First, Select Bank Name then select State then select District and then finally select branch to find all the details.
Click on the bank name to find IFSC code and other details.
NEFT stands for National Electronic Funds Transfer. This is a payment mode that uses electronic funds transfers to move funds from one bank account to another. It enables customers to make direct transfers without having to go through a wire facility or a correspondent bank. The transfer can be initiated by either the sender or the receiver and does not require any third party involvement like in RTGS and IMPS transactions.
RTGS stands for Real-time gross settlement and it is an electronic fund transfer system that enables users to make instant payments across global boundaries. It operates as a link between banks that offers real-time gross settlement of transactions. This makes it faster than other modes of fund transfer like IMPS.
IMPS stands for Immediate Payment Service and it is an almost instantaneous mode of money transfer that works with telecommunication networks like telephone, fax, e-mail and internet banking facilities. It eliminates the need for messages to travel across borders before being settled in the banks so that they can be used by the respective receivers. It offers increased security over other modes of fund transfer as it uses digital signatures for authentication purposes
The bank branch code is a part of the IFSC code. The last six characters in the IFSC code define the specific branch of the bank.
You can find bank details by IFSC Code, MICR Code, Branch Name, Bank Name
No, the IFSC code and branch code are not the same.
Yes, You can find all the bank branches which were closed.
IFSC is an 11 character alphanumeric code. first four characters indicate the name of the bank and Last 6 digits represent the bank branch location. MICR is a 9-digit code. first six digits represent the city code where the bank branch is located and Last three digits indicate the code of the bank branch.
IFSC - Indian Financial System Code, MICR - Magnetic Ink Character Recognition, NEFT - National Electronic Fund Transfer, RTGS - Real Time Gross Settlement, and ECS - Electronic Clearance Service.