Select Branch for Bank Of Baroda in Thane, Maharashtra

Choose a branch to view IFSC code and details

Branch
Airoli

BARB0VJAIRO

UNIT NO6, GROUND FLOOR , SIGNIA OCEANS, SECTOR 10A , NEXT TO DMART, AIROLI , NAVI MUMBAI , 400708

Branch
Airoli

BARB0DBAIRO

3435 PANCHSHEEL APPARTMENTSECTOR5 AIROLI MUMBAI THANE MAHARASHTRA 400708

Branch
Ambernath

BARB0VJAMBE

SHOP NO123 OFFICE NO123, GODAVARI HEIGHTS, VADAVALI SECTION, NEAR DATTA MANDIR, AMBERNATH , THANA , 421501

Branch
Ambernath

BARB0DBANAT

DATTA PRASAD506TEMPLE ROADAMBARNATH MUMBAI THANE MAHARASHTRA 421501

Branch
BadlaPur

BARB0VJBADL

GROUND FLOOR, , RAGHUNANDAN APARTMENT, KATRAP ROAD, , GHODPADE CHOWK, BADLAPUR EAST , THANE , 421503

Branch
BadlaPur Br., Dist. Thane, Maharashtra

BARB0BADLAP

SIDDHIVINAYAK APTS., NEAR LAMTURE HOSPITAL, KULGAON STATION ROAD, BADLAPUR(EAST), DIST. THANE, MAHARASHTRA - 421 503.

Branch
Bhayandar East

BARB0DBBHAE

SHEETAL SHOPPING CENTRE1ST FLOOR BP MAIN RAOD THANE THANE MAHARASHTRA 401105

Branch
Bhayander West

BARB0DBBHAW

SUDAMA KUTIRSTATION RD BHAYANDAR (W) MUMBAI THANE MAHARASHTRA 401101

Branch
Bhayander(west) Br,thane

BARB0BHAYAN

2,KAILASH DARSHAN,GEETA NAGAR,PHATAK ROAD,BHAYANDER(WEST),DIST.THANE,MAHARASHTRA - 401 101.

Branch
Bhayandere

BARB0VJBHAY

LAXMINARAYAN APMTB , NEAR JESAL PARK , BHAYANDERE , THANA , 401105

Branch
Bhiwandi

BARB0DBBHIV

GALA NO 12 KONARK ARCADE NEAR BHIWANDIMUNCIPAL CORPORATION BHIWANDI421302 THANE THANE MAHARASHTRA 421302

Branch
Bhiwandi

BARB0VJBHIW

NO.219,GROUND FLOOR , RAJARAM ARCADE,LOHATI COMPOUND , KALYAN ROAD, BHIWANDI , THANA , 421302

Branch
Bhiwandi Br., Thane

BARB0BHITHA

SHOP NO.11, 12, 13, NR. SUMARIA ELECTRONICS, VARDHAMAM HEIGHTS, THANE BHIWANDI ROAD, ANJUR PHATA, BHIWANDI, DIST. THANE MAHARASHTRA - 421302

Branch
Birwadi

BARB0BIRWAD

AT BIRWADI PO BHATSANAGAR TAL SHAHAPUR DIST THANE MAHARASHTRA 421603

Branch
Boisar, Mumbai

BARB0BOISAR

OSTWAL EMPIRE BLDG, "G" OFFICE NO 101-106, 1ST FLOOR, MAHAVIR MARKET, TARAPUR ROAD, BOISAR(W), DIST-THANE, MUMBAI-401501

Branch
Bordi, Dist. Thane

BARB0BORDIX

NEAR BUS STAND, BORDI, TAL. DAHANU, DIST. THANE, MAHARASHTRA - 401 701

Branch
Chikhale,thane, Mh

BARB0CHITHA

AT POST CHIKHALE, HANUMAN MANDIR,TAL - DAHANU,DIST- THANE, MAHARASHTRA - 401602

Branch
Dahanurd Branch

BARB0MASOLI

DAHANURD BRANCH,FATEMA BUILDING,STATION RD, DAHANU ROAD. DIST THANE,DAHANU ROAD,401602

Branch
Dahisar More

BARB0VJDAHI

SHOP NO 5,6,7 8, BHARAT BHOIR BUILDING , NEAR DAHISAR NAKA, MUMBRA PANVEL ROAD NH04, DAHISAR GAON, THANE , DAHISAR MORE , 400612

Branch
Dhasai

BARB0VJDHAS

OPPPOST OFFICE , DHASAI , MURBAD TALUK , DHASAI , 421402

Branch
Digashi

BARB0DBDIGA

BHIWAMDI GANESHPURI AMBADI NAKATEHBHIWANDI DIGAS THANE MAHARASHTRA 421302

Branch
Dombivali East,mumbai

BARB0DBDOME

RAGHUKULDEEP VYAPAR KENDRAPHADKE ROADDOMBIVLI(EAST) MUMBAI THANE MAHARASHTRA 421201

Branch
Dombivilie

BARB0VJDOME

VAISHAMPAYAN BUILDING , BABASAHEB JOSHI ROAD , OFF.PHADKE ROAD,DOMBIVILI , THANA , 421201

Branch
Dombivli West

BARB0DBDOMW

DINDAYAL UPADYAY MARGDOMBIVLI (WEST) MUMBAI THANE MAHARASHTRA 421202

Branch
Dombivli-w

BARB0VJDOMW

1ST FLOOR,JIJAMATA MANDIR COMP , LEX,SUBHASH ROAD,VISHNU NAGAR , DOMBIVLIW,THANE DIST , THANA , 421202

Branch
Flower Valley, Thane, Maharashtra

BARB0FLOVAL

2 G04, FLOWER VALLEY COMPLEX,EASTERN EXPRESS HIGHWAY,THANE (W),MAHARASHTRA 400 601

Branch
GaneshPuri,dist.-maharashtra

BARB0GANESH

DHANWANTARI SHOP NO.1-4 GANESHPURI,TAL.-BHIWANDI,DIST.-THANE

Branch
Ghansoli

BARB0GHANSO

SAIVIHAR CHS PLOT,NO 434&435 SECTOR 1,GHANSOLI,NAVI MUMBAI,THANE,MAHARASHTRA 400701.

Branch
Ghodhbunder,thane

BARB0DBGHOD

SHOP NO 22A3 CHARNAMRUT CHS KAVESARNR SURAJ WATER PARK GHODBUNDER ROAD THANE W THANE THANE MAHARASHTRA 400607

Branch
Gholwad, Dist. Thane

BARB0GHOLWA

ZANDA CHOWK, GHOLWAD, TAL. DAHANU, DIST. THANE, MAHARASHTRA - 401 702

Branch
Ilthan,thane

BARB0ILTHAN

RELIABLE TECH PARK,THANE BELAPUR ROAD,NEAR AIROLI RAILWAY STATION,AIROLI,THANE DIST,MAHARASHTRA 400708.

Branch
Kalamboli, Thane

BARB0DBKAMB

117 A STEEL MARKET YARDKALAMBOLI MUMBAI THANE MAHARASHTRA 410218

Branch
Kalwa

BARB0VJKALW

GROUND FLOOR,SWAGAT APPARTMENT , L B S ROAD,KHAREGAON NAKA , KALWA, THANA DIST , THANA , 400605

Branch
Kalwa West

BARB0KALWAX

CHANDRAKANTA TOWERS,CHS STATION ROAD,KALWA MARKET,KALWA,THANE,MAHARASHTRA 400605

Branch
Kalyan

BARB0DBKYAN

PLOT NO19621963 NR VITHAL MANDIRSHIVAJI CHOWK KALYAN WEST KALYAN THANE MAHARASHTRA 421301

Branch
Kalyan

BARB0VJKALY

GROUND FLOOR, BRINDAVAN VATIKA , OPP.CINEMAX, NEAR KDMCBWARD , OFFICE, KHDAKAPADA, KALYANW , THANA , 421301

Branch
Khadakpada

BARB0KHADAK

SHOP NO 3,NEERAJ PARK, NR MOHAN PRIDE, KALYAN WEST,MUMBAI

Branch
Kinhavali

BARB0KINHAV

P O KINHAVALI NEAR R S T BUS STAND TAL SAHAPUR DIST THANE MAHARASHTRA 421405

Branch
Kongaon, Mh

BARB0KONGAO

PATIL WADA,NR THANE JILHA SAHAKARI BANK,KONGAON,TAL BHIWANDI, THANE MAHARASHTRA - 421311

Branch
Kopar Khairne

BARB0VJKOKH

PLOT 380,SECTOR19 , NEAR G V HIGH SCHOOL , KOPAR KHAIRNE , NAVI MUMBAI , 400709

Branch
Lbs Marg, Thane

BARB0THALBS

PUSHPAMANGAL COMPLEX, BLDG.NO.1, LBS MARG, UTALSAR NAKA, DIST.THANE, MAHARASHTRA - 400 601.

Branch
Lonad

BARB0DBLONA

LONAD SHIV NAGAR LONAD THANE MAHARASHTRA 421302

Branch
Louiswadi Thanewest

BARB0VJLOUI

GROUND FLOOR,LAND MARK ARCADE , C H S,NITIN COMPANY JUNCTION , OFF EASTERN EXPRESS HIGHWAY , THANA , 400604

Branch
Mahim Kelve

BARB0MAHPAL

AT PO MAHIM GROUND FLOOR SIVALA BUNGLOW TALUKA VASAI DIST PALGHAR MAHARASHTRA 401402

Branch
Majiwada Branch

BARB0MAJIWA

MAJIWADA BRANCH,ELLORA INDUSTRIAL ESTATE, GHODBUNDER ROAD,,THANE (WEST),400607

Branch
Manda Titwala, Thane

BARB0TITWAL

SHRI RAMPLAZA, GANESH MANDIR ROAD, NEAR MSEB MANDA, TITWALA, THANE-421605

Branch
Manere

BARB0DBMNRE

NANDAN RESIDENCY SHOP NO 10MORYANAGARI MANERE ULHASNAGAR MANERI THANE MAHARASHTRA 421004

Branch
Manpada

BARB0VJMANP

16,SARASWATHI SADAN , RAMWADI COLONY,MANPADA RD , DOMBIVLIE , THANA , 421201

Branch
Manpada Road,dombivali East

BARB0MANPAD

AAI BUNGALOW,NEAR STAR COLONY,MANPADA ROAD,DOMBIVALI EAST

Branch
Maswan

BARB0MASWAN

HOUSE NO 223 AT POST MASWAN TAL PALGHAR MAHARASHTRA 401404

Branch
Mira Bhayander Road,maharastra

BARB0MIRBHA

MIRA BHAYANDER ROAD,SHOP NO 1 -7,OFFICE NO 101 & 102,CHANDAN VELLY CHSL, C WING,OPP SHIWARADEN,MIRA BHAYANDERROAD,DIST THANE,MAHARASHTRA 401107

Branch
Mira Road (e) Thane

BARB0MIRARO

1ST FLOOR,NEAR RASSAZ MULTIPLEX, NEXT TO EVERSHINE ENCLAVE, MIRA ROAD (E) THANE 401107

Branch
Mira Road-east

BARB0VJMIRO

SHOP NO.20,SURYA SHOPPING CENT , SHRISHTI COMPLEX,SECTOR 5 , MIRA ROADE,THANE DIST , THANA , 401107

Branch
Mira Road, Thane

BARB0DBMIRA

SHOP NO 1 2 SHANTI PLAZA BLDGSHANTI PARK MIRA ROAD EAST THANE THANE MAHARASHTRA 401107

Branch
Mohone

BARB0VJMOHO

N R C COMPLEX , MOHONE , THANA DIST , THANA , 421102

Branch
Naigaon East,thane, Mh

BARB0NAITHA

GROUND FLOOR,SHREE LAXMI PLAZA,JUCHENDRA, NAIGAON STATION ROAD, NAIGAON EAST,THANE,MAHARASHTRA - 401202

Branch
Nalasopara (east), Maharashtra

BARB0NALEAS

SHOP NO 1, 2, 3, 4, 4A, 5 & 6, KARAN"A" GALA NAGAR, ACHOLE ROAD,NALASOPARA (EAST),DISTRICT THANE MAHARASHTRA 401 209

Branch
Nalasopara (west), Thane

BARB0NALASO

HOUSE NO 41, SAMEL PADA,NALLASOPARA(WEST), THANE, MAHARASHTRA - 401 209

Branch
Nerul

BARB0DBNERU

SHOP NO 3456 SUN CITY PLOT NO 39SECTOR 44 BEHIND HP PETROL PUMP NERUL THANE MAHARASHTRA 400706

Branch
Nerul

BARB0VJNERU

ARMY COOP HSG SOCIETY , PLOT NO 6,DARA ENCLAVE , SECTOR9,NERUL , NAVI MUMBAI , 400706

Branch
New Panvel

BARB0VJNPAN

P B NO 32 , SHIVA COMPLEX,SECT19 , POST OFFICE ROAD , NAVI MUMBAI , 410206

Branch
Nilje Branch, Tal.kalyan, Maharashtra

BARB0NILJEX

SHOP NO.1,2,3 SHAKUNTALA RESIDENCY, LODHA HEAVEN VILLAGE NILJE, TAL.KALYAN, DIST.THANE, MAHARASHTRA - 421204.

Branch
Palegoan-thane

BARB0VJPALE

GROUND FLOOR , H.NO.417, PHALEGAON , KALYAN TALUK,THANE , PALEGOAN , 421301

Branch
Palghar,thane, Mh

BARB0PALTHA

VEDANT VILLA, ACHARYAWADA, OPP. MANISHA DAIRY, MAHIM ROAD, PALGHAR [W] DIST : THANE, MAHARASTRA 401404.

Branch
Pokhran Road,thane,mh

BARB0POKHAR

SHOP NO 15A,B,C,SWASTIK GARDEN,SUBHASH NAGAR,POKHRAN ROAD,NO 2 THANE WEST,MAHARASHTRA - 400601.

Branch
Saphale Nagar, Mh

BARB0SAPHAL

GALA NO. 1 TO 5,SANGAM BUILDERS, SWASTIK PARK, SAPHALE EAST, THANE, MAHARASHTRA - 401102

Branch
Seawood - Darave

BARB0VJSEAW

SHIV BHAKTI COOP. HSG. SOC. LTD PLOT , NO.119 SECTOR NO. 50 VILLAGE SEAWOODS, , NERUL WEST, NAVI MUMBAI , NAVI MUMBAI , 400706

Branch
ShreeNagar Thana West

BARB0DBSHRE

A131 SECTOR 4SHREENAGARTHANE 400604 MUMBAI THANE MAHARASHTRA 400604

Branch
Thanaw

BARB0VJTHAW

NO.5 GAURANGI CHAMBERS , OPPDAMANI ESTAT , L B S MARG , THANA , 400062

Branch
Thane

BARB0DBTHAN

SHANTA SADAN 272GOKHALE ROAD MUMBAI THANE MAHARASHTRA 400602

Branch
Thane-west-ghodbunder Road

BARB0VJTHAG

JANGID HEIGHTS,SHOP NO.4 TO 8 , NEAR CINE WONDER , THANEWEST , THANA , 400607

Branch
UlhasNagar

BARB0VJULHA

JAHAN ARCADE, KALYANAMBERNATH ROAD , SHANTINAGAR, ULHASNAGAR 3 , ULHASNAGAR , 421003

Branch
UlhasNagar Main

BARB0DBULHA

PLOT NO405MAIN ROAD MUMBAI THANE MAHARASHTRA 421005

Branch
UlhasNagar Sec3, Maharashtra

BARB0LAXULH

SHOP NO. 1,2&3,GROUND FLOOR,LAXMI VILLA,A RESORT,KALYAN,M C ROAD,ULHASNAGAR SEC3,THANE,MAHARASHTRA - 421003.

Branch
UlhasNagar Sector

BARB0DBULHS

FURNITURE BZRULHASNAGARSEC2UNAGAR THANE THANE MAHARASHTRA 421002

Branch
Uttan, Thane

BARB0DBUTAN

UTTAN BUS STANDVIA BHAYANDAR MUMBAI THANE MAHARASHTRA 401106

Branch
Vangani,maharashtra

BARB0VANGAN

JIJAI NIVAS,SAMARTH MARKET,NEAR WATER TANK,PASHANE ROAD,VANGANI,DIST THANE,MAHARASHTRA - 421503

Branch
Vasaigon,mh

BARB0VASAIG

SURVEY NO 1887,GROUND FLOOR,PARNAKA NEAR JANAKI TALKIES,TAL VASAI,DIST THANE,MAHARASHTRA 401201.

Branch
Vashi Sec

BARB0DBTHEN

SHOPCENTRESECNO6TURBHE VASHIPO NEW BOMBAY MUMBAI THANE MAHARASHTRA 400703

Branch
Vashi Sector

BARB0DBVASH

K34APMC MARKETIPHASE IITURBHE MUMBAI THANE MAHARASHTRA 400705

Branch
VijayNagari, Mumbai

BARB0GHODBA

GREEN ACRES PH-1, SHOP NO 13-18, NEAR VIJAYNAGARI WAGHBIL ROAD, THANE (WEST), MUMBAI-400601

Branch
Virar East,maharastra

BARB0VIREAS

GROUND FLOOR,VIDYA SADAN,MANVEL PADA,TALUKA VASAI,DIST THANE,VIRAR EAST,MAHARASHTRA 401305

Branch
Wada

BARB0WADPAL

DAHE SOCIETY TDCC BANK MAIN ROAD OPP KAILAS PO WADA DT PALGHAR MAHARASHTRA 421303

Branch
Washind

BARB0DBWASH

NEAR MARUTI MANDIROLD AGRA ROAD DIST THANE WASHI THANE MAHARASHTRA 421604

What are Bank Of Baroda IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Bank Of Baroda IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Bank Of Baroda IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Bank Of Baroda Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Bank Of Baroda Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining 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.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored 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

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.