.BHOPAL.MADHYAPRADESH462026 |
| 47 | ENGINEERING COLLEGE, BHOPAL | RGPV CAMPUSBHOPAL 462 001 |
| 48 | ENGLISH VILLA, BHOPAL | GEHUNKHEDA, PANJIKRIT , NAYA 28 KOLAR, WARD NO.81, ZONE 19, BHOPAL, DIST.BHOPAL, MADHYA PRADESH-462042 |
| 49 | FANDA | TEELA KHEDI ROAD,NEW BUS STAND,VILLAGE AND POST FANDA,DISTT.BHOPAL.MADHYA PRADESH 462030 |
| 50 | FATEHGARH | KAMLA PARK,,VIP ROADBHOPAL, MADHYA PRADESH462001 ,PIN-462001 |
| 51 | FUNDS SETTLEMENT LINK OFFICE (FSLO) BHOPAL | SGLO DEPTT BHOPALHOSHANGABAD ROAD BHOPAL |
| 52 | GANDHI NAGAR, BHOPAL | PLOT NO. H 2, ADARSH SOCIETY, NEW AIRPORT ROAD, BHOPAL, DISTT. BHOPAL. MADHYA PRADESH462030 |
| 53 | GAUTAM NAGAR BHOPAL | M-187, GAUTAM NAGAR, MAIN ROAD, BHOPAL -462023 |
| 54 | GHAMAPUR, JABALPUR | NEAR SHEETLA MATA MANDIR, GHAMAPUR, JABALPUR, DISTT.JABALPUR. MADHYA PRADESH-482001. |
| 55 | GOVINDPURA, BHOPAL | BEHIND WORKING WOMEN HOSTEL,GOVINDPURA ,BHOPAL ,MADHYA PRADESH ,PIN - 462023 |
| 56 | HABIBGANJ, BHOPAL | 4,ROOR HOUSE M P NAGAR ZONE II BHOPAL |
| 57 | HAMIDIA ROAD | 7, HAMIDIA ROAD, BHOPAL, MADHYA PRADESH, PIN 462029 |
| 58 | HET BHOPAL | H.E.T. BHOPAL, PIPLANI BHOPAL, MADHYA PRADESH, PIN 462021 |
| 59 | HOSANGABAD ROAD BHOPAL | THE C 21 MALL, GF, CORPORATE ZONE 1, HOSHANGABAD ROAD, BHOPAL 462026 |
| 60 | HOSHANGABAD ROAD, BHOPAL | 15,SURENDRA PALACE,VIDHYAVIHAR,HOSHANGABAD ROAD |
| 61 | IDGAH HILLS ,BHOPAL | 36,CAMBRIDGE SCHOOL ROAD,IDGAH HILLS |
| 62 | IIFM BHOPAL | IIFM BHOPAL,IIFM CAMPUS,NEHRU NAGAR,BHOPAL,DISTBHOPAL462003 |
| 63 | IISER CAMPUS | VILLAGE BHOURI, INDORE BYPASS ROAD, BHOPAL-462030 |
| 64 | J.P HOSPITAL BHOPAL | J P HOSPITAL CAMPUS,1250 QURTERS,TULSI NAGAR |
| 65 | JATKHEDI, BHOPAL | JATKHEDI, 58-JYOTI NAGAR, IN FRONT OF CENTRAL SCHOOL NO.03, BHOPAL, DISTT.BHOPAL. MADHYA PRADESH-462024 |
| 66 | JAWAHAR CHOWK, BHOPAL | PLOT NO.22,MLA QUARTERS,NORTH T.T.NAGAR,ARCHANA PATHOLOGY BLDG. |
| 67 | JEHANGIRABAD | JEHANGIRABAD PB NO. 47 BHOPAL MADHYA PRADESH |
| 68 | JUMERATI | 26 JAWAHAR CHOWK,JUMERATI,BHOPAL,DISTT.BHOPAL.MADHYA PRADESH 462001 |
| 69 | KACHNA | NEARHOUSINGBOARDCOLONY,GREENGLORYPARISAR,KACHNA,RAIPUR,DISTT.RAIPUR.CHHATTISGARH492007 |
| 70 | KATARA BRANCH, BHOPAL | SAGAR GOLDEN PALM, IN FRONT OF SAINT FRANSIS SCHOOL, KATARA HILLS, BHOPAL, DIST.BHOPAL, MADHYA PRADESH- 462043 |
| 71 | KOH E FIZA, BHOPAL | D68,BDA COLONY,KOHEFIZA,BHOPAL |
| 72 | KOLAR ROAD, BHOPAL | 5,ARANYA VIHAR,CHUNA BHATTI,KOAR ROAD |
| 73 | KOLAR ROAD, BHOPAL | CT PLAZA,1ST FLOOR,CHUNA BHATTI,BHOPAL,MADHYA PRADESH |
| 74 | KOTRA SULTANABAD, BHOPAL | B32,KAMLA NAGAR,KOTRA SULTANABAD |
| 75 | LINK ROAD 1, BHOPAL | 4,SHIVAJI NAGAR,NEAR BUS STOP NO6 |
| 76 | LOCAL HEAD OFFICE, BHOPAL | HOSHANGABADROADBHOPAL |
| 77 | M. P. NAGAR, BHOPAL | ZONE II,PLOT NO 128, MARKETING,COMPLEX, BHOPAL,BHOPAL, MADHYA PRADESH ,PIN - 462016 |
| 78 | M.P. ADIVASI VITTA VIKAS NIGAM, BHOPAL | M P ADIVASI VITTA VIKAS NIGAM BRANCH SHYAMLA HILLS LAKE VIEW HOTEL BHOPAL 462001 |
| 79 | MAHAVIR NAGAR | E-3 BY 113 ARERA COLONY,BHOPALBHOPALBHOPAL, MADHYA PRADESH ,PIN-462016 |
| 80 | MANDAKINI | EARNING POINT SHOPPING MALL, SHOP NO. 6 TO 9, KOLAR ROAD, DIST BHOPAL, MADHYA PRADESH 462042 |
| 81 | MANISHA MARKET BHOPAL | B 12,MANSAROVAR COLONY,SHAHPURA,DIST BHOPAL,MADHYA PRADESH 462011 |
| 82 | MANIT, BHOPAL | BHOPAL,MANIT CAMPUS BHOPAL, MADHYA PRADESH 462007 |
| 83 | MARWARI ROAD, BHOPAL | MARWARI ROAD, BLOCK FANDA,TALUK-HUZOOR,BHOPAL, MADHYA PRADESH ,PIN-462001 |
| 84 | MINAL RESIDENCY | CAMPUS OF RAILWAYWORKSHOP,NISHADPURA ROHOPAL |
| 85 | MLA REST HOUSE, BHOPAL | NEW FAMILY BLOCK, NO.1 BHOPAL, PIN - 462003 |
| 86 | MOMAN BADODIYA | STATE BANK OF INDIA,MOHAN BADODIYA BRANCH,NEAR KHUSHI MOTORS,AGARA ROAD MOHAN BADODIYA-465226 |
| 87 | MUNICIPAL CORPORATION | 17,HAPPY VILLA,PEER GATEBHOPAL 462 001 |
| 88 | NAISARAI | STATE BANK OF INDIA,NAISARAI BRANCH,HOUSE OF TANJEER KHAN,NEHA COMPLEX NEAR BUS STAND,NAISARAI - 473332 |
| 89 | NARMADA BHAWAN, BHOPAL | NARMADA BHAWAN,TULSI NAGAR,LINK ROAD NO.2 |
| 90 | NAYAGAON | NAYAGAON.RAMPUR,MPEB.CAMPUS,JABALPUR,MADHYA.PRADESH,PIN.482008. |
| 91 | NEELBAD | NEELBAD, BARKHEDI NATHU , DISTT. BHOPAL,MADHYA PRADESH |
| 92 | NEHRU NAGAR | BHOPAL MP |
| 93 | NEORI HILLS | BLDG. NO. DM 39 A , DRONANCHAL TOP, NEORI HILLS, AIR PORT ROAD, BHOPAL,MADHYA PRADESH 462038 |
| 94 | NEW TRANSPORT NAGAR BHOPAL | PLOT NO-46,SECTOR - A,RANI AWANTI BAI TRANSPORT NAGAR,PO - SUBHASH NAGAR,TAH-KUZUR,RAISEN ROAD,KOKTA BY-PASS,BHOPAL - 462023 |
| 95 | OFFICE ADMIN SECTION, BHOPAL | HAMIDIA ROAD BHOPAL |
| 96 | OLD SECRETARIATE | BHOPAL 462 001 |
| 97 | PARWALIYA SADAK | NH 12,PARWALIYA ROAD BHOPAL 462030 |
| 98 | PBB BHOPAL | E 3 BY 116, ARERA COLONY,TEH-HUJUR, BLOCK-FANDABHOPAL, MADHYA PRADESH ,PIN-0 |
| 99 | PBB LALGHATI, BHOPAL | JANKI NAGAR,GUFA MANDIR ROAD, LALGHATI,BHOPAL,DISTT.BHOPAL, MADHYA PRADESH-462030 |
| 100 | PBB NEW MARKET | TT NAGAR,BHOPAL,DISTBHOPAL462003 |
| 101 | PHQ, BHOPAL | POLICE HQ,TEHANGIRABHOPAL 462 008 |
| 102 | RACC BERASIA R AND DB | MAIN BRANCH BERASIA, DISTT BHOPAL M P |
| 103 | RACPC TWO BHOPAL | RACPC-2, GROUND FLOOR, CHINAR IN-CUBE BUSINESS CENTRE, CHINAR FORTUNE CITY, HOSHANGABAD ROAD, BHOPAL - 462026 |
| 104 | RACPC, BHOPAL | RETAIL ASSETS CREDIT PROC CELL, BHOPAL |
| 105 | RATIBAD | RATIBAD, PO- RATIBAD,TAH-HUZUR, BHOPAL-462044 |
| 106 | RBO2 BHOPAL | SBI RBO2 ARERA HILLS BHOPAL DISTTBHOPAL MADHYA PRADESH462011 |
| 107 | REGIONAL BUSINESS OFFICE, REGION 1, BHOPAL | LOCAL HEAD OFFICE, FIRST FLOOR, HOSHANGABAD ROAD, BHOPAL, DISTT.BHOPAL. MADHYA PRADESH 462011 |
| 108 | REGIONAL COLLEGE OF EDUCATION, BHOPAL | SHYAMLA HILLS,BHOPAL,BHOPAL,BHOPAL,462013 |
| 109 | ROHIT NAGAR BAWADIYA KALAN | 466, ROHIT NAGAR NO.1, BAWADIYA KALAN, BHOPAL,DISTT. BHOPAL. MADHYA PRADESH 462039 |
| 110 | ROYAL MARKET, BHOPAL | ROYAL MARKET,SULTANIYA ROAD BHOPAL 462001 MP |
| 111 | RUNAHA | RUNAHA |
| 112 | RUSSEL CHOWK, JABALPUR | ADMINISTRATIVE OFFICE, VIJAY NAGAR, JABALPUR. |
| 113 | S.A.R.C. BHOPAL | DISTBHOPAL STATE MADHYA PRADESH PIN462011 |
| 114 | SALAIYA | P.NO.129ESECTOR,W.NO.83,SARDARVALLABHBHAIPATELAWASIYAYOJNASALAIYA,DISTT.BHOPAL.MADHYAPRADESH462039 |
| 115 | SATPURA BHAVAN, BHOPAL | SATPURA BHAVAN, ARERA HILLS, BHOPAL |
| 116 | SBILD BHOPAL | STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT,SULTANIA ROAD,OPP BSNL OFFICE,BHOPAL-462001 |
| 117 | SERVICE BRANCH BHOPAL | ROOR HOUSE,4,M P NAGAR,ZONE II |
| 118 | SERVICE BRANCH, BHOPAL | 129,ZONE11,MAHARANAPRATAPNAGAR,BHOPAL, |
| 119 | SHAHJAHANABAD, BHOPAL | 79,THANA ROAD |
| 120 | SHAHPURA, BHOPAL | E 5 BY A,GIRISH KUNJ,PARYAVARAN PARISAR,ARERA COLONY,BHOPAL |
| 121 | SHAKTINAGAR, BHOPAL | PLOT NO 18,SCTOR I,SHAKTI NAGAR BHOPAL |
| 122 | SHASTRI NAGAR | THENGARIBHAWAN,BHARTIYAMAJDOORSANGHKARYALAYA,BHARATMATACHOURAH,BHOPAL,DISTT.BHOPAL,MADHYAPRADESH462003 |
| 123 | SHIVAJI NAGAR, BHOPAL | BHOPAL, MADHYA PRADESH ,PIN - 462016 |
| 124 | SIRONJ | SIRONJ,PO,SIRONJ,DISTVIDISHA,MP,DISTVIDISHA464228 |
| 125 | SME PANDHURNA | SME PANDHURNA BRANCH, NEAR BUS STAND PANDHURNA, CHHINDWARA-480334 |
| 126 | SMECCC, BHOPAL | SBI SULTANA ROAD BRANCHBHOPAL |
| 127 | SONAGIRI, BHOPAL | H7,SARLA TOWER,OPP.PIPLANI PETROL PUMP |
| 128 | SPECIAL RARB, BHOPAL | LOCAL HEAD OFFICE BUILDING,GROUND FLOOR ,HOSHANGABAD ROAD BHOPAL ,PIN - 462001 |
| 129 | SPECIALISED CURRENCY ADMINISTRATION BRANCH, BHOPAL | S B I SULTANIA BRANCH PREMISES,STATE BANK CHOURAHA,BHOPAL,462001 |
| 130 | SPECIALISED GOVT. BUSINESS BRANCH BHOPAL | SULTANIA ROAD,BHOPAL MP,DISTBHOPAL462001 |
| 131 | SPECIALISED HOUSING FINANCE, BHOPAL | 129 ZONE II M P NAGARBHOPAL ,BHOPAL ,PIN - 462011 |
| 132 | SSI GOVINDAPURA | GOVINDPURA, BHOPAL,INDUSTRIAL AREA BHOPAL, MADHYA PRADESH4 62023 |
| 133 | SULTANIA INFANTRY LINES BHOPAL | T 92 SULTANIA INFANTRY LINES BHOPAL,DISTBHOPAL462001 |
| 134 | SULTANIA ROAD BHOPAL | BHOPAL, MADHYA PRADESH |
| 135 | T.T. NAGAR, BHOPAL | 20,PANCHANAN BHAWAN, |
| 136 | TRADERS BRANCH | Traders branch Bhopal,MP Nagar 462011 |
| 137 | UDAYACHAL BHOPAL | HOSHANGABAD ROAD, BHOPAL, M.P., PIN - 462011 |
| 138 | VALLABH BHAWAN, BHOPAL | NEW.SECRETARIAT.BUILDING,BHOPAL,PIN.462004 |
| 139 | VASANT KUNJ, BHOPAL | E8 BY 9,SHIVA KUNJ,RAILWAY COLONY,GULMOHAR COLONY,12NO BUS.STOP |
| 140 | VINDHYACHAL BHAVAN | VINDHYACHAL BHAVAN, STATE BANK OF INDIA,BHOPAL PIN - 462011 |
| 141 | WAGONCOACHFACTORY, BHOPAL | WARDNO.37,GOSWAMI-COMPLEX,KRISHNA-NAGAR,COACH-FACTORY-ROAD,KRISHNA-NAGAR,COACH-FACTORY-ROAD,NEARSTUTI-COLONY,BHOPAL,DISTT.BHOPAL.M.P.462010 |
| 142 | WHOLESALE MARKET BRANCH, BHOPAL | KAROND MANDI, BERASIA ROAD, BHOPAL, DIST.BHOPAL, MADHYA PRADESH-462038 |
Here You can find the IFSC Code & MICR for Banks in India. If you do online transaction then you have to use the IFSC code. IFSC used to identify a participating bank branch in the NEFT SFMS message. IFSC code is required for bank account holders to transfer funds online or to send money online from their account to another person's account. In short, we can say that this code is a small address of a bank branch. So let's understand what is the IFSC code?
An eleven character code is used to identify any bank branch. This code is called IFSC code. IFSC is an abbreviation of the Indian Financial System Code Which is the unique code of each Bank Branch. What we call IFSC code in short. This is an alpha-numeric code of 11 digits. This helps in finding the details of all bank branches in India. RBI can easily identify any branch in India because of the IFSC code. This code has been given to every bank branch which facilitates the NEFT Transaction system. This system is designed for domestic use only in India.
The Reserve Bank of India has created the NEFT network. IFSC codes are covered under it. Which helps in sending money through RTGS, IMPS or NEFT. IFSC Codes are used by no.of banking institutions in India to carry out RTGS and NEFT transfers. IFSC India Codes are also used for streamlining and identifying monetary transactions between different bank branches and accounts. For these listed bank branches that are participating in NEFT or RTGS, you can check the IFSC Codes.
IFSC code of bank and branch is required to fund transfer from any bank to other bank. This method used for transfer payment for insurance, expense, purchase, mobile bills payment, bus, flight ticket booking, online shoppings and many more.
The Indian Financial System Code (IFSC) is used to facilitate electronic funds transfer within India. Here are some reasons why the IFSC code is used:
Overall, the IFSC code is an essential component of the electronic funds transfer system in India, helping to facilitate seamless and secure transfer of funds between bank accounts within the country.
STATE BANK OF INDIA SBI IFSC code is used for online fund transfer transactions via Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS). The main motive of the IFSC is to make internet banking simple and safe.
National Electronic Fund Transfer is known as NEFT. NEFT is a popular Online Fund Transfer System. Using NEFT you can transfer money from one bank or bank branch to another.
Real Time Gross Settlement is known as RTGS. RTGS is used for settling financial transactions through online. To initiate RTGS payment you need to enter the IFSC code of the selected Bank Branch. By using RTGS method you can make payments in a simplified manner. Hence you can easily find your IFSC code for any of the Banks, Bank Branches in India.
| Payment Service | NEFT | RTGS | IMPS | UPI |
|---|---|---|---|---|
| Full Form | National Electronic Fund Transfer | Real Time Gross Settlement | Immediate Payment System | Unified Payments Interface |
| Process | Transfer funds in just two hours | Instant | Instant | Instant |
| Transfer Limit | Re.1 to No limit | Rs.2 lakh to No limit | Re.1 to Rs.2 lakh | Rs 1 Lakh or 10 Transactions (calculated on 24 Hours basis) |
| Operational Timings | Available 24*7, 365 days | Monday to Saturday (Except 2nd and 4th Saturday and bank holidays) - 7:00 AM to 5:00PM | Available 24*7, 365 days | Available 24*7, 365 days |
| Inward Transaction Charges | No charges | No charges | Decided by individual member banks and PPIs | No charges |
Yes, it is generally safe to share your IFSC (Indian Financial System Code) code with trusted parties such as your employer, clients, or friends who need to transfer funds to your bank account. The IFSC code is used to initiate electronic funds transfer such as National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) in India, and is required to transfer funds to your bank account.
However, while sharing your IFSC code, you should take some precautions to ensure that your bank account details are kept secure. Here are some tips to keep in mind:
By following these tips, you can ensure that your IFSC code is shared securely and that your bank account details are kept safe from fraudsters and unauthorized access.