How To Find the Bank IFSC Code?

Bank IFSC Code is an 11 digit alphanumeric digit that is used to uniquely identify the Bank branch. IFSC Code is an acronym for Indian Financial System Code. IFSC Code is very important code that is used to transfer the money from one account to another. Bank IFSC Code is used to transfer money through various methods like RTGS, NEFT, and IMPS.

Importance of IFSC Code?

IFSC Code is a very important code that can be used to transfer funds.
IFSC Code can be used to identify a particular bank branch
This enables the RBI to fasten the process of fund transfer.

How to Find the IFSC Code?

IFSC Code of the bank branch can be found on the bank cheque leaf and Passbook.

You can find the band IFSC Code including all the other details of the bank branch by using a Bank Branch Locator.

How to use Bank Branch Locator?

It is very easy to use the Bank Branch Locator

Select the Bank Branch you want the details of
Select the State where the branch is located
Select the District of the branch
Select the Branch by the name or location.

With a few simple steps you can easily find the bank IFSC Code and you can send funds through all the method of payment easily and fast.

Comments

What Is Mobile Banking And How To Use It?

Mobile is a device that everyone has and uses it to carry around everywhere. Mobile devices are fast featured and compact than a laptop which enables the user to carry it around. The use of the mobile devices is very common with the introduction of Smartphone that delivers the best user experience to the user carrying. Many companies and industries has now integrated the business with the Smartphone to provide seem less experience. This can also be seen on the Banking sector where the mobile devices is now featuring the use of mobile app the can help the user with the banking. Normally, an individual spend a lot of time in lines and waiting for the turn to present to the counter for the banking purposes like money deposit, withdrawal etc . With mobile banking technology the account holder can use the mobile devices to do the payments, fund transfer, and much more that requires the user to visit the ban branch. Basically, there are two types of mobile banking one of...

How Payment Bank Will Change The Banking Sector?

Payment Banks is a new system of the bank that is similar to the traditional banking system but is different in many ways. This type of banks provides their own wallet where the money is stored and the wallet holder does all the transactions from the payment wallet. The payment banks cannot provide loans/ credit card to the customer and only wallet payment or digital debit card is allowed also there is a limitation of maximum Rs.1, 00,000 that can be deposited. Why Payments Bank? In the year 2014 RBI introduced a new model of the banking system by surveying the needs and requirement of the market. This survey is headed by Mr. Nachiket Mor with a team of a financial advisor. The reason for this introduction of the new banking system is- · To introduce low pay grade working class people into the financial system. · To embrace the digital method of payment · ...

How a loan can affect your Credit Score?

What is Loan? A loan is a certain amount of money borrowed from the lender with a contract of returning it with paying principle as well as the interest amount. The interest amount or interest percentage is calculated prior and is fixed throughout the tenure. The payment of the loan is done in a periodic format meaning on monthly bases and this amount consists of principle and the interest. As the duration of loan payment increases the principle from the amount you pay on monthly bases increases and the interest rate decreases. however, it does not mean that the interest rate from the loan amount decreases, the interest rate of the amount will be constant throughout the loan tenure. What is a Credit Score? Credit Score is a three digit number that decides whether you will get a loan or not. It describes your credit history and how trustworthy are you to repay your loan debt. The Credit score ranges from 300 to 900 and higher the number the more amount of loan can be...

askbankifsccode

Search This Blog