IFSC Code of Axis Bank, Maharashtra, Pune, Pirangut

UTIB0003141

Axis Bank

Axis Bank

IFSC Code

UTIB0003141
MICR Code

411211053
Bank Name Axis Bank
District Pune
State Maharashtra
Address Gr Fl Gut No 1131 Shop No 1 And 2 Pirangut Ghotwade Phata Road Pirangut Pune 412115
Phone +918275037900

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

Ajmera Complex

UTIB0001435

RENUKA ROYAL, SHOP NO.1 & 3,PLOT NO.52, CTS 6258,AJMERA COMPLEX, PIMPRI, PUNE,MAHARASHTRA , PIN 411018.
Amanora

UTIB0004937

GROUND FLOOR BANK HALL NO 1, T SQUARE, SR NO 172, TUPE PATIL ROAD, NEAR AMANORA MALL, HADAPSAR, DIST PUNE
Ambegaon

UTIB0003058

GROUND FLOOR SHOP NO 7 8 9 AAROH DWELLING DATTANAGAR AMBEGAON BUDRUK PUNE PIN 411046
Appa Balawant Chowk

UTIB0002840

MAHLAXMI CHAMBER SHOP NO 1013 GR FLR BUDHWAR PETH APPA BALWANT PUNE 411002
Balewadi

UTIB0002754

SPECIALITY BUSINESS CENTER LOWER GROUND NO 3 ADJ MAIN 100 D P ROAD OPP SKP CAMPUS BALEWADI 411045
Baner (pune)

UTIB0000338

SAPPHIRE CHAMBERS,GROUND FLOOR, S.NO: 2/3/1, BANER
Baramati (maharashtra)

UTIB0000135

PLOT NO 485,CITY SURVEY NO 881 BHIGWAN ROAD
Bavdhan

UTIB0001918

NAVKAR AVENUE, NR ADITYA SHAGUN MALL, NDA ROAD, BAVDHAN, PUNE- 411021
Bhigwan

UTIB0001612

GROUND FLOOR, ANIKET COMPLEX, SHOP NO 7,8 & 11, OFFICE NO 1&3, PUNE-SOLAPUR NH9,BHIGWAN-413130
Bhosale Nagar

UTIB0004385

UNIT NO. 101, TRIMURTI HONEYGOLD, ASHOK NGR, PLOT NO. 44, RANGE HILLS RD, BHOSALE NGR, SHIVAJI NGR 411007
Bhosari

UTIB0005474

GROUND FLOOR SHOP NO 8 TO 12 PARVATI HEIGHTS SR NO 680 5A LANDEWADI
Bhugaon Pune

UTIB0004716

GROUND FLOOR S NO 529 2 PUNE PAUD ROAD NEAR HIRA GARDEN BHUGAON TAL MULSHI
Bibwewadi

UTIB0002952

GR FL S NO 5691 PLOT NO 9 B BHAGYANAGAR OPP KHUSHBOO HOTEL BIBWEWADI KONDHWA ROAD BIBWEWADI 411037
Blueridge Hinjewadi

UTIB0003597

GROUND FLOOR SHOP NO 3 35 BLUERIDGE HINJEWADI PUNE 411 057
Bt Kawade Road, Pune

UTIB0001954

GRAN EXITO, SHWOROOM NO-1A & 1B, SURVEY NO-172, B T KAWADE ROAD, GHORPADI, PUNE-411 001
Bund Garden Road Branch,pune

UTIB0000073

ASHOKA GALAXY, PLOT NO 1, GALAXY SOCIETY DHOLE PATIL ROAD,BUNDGARDEN
Camp (pune)

UTIB0000305

PARMAR HOUSE,2413, EAST STREET, GEN. THIMAYYA ROAD,CAMP
Chakan

UTIB0000512

PARDESHI BUILDING, MAYARAM SHET MARKET, NR MAHATMA PHULE MARKET YARD, CHAKAN,,MAHARASHTRA,410501
Charoli Phata

UTIB0005631

GROUND FLOOR SHOP NO 5 AND 6, SANKALP VASTU, SR NO 5 P PIMPRI CHINCHWAD, DIST PUNE
Chikhli Road Pimpri Chinchwad

UTIB0002654

GROUND FLOOR GMC VASTU SHOP NO 6 TO 11 PLOT NO1221 PURNA NAGAR PIMPRI CHINCHWAD PUNE PIN 411019
Corporate Banking Branch - Pune

UTIB0001636

214 / 215 CITY MALL, 2ND FLOOR, PLOT NO 1, GANESH KHIND ( UNIVERSITY ) ROAD, PUNE 411 007
Dapodi

UTIB0002841

GANESH HEIGHTS SHOP NO 4 5 6 A WING, GR MEZZANINEFL DAPODI 411012
Daund

UTIB0001952

VIMAL SADAN, PLOT NO.11 DAUND-PATAS ROAD, DAUND-413801 DIST-PUNE MAHARASHTRA
Dehu Road

UTIB0003723

BRAHMAPURAN GROUND FLOOR, SR NO.28, MUMBAI PUNE HIGHWAY, 412101
Dhankawadi

UTIB0001168

GROUND FLOOR AND BASEMENT,DHANKAWADE PATIL HOUSE,SURVEY NO. 20/2, PUNE SATARA ROAD,PUNE, MAHARASHTRA , PIN 411043.
Dhanori Pune

UTIB0004160

SHOWROOM NO 1 GOODWILL SQUARE S NO 17 H NO 1A1P DHANORI 411015
Dhayariphata

UTIB0003186

GR FL CHAKANKAR BLDG DHYARESHWAR MANGAL KARYALAY PUNESINHAGAD RD DHAYARI PHATA PUNE PIN 411051
Dudulgaon

UTIB0006109

GROUND FLOOR, DESTINATION OSTIA COMMERCIAL F1 WING, SHOP NO LG18, GAT NO 216, LATE NIVRUTTI GANPAT SASTE PATIL ESTATE
Eon Kharadi

UTIB0004153

GROUND FLR SR NO 57 11 FORTUNE PLAZA OPP VASCON FOREST COUNTY SHOP NO 2 EON FREE ZONE RD KHARADI 411014
Fursungi Pune

UTIB0004624

GROUND FLOOR SHOP NO 1A 1B AND 2, CITY POINT PUNESASWAD ROAD, BHEKARI NAGAR FURSUNGI
Gokul Nagar Pune

UTIB0005320

GROUND FLOOR SHOP NO 6 AND, CHORDIYA RESIDENCY, S NO 65, NEAR SALAVE GARDEN, GANGADHAM SHATRUNJA ROAD, KONDHWA, BK KATRAJ, DIST PUNE
Hadapsar (pune)

UTIB0000404

ARYAN CENTRE, OPP : VAIBHAV THEATRE PUNE SOLAPUR ROAD, HADAPSAR
Handewadi

UTIB0005196

GROUND FLOOR SHOP NO 7 AND 8 AND MEZZANINE OFFICE NO 102, FORTUNE EMPRESS, SR NO 1611245, HANDEWADI MANTARWADI ROAD
High Street Bavdhan

UTIB0006025

GROUND FLOOR,SHOP NO 1,2,3,RA CASA SURVEY NO 53,HISSA NO 5,BAVDHAN KHURD,PUNE
Hinjewadi

UTIB0001034

GROUND FLOOR, GANGA ESTATE,MARUNJE ROAD , HINJEWADI,DIST. PUNE, MAHARASHTRA , PIN 411057
Indrayani Nagar

UTIB0002490

SHUBH COMPLEX,PLOT NO SDC 6,SECTOR 1,PCNTDA,INDRAYANI NAGAR,BHOSARI,PUNE 411039
Kalyani Nagar (pune)

UTIB0000269

MARIGOLD PREMISES,GRND FLR,SURVEY:15 VADGAONSHERI, KALYANI NAGAR
KarveNagar

UTIB0001436

STILT FLOOR, C.T.S. NO. 1189/25,PLOT NO.3-ARIHANT, KARVE NAGAR,PUNE, MAHARASHTRA , PIN 411052
Karwanchiwadi Pomendi

UTIB0005269

GROUND FLOOR, GRAM PANCHAYAT NO 536, MANGALAYANAND, MAHALAXMI NAGAR, KHEDSHI, VILLAGE KARWANCHIWADI, POMENDI, DIST RATNAGIRI
Keshav Nagar, Pune

UTIB0004499

UPPER GROUND FLOOR, VASTURESHREE ADRINA, SHOP NO. 9, 10 & 11, KESHAV NAGAR 411036
Kharadi

UTIB0001576

GROUND FLOOR, "PATHARE COMPLEX", S.N.-8, MUNDHWA BYPASS ROAD, PUNE, MAHARASHTRA, PIN 411014
Khed-shivaPur

UTIB0001039

GROUND FLOOR, "MUKTANGAN", KONDHANPUR PHATA, A/P, KHED SHIVAPUR, DIST.PUNE, MAHARASHTRA , PIN 412205
Kirkee

UTIB0003722

GRND FLR 46 GOYAL NIWAS OPP GANAPATI MANDIR AUNDHJ ROAD KIRKEE 411020
Kondhwa

UTIB0002904

MADHAV BHAVAN GR FLR SURVEY NO 71 KONDHWANIBM ROAD KONDHWA 411048
Koregaon Park

UTIB0002136

ROW HOUSE NO. 1 & 2, SWAN LAKE CO-OP HSG. SOCIETY, NORTH MAIN ROADKOREGAON PARK, GHORPADI VILLAGE,PUNE-411 001
Kothrud (pune)

UTIB0000104

BUSINESS SQUARE PLOT NO-57, MAYUR COLONY, NEXT TO JOG HIGH SCHOOL, KOTHRUD
Lonavala

UTIB0002773

SHOP NO G 16 AND 17 LONAVALA SQUARE MALL M G ROAD NEAR KUMAR RESORT LONAVALA PUNE 410401
Loni

UTIB0003185

GR FL TEJASWINI APRT LONI STATION KADAM VASTI NEAR SURYA TASAR MALL LONIKALBHOR HAVELIPUNEPIN 412201
Magarpatta

UTIB0003142

NAREN PEARL, SHOP 12, S NO135, NEAR SEASONS MALL, MAGARPATTA ROAD, HADAPSAR, PUNE
Manchar

UTIB0002653

POONAM COMPLEX PIMPALGAON PHATAINFRONT MARKET YARDMANCHARPUNE NASHIK HIGHWAY TALAMBEGAON 410503
Model Colony Pune

UTIB0006023

GRAND HELIOS, UPPER GROUND FLOOR, 1102 A 7, LAKAKI ROAD, MODEL COLONY, PUNE
Mohamadwadi Pune

UTIB0003184

GROUND FLOOR SHOP NO 4 GAGAN ARENA SR NI 12 UNDRIMOHAMAD WADI PUNE MAHARASHTRA PIN 411060
Mohan Nagar

UTIB0005615

GROUND FLOOR SHOP NO 7 AND 8 ,K P SQUARE TELCO ROAD,OPP DOUBLE TREE HOTEL,MOHAN NAGAR PIMPRI CHINCWAD
Mohol, SolaPur

UTIB0004558

SHOP 3 4 SHUBHAM LODGE, NATIONAL HIGHWAY NO 65, OPP MARKET YARD GATE SIDDHARTH NAGAR, MOHOL
Moshi Pune

UTIB0004875

GROUND FLOOR, SHOP NO 1 P, GK PALACIO S NO 111, BORADEWADI, DEHU ALANDI ROAD MOSHI PIMPRI CHINCHWAD DIST PUNE 412105
N M Road Koregaon Park

UTIB0005144

GROUND FLOOR, ONYX TOWER, 37 BY 3, GHORPADI NR WESTIN HOTEL, NORTH KOREGAON PARK MAIN ROAD, PUNE
Nalstop Pune

UTIB0004859

GROUND FLOOR, SHOWROOM NO 2 AND 3, PINNACLE, PADMANABH, NALSTOP, PUNE 411004
Nanded City Pune

UTIB0006030

GROUND FLOOR SHOP NO G2, DESTINATION CENTRE, NANDED CITY, PUNE
Narayan Chincholi SolaPur

UTIB0004773

GROUND FLOOR VYAPARI SANKULAN NARAYAN CHICHOLI SOLAPUR TAL PANDHRPUR DIST SOLAPUR
Narhe Pune

UTIB0004625

GROUND FLOOR SHOP NO8 AND 9, CHAKANKAR CORNER SURVEY NO 46 2, OPP GANDHARVA HOTEL NARHE
Navipeth

UTIB0003284

GR FLR SK CHAMBERS 265 SHOP NO 5 6 7 LAL BAHADUR SHASTRI RD NEAR JANJIRA HOTEL NAVIPETH PUNE 411030
Nibm Annexe

UTIB0004915

GROUND FLOOR AND MEZZANINE FLOOR, SHOP NO 008 AND 009, VISTAS CENTER POINT, SURVEY NO 37/3 AND 4, NIBM ANNEXE, MOHAMMADWADI
Nigdi

UTIB0001494

GROUND FLOOR, KALYANI CHAMBERS, SECTOR 27 A, PLOT NO. 80, NIGDI, PCNT, PCMC, PUNE, MAHARASHTRA , PIN 411044
Pan Card Club Road Baner

UTIB0004566

GROUND FLOOR SNO 33 2P 1 PAN CARD CLUB ROAD NEAR BEVERLY HILLS SOCIETY NEAR HDFC BANK BANER
Pashan

UTIB0002093

YASH RESIDENCY PASHAN SUS ROAD PASHAN PUNE PIN 411021
Paud Road, Pune

UTIB0001894

GROUND FLOOR VENTURE BHUSARI COLONY, SURVEY NO.94/4, PLOT NO-5/2+6, PAUD ROAD,KOTHRUD, PUNE-411029
Phoenix Mall Road Wakad

UTIB0006037

SHOP NO 101, 102, STILT FLOOR, ASHIRWAD HOUSE, 130 IC 1, KALAKHADAK, SHANKAR KALAT NAGAR, WAKAD PUNE
Pimple Nilakh

UTIB0005224

GROUND FLOOR 2 AND 3, AISHWARYA TRADE CENTRE, S NO 26, VISHAL NAGAR, PIMPLE NILAKH, PIMPRI CHINCHWAD
Pimple Saudagar

UTIB0004832

GROUND FLOOR SHOP NO 18 LIFEVILEE PK CHOWK WAKD BHOSARI BRT RD PIMPLE SAUDAGAR
Pimpri Chowk

UTIB0002905

KAMALA CROSS ROAD BWING SHOP N 8 41 OPP PCMC BLDG PUNEMUMBAI RD PIMPRICHINCHWAD 411017
Pimpri-chinchwad (pune)

UTIB0000103

BALWANT CHAPEKAR CHOWK,STATION ROAD (PIMPRI-CHINCHWAD) , CHINCHWAD GAON.
Pink City Road Wakad

UTIB0006042

GROUND FLOOR AND MEZZANINE FLOOR, ASWANI GALAXY, A B SR NO 201 P, NEAR EURO SCHOOL, WAKAD PUNE
Pisoli

UTIB0003285

SERVE NO 34 PISOLI VILLAGE KONDHWA SASWAD BYPASS PISOLI OPP TRENDZ FURNITURE PUNE 411060
Porwal Road Pune

UTIB0005958

GROUND FLOOR, SHOP NO 4 AND 5, J D GAATHA, S NO 296, 3, 1, PORWAL ROAD, LOHEGAON PUNE
Prabhat Road

UTIB0001877

GROUND FLOOR, IVORY TOWERS, PRABHAT ROAD, PUNE-411004
Punawale

UTIB0005033

GROUND FLOOR, SHIV CONSTRUCTIONS, SHOP NO 128, SAI MILLENIUM , PUNAWALE, TAL MULSHI, DIST PUNE
Pune

UTIB0000037

STERLING PLAZA 1262/B, J M ROAD DECCAN GYMKHANA
Rahatani

UTIB0001641

GROUND FLOOR, RAINBOW PLAZA, SHOP NO. 22, RAHATANI PIMPLE SAUDAGAR, PUNE, MAHARASHTRA, PIN 411017
RajguruNagar

UTIB0003143

GROUND FLOOR GURUKRUPA COMPLEX WADA ROAD RAJGURUNAGAR KHED PUNE MAHARASHTRA PIN CODE 410505
Ranjangaon Pune

UTIB0004224

GR FLR SHRIKRISHNA SHOP NO 1 2 3 4 GAT NO 1793 PUNE NAGAR RD RANJANGAON TAL SHIRUR DIST PUNE 412209
Rastapeth

UTIB0004106

SUNRISE SKYLINE BESIDE SAMARTH POLICE STATION RASTAPETH 411011
Ravet

UTIB0003144

GR FL SHOP NO04 05 AND 06 BIZ SNO 2031 RAVET PIMPRI CHINCHWAD PUNE MAHARASHTRA 412101
Sadashivpeth

UTIB0001437

SHOP NO. 1, 2 & 3, GROUND FLOOR,FLAT NO. 4, 2149, KEYUR APARTMENTS,SADASHIV PETH, PUNE, MAHARASHTRA , PIN 411030
Sahakar Nagar [pune]

UTIB0000350

A C COLLEGE OF COMMERCE, JALPAIGURI PUNE SATARA ROAD, SAHAKAR NAGAR,
Salisbury Park

UTIB0005629

GROUND FLOOR,SHOP NO 1,SUYOG CENTER,PLOT NO 34 B 1 34 B 2,AND 34 C,FINAL PLOT NO 473 A,S NO 557 A1,GULTEKDI
Sambhaji Nagar Wagholi

UTIB0005613

GROUND FLOOR AND FIRST FLOOR,SHOP NO 1 2 3 AND 4,BLUE SKY ICON,GAT NO 1180,BAIF ROAD,WAGHOLI,PUNE
Saswad

UTIB0002985

GR FL VAISHANAVI PLOT47 S NO 61922A2 CTS NO 4439 SASWAD PALKHI ROAD SASWAD 412301 DIST PUNE
Senapati Bapat Marg [pune]

UTIB0000315

GR. & 1ST FLOOR,SAI CAPITAL SENAPATI BAPAT MARG,PUNE
Service Branch, Pune

UTIB0000239

BASEMENT,PLOT:75/2/2B,BUILDING:Y SACRED HEART TOWN, WANWADI
Shankarseth Road

UTIB0003182

GR FLSHOWROOM NO 3 SUYOG NAVKAAR FINAL PLOT NO 394 395A MOUJE GULTEKDI SEVEN LOVES CHOWK 411037
ShikraPur, Maharashtra

UTIB0000862

BANDAL COMPLEX, SHIKRAPUR TEHSIL SHIRUR, DIST. PUNE MAHARASHTRA , PIN 412208
Shirur

UTIB0002094

HOTEL SURAJ EXECUTIVE, OLD PUNE-NAGAR HIGHWAY, SHIRUR PUNE-412 210
Shivane

UTIB0004928

GROUND FLOOR, SHOP NO 15, 16, 17, PRITHVIRAJ COMPLEX, SNO.31 2 2 NDA ROAD, SHIVANE, TAL HAVELI, DIST PUNE
ShriNagar Kalewadi Rahatani Road

UTIB0006022

GROUND FLOOR , SHOP NO 1A, SURVEY NO 48, 4 TO 10, SQUARE ONE, A WING, NEAR K KSHRIRAM SOCIETY, SHRI NAGAR KALEWADI RAHATANI ROAD, RAHATANI PUNE 411017
Sinhagad Road, Pune

UTIB0000828

SENATE , S.NO. 118A JAIDEV NAGAR, SINHAGAD ROAD, PARVATI, PUNE, MAHARASHTRA PIN 411030
Talegaon, Pune

UTIB0002137

SHOP NO. 1 & 2, SHRINATHJI BUILDING, CHAKAN ROAD, TALEGAON,PUNE-410 507
Thermax Chowk Pimpri

UTIB0002762

OMKAR PLAZA GRND FLR PLOT NO GP 77 G BLOCK MIDC NR THERMAX CHOWK PIMPRI CHINCHWAD PUNE 411019
Thite Nagar Kharadi

UTIB0006029

GROUND FLOOR SHOWROOM NO 6, RIVER DALEGROVE, THITE NAGAR KHARADI PUNE
Treasure Park Parvati

UTIB0004847

GROUND FLOOR, SHOWROOM NO 3, TRESURE PARK BUILDING K S NO 61, CTS NO 3446, PUNE SATARA ROAD, PARVATI PUNE
Uruli Kanchan

UTIB0004225

GROUND FLOOR SHOP NO 2 AND 3 BAGADE IMPERIAL GUT NO 1002 PUNE SOLAPUR HIGHWAY URULI KANCHAN 412202
Vadgaon Sheri

UTIB0005221

GROUND FLOOR, JJ CHAMBERS, OLD MUNDHWA ROAD, S NO 49 BY 2 BY 6, 50 BY 2A VADGAON SHERI, DIST PUNE
Viman Nagar, Pune

UTIB0001032

GROUND FLOOR, LALWANI HOUSE,PLOT NO. 79, VIMAN NAGAR,PUNE, MAHARASHTRA , PIN 411014
Vishrantwadi

UTIB0002774

SHOP NO6 GROUND FLOOR MHADA COMPLEX PHULE NAGAR ALANDI ROAD VISHRANTWADI PUNE411001
Wagholi

UTIB0003191

GR FL GUT NO 648 NANASHREE J J NAGAR PUNENAGAR ROAD WAGHOLI PUNE HAVELI PUNE MH 411014
Wanawadi (pune)

UTIB0000110

PLOT NO 75/2/2-B ,BUILDING NO -Y SACRED HEART TOWN WANAWADI
Warale

UTIB0005197

GROUND FLOOR, SHOP NO 11 12, C BLDG, ROSHAN ONE ,WARALE, CHAKAN , DIST PUNE 410203
Warje Pune

UTIB0002652

SPANDANSHOWROOMNO 1 NO 1171 POPULAR NAGAR OPP MAIMANGESHKAR HOSP PUNE PIN 411058
Yewat, Maharashtra

UTIB0000872

BHULESHWAR MARKET, BUILDING NO. 2 , PUNE-SOLAPUR ROAD , TALUKA DAUND , YEWAT, DIST. PUNE, MAHARASHTRA , PIN 412214

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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