IFSC Code of Axis Bank, Karnataka, Bangalore, Beml Layout

UTIB0004631

Axis Bank

Axis Bank

IFSC Code

UTIB0004631
MICR Code

560211142
Bank Name Axis Bank
District Bangalore
State Karnataka
Address Upper Ground Floor, 321, Jawahalal Nehru Road, Beml Layout, 5th Stage, Rajarajeshwari Nagar, Bangalore 560098
Phone

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the Axis Bank Branch Near You

List of all Axis Bank Branch IFSC Code

Adugodi

UTIB0005008

UPPER GROUND FLOOR, NO 59 2, VIMRATH TOWER, LASKAN HOSUR ROAD, ADUGODI, BANGALORE
Aecs Layout

UTIB0003362

SITE NO 302 KHATA NO 298 275 302 AECS LAYOUT WARD NO 85 BANGALORE 560037
Agara Ring Road

UTIB0004405

GROUND FLOOR,NO152 RING ROAD, 5TH SECTOR,HSR LAYOUT BANGALORE 560102
Akshay Nagar

UTIB0004226

GROUND FLOOR NO 9 BBMP KHATHA NO 218 9 AKSHAYNAGAR YELANAHALLI 560068
Amruthahalli

UTIB0004648

GROUND FLOOR, 598/16/2/4, AMRUTHAHALLI JAKKUR MAIN ROAD, AMRUTHAHALLI, BANGAORE 560092
AnanthaNagar

UTIB0003404

NO 1388 ANANTHNAGAR PHASE II 12TH CROSS HEBBAGODI PANCHAYATH ELECTRONIC CITY POST BANGALORE 560100
Army Service Center VivekNagar

UTIB0004328

GROUND FLR BLDG NO. MH3SHOPPING COMPLEX ASC CENTRE SOUTHNO2 ASC TRAINING CENTRE AGARAM PT BANGALORE 500064
Attur Layout

UTIB0003265

NO81 YELAHANKA MAIN ROAD 116 ATTUR LAYOUT ATTUR YELAHANKA BANGALOR 560064
Ayyappa Nagar

UTIB0003665

GROUND FLOOR 59, 2ND CROSS, AYYAPPA NAGAR BANGALORE 560036
Bagalur Road

UTIB0004492

GROUND FLOOR,DRARAKANGAR, BAGALUR MAIN ROAD YELAHANKA, BANGALORE 560063
Balagere

UTIB0005689

SY NO 6 5,6 6,7 3,KATHA NO 3631,BALAGERE VARTHUR ROAD,BALAGERE VILLAGE
Banaswadi

UTIB0003198

NO 307 HRBR LAYOUT 1ST BLOCK100 FEET ROADBANASWADI BANGALORE 560043
Belathur Road

UTIB0005690

GROUND FLOOR,CANARY WOODS APARTMENTS,BELATHUR MEDAHALLI MAIN ROAD,K DOMMASANDRA
Bhattarahalli

UTIB0004821

GROUND FLOOR, NO 30, BHATTARAHALLI GATE, OLD MADRAS ROAD, VIRGONAGAR POST BANGALORE
Bhodanahosahalli

UTIB0004923

GROUND FLOOR SY NO1811, HOSKOTE TALUK CHIKKATHIRUPATHI MAIN ROAD BHODANAHOSAHALLI, BANGALORE
Binny Mill Road Branch

UTIB0005765

GROUND FLOOR, NOS 11, 12 AND 13, NO 8, SANKALP BUSINESS BAY, MAGADI ROAD, BANGALORE 560023
Bommasandra

UTIB0004238

1 FLR SITE NO 115 2 117 118 4 PROP 440 115 442 443 1 BOMMASANDRA VIL ATTIBELE HOBLI ANEKAL TAL 560099
Cambridge Layout Bangalore

UTIB0004426

G-1, ASHIRWAD COMPLEX, NO.12, 6 TH CROSS, 3RD MAIN, SOMESHWARPUR, CAMBRIDGE LAYOUT BANGALORE- 560008
Chamarajapet

UTIB0E00009

CHAMARAJAPET SRI RAMA MANDIRA ASSOCIATION, NO. 114, 5TH MAIN ROAD,6TH CROSS, BANGALORE 560 018
Chandralayout

UTIB0003189

UJJNI PEGASUS GROUND FLOOR NO 1557 8TH CROSS CHANDRA LAYOUT BANGALORE 560040
Channasandra Main Road

UTIB0004628

UPPER GOUND FLOOR, 301, 7 TH CROSS, DOMLUR, BANGALORE, 560071
Chickpet

UTIB0003409

NO 5 7 KOMARLA TOWERS NO 349 OTC RD CHICKPET BANGALORE 560053
Chikkabidarakallu Branch

UTIB0006101

NO 95 50 FT ROAD BUDHA JYOTHI LAYOUT CHIKKABIDARAKALLU NAGASANDRA POST
Corporate Banking Branch

UTIB0001541

EXPRESS BUILDING, SECOND FLOOR, NO 1, QUEEN'S ROAD, BANGALORE 560 001
DeviNagar

UTIB0004326

UPPER GR FLR NO211 SRI MARUTHI COMPLEX MARUTHI NAGAR MAIN RD NAGASHETTY HALLI VILLAGE 560094
DodballaPur Main Raod

UTIB0005019

GROUND FLOOR, NO 492B3, AVALAHALLI VILLAGE, OPP TO BMSIT COLLEGE, YELAHANKA, BANGALORE 560064
Dollars Colony Jp Nagarbranch

UTIB0006067

GROUND FLOOR,NO 95,THIRD MAIN ROAD,DOLLARS COLONY,JP NAGAR,BANGALORE
Domlur

UTIB0004650

UPPER GOUND FLOOR, 4, S V TOWERS, KRISHNAGAR INDUSTRIAL LAYOUT, HOSUR MAIN ROAD, BANGALORE, 560029
Dommasandra

UTIB0004632

UPPER GROUND FLOOR, OPP MVJ ENGG COLLEGE, CHANNASANDRA MAIN ROAD, CHANNASANDRA, WHITEFIELD BANGALORE, 560067
Doubleroad IndiraNagar

UTIB0002969

LANAR PRIDE 549 E DOUBLE ROAD INDIRANAGAR 2 ND STAGE BANGALORE 560038
Dr. Modi Hospital Road

UTIB0004290

GROUND FLOOR SKYLINE 879 DR MODI HOSPITAL ROAD BASVESHWARNAGAR BENGALURU 560079
Eighty Ft Rd Shantiniketan Layout Arekere

UTIB0006070

GROUND AND MEZZANINE FLOORS,NO 49,50,51,58,59 AND 60,BDA 80 FT ROAD,NEAR SAI BABA TEMPLE,AREKERE,OFF BANNERGHATTA ROAD
Gandhibazaar

UTIB0003570

GROUND FLOOR SHAM SINGH COMPLEX 535457 GANDHI BAZAAR MAIN ROAD BASAVANAGUDI BANGALORE 560004
GangaNagar

UTIB0003311

NO 326 BELLARY ROAD GANGANAGAR RT NAGAR POST OFFICE BANGALORE PIN560032
Garvebhavipalya

UTIB0003500

FIRST FLR SRI VARAADI TOWERS NO5 9 10 HOSUR MAIN RD GARVEBHAVIPALAYA BANGALORE 560068
Gottigere

UTIB0004071

GR FLR JAYAVIJAYA NO 132 JYOTINAGAR BOHRA LAYOUT GOTTIGERE EXTENSION GOTTIGERE OFF BANNERGHATTA RD BENGALURU 560083
GovindarajaNagar

UTIB0004289

UPPER GR FLR,SRI KRISHNA BLDG NO 29, MAGADI MAIN ROAD,OPP├╜REHEJA PARK, GOVINDARAJANAGAR, BANGALORE 560040
Gunjur Main Road

UTIB0004291

GR FLR APPLE CITYSHOP NOB5 SY NO 2146 KHATHA 86 VARTHUR SARJAPUR MAIN RD OPP HP PETROL BUNK GUNJUR 560087
Halasuru

UTIB0004880

GOUND FLOOR, PRANAVA LAKE VIEW, NO 4, MEANEE AVENUE ROAD, HALASURU BANGALORE
Haralurroad

UTIB0003199

SURVEY NO 23 HARALUR ROAD AMBALIPURA BANGALORE 560102
Hbr Layout

UTIB0003405

RAIYAAN OPEL NO 119 HBR LAYOUT 1STSTAGE 1ST BLOCK BANGALORE 560043
Hebbal Road

UTIB0005536

SRI RAJARAJESHWARI ARCADE, VEERANNA PLAYA, NAGAWARA, OPP LUMBINI GARDEN, BANGALORE 45
HegdeNagar

UTIB0002980

NO 149 80 FT ROAD SHIVARAM KARANTH NAGAR POST HEGDE NAGAR OFF THANISANDRA MAIN ROAD BANGALORE 560077
Hesaraghatta Main Road

UTIB0005495

NO 23 MEI EMP HBCS LAYOUT BAGALGUNTE VILLAGE HESARAGHATTA MAIN ROAD
Hoodi Branch

UTIB0004162

GRD FLR SY NO 20 DODDANAKUNDI 2ND PHASE INDUSTRIAL AREA HOODI VILLAGE K R PURAM HOBLI BANGALORE 560048
Hsr Iv Sector Bangalore

UTIB0004823

UPPER GOUND FLOOR, ENKAY ARCADES, 17TH CROSS, SECTOR IV, HSR LAYOUT, BANGALORE
Hsr Sector

UTIB0006001

1174,24 MAIN HSR SECTOR TWO
Hulimavu

UTIB0004163

RAJA PLAZA GROUND FLOOR SY NO 145 1 KAMMANAHALLI VILLAGE OFF BANNERGHATTA RAOD
Infantry Road

UTIB0003412

NO 73 1 1 GROUND FLOOR KRISHNA INFANTRY RD BANGALORE 560001
Iti Layout

UTIB0004217

GROUND FLOOR 98 ITI LAYOUT HL TANK ROAD NEAR DEEPAK COMPLEX MARTHAHALLI 560056
Itpl Bangalore

UTIB0002971

SHOP 1 CONCOURSE AREA PHASE 2 INFORMATION TECHNOLOGY PARK LTD WHITEFIELD RD BANGALORE 560066
J C Road

UTIB0001688

NO 36, UPPER GROUND FLOOR, J C ROAD, BANGALORE-560002
Jai Bharath Nagar

UTIB0005362

ANDRADE 36, D COSTA LAYOUT, 2ND CROSS, COOKE TOWN, BANGALORE 560084
Jayamahal Extension

UTIB0003079

DF SILVERLINE SILVER RD 12 4 JAYAMAHAL EXTENSION 1 MAIN RD BENGALURU 560046
JayaNagar Fifthblock

UTIB0003283

SITE NO 650 11TH MAIN 5TH BLOCK JAYANAGAR BENGULURU 560041
JayaNagar Third Block

UTIB0003567

SIT NO 71 NEW NO 5 DIAGONAL ROAD 3RD BLOCK JAYANAGAR BANGALORE 560011
Jayangar Fourth T Block

UTIB0006103

991, 981 3912, UNIT NO 003, GROUND FLOOR, RR ELEGANCE AND 23 RD MAIN ROAD, JAYANGAR 4TH T BLOCK, BANGALORE
Jp Nagar

UTIB0004575

UPPER GROUND FLOOR, S.S.A.R TOWERS, 5, 24TH MAIN, 5TH PHASE, OPPOSITE TO ROYAL SCHOOL, JPNAGAR, BANGALORE _x0013_ 560078
Jp Nagar Eight Phase Bangalore

UTIB0005201

30 31 MAHAVEER KOTHNUR MAIN ROAD BK CIRCLE JP NAGAR 8 PHASE BANGALORE
Jp Nagar First Phase

UTIB0005896

NO 10, 2, 9TH CROSS, SARAKKI MAIN ROAD, JP NAGAR 1ST PHASE, BANGALORE
Judicial Layout

UTIB0004994

UPPER GROUND FLOOR NO 1796 8 TH MAIN
Kadubeesanahalli

UTIB0004891

GROUND FLOOR, CLASSIC AURA, KADUBEESANAHALLI VILLAGE, OUTER RING ROAD, BANGALORE
Kadugodi

UTIB0003050

S NO 84 KHATA NO 84 1 NO 09 SRIRAM ARCADE SEEGHALLI MAIN ROAD KADUGODI BANGALORE 560067
KaggadasaPura Main Road

UTIB0003270

NO 51 KAGGADASAPURA MAIN ROAD 12TH CROSS KAGGADASAPURA BANGALORE 560093
Kalkere

UTIB0004822

UPPER GOUND FLOOR, NO 9 KVG TOWER, RAGHAVENDRA CIRCLE, RM NAGAR TC PALYA MAIN ROAD, RAMAMURTHY NAGAR, KALKERE BANGALORE
Kammanahalli

UTIB0004879

UPPER GROUND FLOOR, NO 1C, 301, 3RD MAIN, 3RD BLOCK, NEHRU ROAD, KAMMANAHALLI BANGALORE
KanakaPura Road

UTIB0003264

J R PLAZA GROUND FLOOR NORTHERN SIDE NO 6 KANAKAPURA MAIN ROAD RAGHUVANAHALLI BENGALURU 560062
Kasavanahalli

UTIB0005150

GROUND FLOOR, 52 AND 61, KASAVANAHALLI NEXT TO BRS SCHOOL VARTHUR HOBLI
KasturibaNagar Mysore Road

UTIB0004842

UPPER GOUND FLOOR KCM TOWER, MYSORE ROAD, AZAD NAGAR WARD, KASTURIBANAGAR BANGALORE
Kathriguppe

UTIB0003190

SITE NO 116 100 FEET ROAD 5HT BLOCK 3RD PHASE BANASHANKARI 3RD STAGE BANGALORE 560085
Kengeri Satellite Town

UTIB0003126

NO 140 1ST MAIN ROAD KENGERI SATELLITE TOWN BANGALORE 560060
Kodichikkanahalli

UTIB0003266

ARVIND SHARAVATHI GR FL G3 80FEET ROAD KODICHIKKANAHALLI VIJAYA BANK COLONY, BANNERGHATTA ROAD 560076
Kodigehalli

UTIB0005941

NO 1628, RAILWAY PARELLE ROAD, C BLOCK, CQAL LAYOUT, SAHAKARNAGAR, BANGALORE 560092
Konanakunte

UTIB0005011

GROUND FLOOR, CENTURY CENTRAL, KANAKAPURA ROAD, KONANAKUNTE VILLAGE TOWER F, BANGALORE
Koramangala Bda Complex

UTIB0004846

UPPER GOUND FLOOR ANUGRAHA BUILDING, NO 87, 7TH CROSS, 4TH B BLOCK, KORAMANGALA 560034
Koramangala Sixth Block

UTIB0003407

NO 468 80FEET ROAD 6TH BLOCK KORAMANGALA BENGALURU 560034
Kothanur

UTIB0005369

308 1, 2 32, ANNAPOORNESHWARI ARCADE, KOTHANUR JUNCTION, KOTHANUR, BANGALORE 560077
Kothanur Jp Nagar Branch

UTIB0006068

GROUND FLOOR, NO 417 47, OPP HM WORLD CITY APARTMENTS, KOTHANUR VILLAGE JP NAGAR, BENGALURU
Ksrtc Layout Jp Nagar

UTIB0004070

GRD FLR SREE GURURAYA MANSION SHOP NO 1 SOUTH WING NO 759 8TH MAIN JP NAGAR 3RD PHASE BENGALURU 560078
Kumarswamy Layout

UTIB0004455

1764, GROUND FLOOR, 14TH MAIN, KUMARSWAMY LAYOUT, 1ST STAGE, BANGALORE - 560078
Kundalahalli Gate

UTIB0003077

SY NO 5 5 KATHA NO 309 THUBARAHALLI VILLAGE VARTHUR HOBLI WARD 85 BENGALURU 560037
Madiwala

UTIB0003271

S N PRIDE NO 65 1ST CROSS STREET WARD NO 66 MADIWALA EXTENSION BENGALURU 560068
Magadi Road

UTIB0004051

GR FLR NO 116 2 ANJANA NAGAR MAGADI RD BENGALURU 560091
MahadevPura

UTIB0003075

SLN HVP ASTER WHITEFIELD MAIN RD BENGALURU 560048
Mahalakshmi Layout

UTIB0003361

SURYADEV 11 23 20 MAIN I R BLOCK RAJAJINAGAR BANGALORE 560010
Manyata Tech Park

UTIB0003051

UNIT G15 MFAR MANYATA TECH PARK MANYATA EMBASSY TECH PARK NAGAWARA BANGALORE 560045
Mathikere

UTIB0004052

UPPER GR FLR SITE NO 4 OLD NO 313 1ST CROSS GOKULA 1ST STAGE 2ND PHASE MATHIKERE WARD NO 36 BENGALURU 560054
Mico Layout

UTIB0004216

GROUND FLOOR VAISHNO RAM NO 318 7TH MAIN MICO LAYOUT EHBCS BTM LAY OUT 2ND STAGE 560078
N R Road Bangalore

UTIB0004885

GROUND FLOOR, NO 28, 4TH CROSS, N R ROAD, BANGALORE
Nagadevanahalli

UTIB0003770

NO.23, GROUND FLOOR, SL NAIK COMPLEX, RAJARAJESWARI LAYOUT, KENGERI MAIN ROAD, NAGADEVANAHALLI, BENAGALURU 560056
Nagarbhavi Second Stage

UTIB0003267

NO 7 OUTER RING ROAD NAGARBHAVI 2ND STAGE 2ND BLOCK EXTENSION BANGALORE 560072
Nagawara Ring Road

UTIB0004227

GROUND FLOOR 1353 433 4TH BLOCK HBR 2ND STAGE BDA LAYOUT NAGAWARA RING ROAD BANGALORE 560045
Nandini Layout

UTIB0005425

12 141 D OR 71 DOLLARS SCHEMES 15 TH MAIN ROAD NANDHINI LAYOUT
Naruhalli

UTIB0005492

SR ARCADE SY NO 659 NALLURHALLI MAIN ROAD NEXT TI SV MAYFAIR APT KR PURAM HOBLI
Neeladri Road

UTIB0003473

ZEUS ALLIANCE 227 2ND ELECTRONIC CITY PHASE I DODDATHOGURU PANCHAYAT BENGALURU 560100
Omkar Layout SrinivasPura

UTIB0005411

NO 66 AND 67, GF 1 MBM SQAURE, ONKAR LAYOUT, UTTARHALLI KENGERI MAIN ROAD, SRINIVASPURA, BANGALORE
PadmanabhNagar

UTIB0005968

NO 33, SUBRAMANYAPURA MAIN ROAD, PADMANABHNAGAR, BANGALORE 560070
Peenya Fourth Phase

UTIB0004406

GROUND FLOOR, 486/C-1, 14TH CROSS ROAD, 4TH PHASE, PEENYA INDUSTRIAL AREA BANGALORE - 560058
Prashanth Nagar

UTIB0003729

GROUND FLOOR, NO 2,60 FEET ROAD, KEMPAGOWDA LAYOUT, WARD NO 104, GOVINDRAJ NAGAR, BANGALORE 560079
Pritech Park

UTIB0004776

PRITECH PARK SEZ, FOODCOURT, GR FLOOR, SURVEY NO 51 & 64 OR 4, OUTER RING ROAD, BELLANDUR VILLAGE, VARTHUR HOBLI, BANGALORE 560103
RajajiNagar Third├╜block

UTIB0003568

NO 27 967 GROUND FLOOR 3RD BLOCK RAJAJINAGAR SRIRAMPURA WARD BANGALORE 560079
Rajarajeshwari Nagar

UTIB0001770

NO 483, SEETHA COMPLEX, IDEAL HOMES HOMES CO-OPERATIVE BUILDING SOCIETY LTD LAYOUT, RAJARAJESHWARI NAGAR, BANGALORE-560 098.
Ramamurthy Nagar

UTIB0003569

GROUND FLOOR NO 41 RAMAMURTHY NAGAR MAIN ROAD BANGALORE 560016 RAMAMURTHY NAGAR
Ranga Complex M G Road

UTIB0005157

NO 5 , M G ROAD
Richards Park

UTIB0003408

NO 12 2 CLARKE ROAD RICHARDS TOWN OPP RICHARDS PARK BENGALURU 560005
SarjaPura

UTIB0005682

ROUND FLOOR, SANDS NUMBER 520 OR 4, SARJAPUR MAIN ROAD, SOMPURA GATE
SeshadriPuram

UTIB0003733

NO 161, 2ND CROSS, 1ST MAIN ROAD, SESHADRIPURAM, BANGALORE 560020
Shantiniketan

UTIB0002946

PRESTIGE SHANTINIKETAN CRESCENT 1 GR FLR WHITEFIELD MAIN RD HOOBLI BANGALORE 560048
Siddartha Layout

UTIB0003341

NO 825 13A CROSS SIDDARTHA ├╜LAYOUT NAZARABAD MOHALLA MYSORE 570011
Singasandra

UTIB0004723

UPPER GROUND FLOOR, 176, 2ND MAIN, AECS LAYOUT, B BLOCK, SINGASANDRA, HOSUR ROAD, BANGALORE 560068
Southendroad JayaNagar

UTIB0005110

NO 91 , PRESTIGE SOUTH END , SOUTH END ROAD , OPPOSITE SURANA COLLEGE , JAYANAGAR
Sree Charan Souhardha Co-operative Bank Limited

UTIB0SSCB01

NO. 87/1, H B SAMAJA ROAD, BASAVANAGUDI, BANGALORE,PIN-560 004
Sree Charan Souhardha Co-operative Bank Limited

UTIB0SSCB02

SUBBAMMA KRUPA, PRS LANE, NAGARTHPET CROSS, BANGALORE,PIN-560 002
Sree Charan Souhardha Co-operative Bank Limited

UTIB0SSCB03

NO. 48, OLD SRINGERI SHANKARMATH,K V TEMPLE STREET, SULTHANPET, BANGALORE ,PIN -560 053
Sree Charan Souhardha Co-operative Bank Limited

UTIB0SSCB04

NO. 632/18, 10TH D MAIN, 4TH BLOCK, JAYANAGAR, BANGALORE, PIN -560 011
St. Marks Road, Bangalore

UTIB0004454

UPPER GROUND FLOOR, NO.3 MANANDI PLAZA, ST.MARKS ROAD,BANGALORE- 560002
Sultanpalya

UTIB0003200

NO 20 SULTANPALYA MAIN ROAD R T NAGAR BANGALORE 560032
TalaghattaPura

UTIB0005488

520 OR 3, JUDICIAL LAYOUT, 60 FT ROAD, TALAGHATTAPURA, KANAKPURA MAIN ROAD, BANGALORE
Tavarekere

UTIB0004541

UPPER GOUND FLOOR, BANGALORE, 560029
Tc Palya├╜

UTIB0003406

LORVEN LEO SURVEY NO 11 2 KHATA NO 5 TC PALYA MAIN ROAD KOWDENAHALLI K R PURAM HOBLI BENGALURU 560016
Thirumenahalli

UTIB0005935

SY NO 14, THIRUMENAHALLI VILLAGE, YELAHANKA TALUK, BANGALORE 64
V V Puram

UTIB0004878

UPPER GOUND FLOOR, NO 33, VASAVI TEMPLE STREET, V V PURAM, BANGALORE
Varthur Road

UTIB0003749

GROUND FLOOR NO 33, SUNDARI ARMADAL, NEXT TO FEMINT HOSPITAL, WHITEFIELD MAIN ROAD, BANGALORE 560066
Victoria Layout

UTIB0003411

SILVER PALMS 3 PALM GROVE RD VICTORIA LAYOUT BENGALURU 560047
VijayaNagar 2nd Stage Mysuru

UTIB0004404

UR GRD FLR, 4585, HI TENSION DOUBLE ROAD VIJAYANAGAR 2ND STAGE CROSS ROAD DEVARAJA MOHALLA, MYSURU 570017
Yelahanka

UTIB0005608

SY NO 54, RE SURVEY NO 54 3, BBMP KHATA NO 1361 54 3, WARD NO 1, SHIVANAHALLI VILLAGE, YELAHANKA HOBLI, BANGALORE
Yelenahalli

UTIB0005828

THE HUB RAJ SERENITY LG 03,NO 10,SURVERY NO 51 1,51 2A,59 2,61 10,BEGUR HOBLI,BEGUR KOPPA ROAD,YELENAHALLI
Yemalur

UTIB0006044

303, MATHRUSHREE ORCHID HOMES, YEMALUR BANGALORE 560037

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.

IFSC Code Structure

The IFSC code is an 11-character code that follows the structure below:

  • First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
  • Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
  • Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.

Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.

How to Obtain the IFSC Code

Finding an IFSC code is easy. Here are a few methods:

  • Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
  • Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
  • Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
  • Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
  • Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
  • RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
  • Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.

Why is the IFSC Code Important in Fund Transfers?

The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:

  • NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
  • RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
  • IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
  • Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.

What is the Use of an IFSC Code?

The IFSC code has numerous uses within the banking system:

  • Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
  • Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
  • Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
  • Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.

Importance of Loan and Interest Calculator

Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:

Loan Calculators

  • Loan Calculator Vehicle: Helps determine monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
  • Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.

EMI Calculators

  • EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator US: Designed for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 years: Estimates returns over a 15-year period.
  • PPF Calculator 30 years: Projects returns over a 30-year period

Conclusion

The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.

Frequently Asked Questions

The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.

The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.

No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.

If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.

The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.

No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.

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