Select Branch for Bank Of Baroda in Chennai, Tamil Nadu
Choose a branch to view IFSC code and details
A R M B,chennai
BARB0VJACHE
VIJAYA BANK ARMB, NO 144, , MOORE STREET, , CHENNAI , CHENNAI , 600001
AbhiramaPuram
BARB0VJABHI
NO 34 C P RAMASWAMY ROAD ABHIRAMPURAM
Adambakkam
BARB0VJADAM
NO 2 (1ST FLOOR) CITY LIMIT RD SECRETARIATCOLONY ADAMBAKKAM
Adayar, Chennai
BARB0ADAYAR
ANU ARCADE NO 1, 15TH CROSS STREET, SASTRI NAGAR, ADAYAR, CHENNAI, TAMILNADU - 600 020
Alwarpet Branch
BARB0ALWARP
ALWARPET BRANCH,252 A, TTK ROAD, ALWARPET,,CHENNAI,600018
Alwarpet, Chennai
BARB0DBAPET
NO83 SAPTHAGIRI APARTMENTSTTK ROAD ALWARPET CHENNAI CHENNAI CHENNAI TAMIL NADU 600018
Ambattur Branch
BARB0AMBATT
AMBATTUR BRANCH,119,MTH ROAD,AMBATTUR,CHENNAI,600053
Ambur
BARB0AAMBUR
44 15A BYPASS ROAD AMBUR CHENNAI TAMIL NADU 635802
Aminjikarai
BARB0DBAMIN
703 P H ROAD AMINJIKARAI
Arcot Road
BARB0VJVAPA
189 1 ARCOTROAD VADAPALANI TAMILNADU 600026
Arumbakkam
BARB0VJARUM
NO536, GROUND FLOOR, , POONAMALLEE HIGH ROAD, , ARUMBAKKAM, CHENNAI , CHENNAI , 600106
Ashok Nagar
BARB0VJASHO
NO 22 10 AVNUE ASHOK NAGAR
Aynavaram,chennai
BARB0AYANAV
248 KONNUR HIGH ROAD,AYANAVARAM,CHENNAI,TAMIL NADU 600023.
Bank Of Baroda
BARB0VILLIV
PUSHPANJALI APARTMENTS, NO 1 MTH ROAD,OPP INDUS IND BANK
Besant Nagar
BARB0VJBENA
E18, 16TH CROSS ROAD, , BEASANT NAGAR, , CHENNAI, , CHENNAI , 600090
Big Street Branch
BARB0VJTRIP
No 2 Bharathi Salai Triplicane Chennai 600005
Car Street Cuddalore
BARB0VJCULO
74 CAR STRET,CUDDALORE
Cbb Ii, Chennai
BARB0VJBCHE
123,DUGAR TOWERS , RUKMINI LAKSHMIPATHI ROAD, , EGMORE , CHENNAI , 600008
Cbb-i, Chennai
BARB0VJBCHM
168 , MOUNT ROAD , CHENNAI , CHENNAI , 600002
Cbb, Chennai
BARB0DBCORC
FIRST FLOOR BETA WINGRAHEJA TOWERS177 ANNA SALAI(MOUNT ROAD) CHENNAI CHENNAI TAMIL NADU 600002
Choolaimedu Branch
BARB0CHOOLA
CHOOLAIMEDU BRANCH,SJM HOUSE,52,NELSON MANICKAM ROAD,CHOOLAIMEDU,CHENNAI,600094
Contact Centre Chennai
BARB0CONCHE
NO. 90 B-1 SBC TECH PARK MADRAS THIRUVALLUR HIGH ROAD, AMBATTUR INDUST
Corporate Financial Services Branch
BARB0INFIMA
CORPORATE FINANCIAL SERVICES BRANCH, CHENNAI, TAMIL NADU
E.c. Street Branch
BARB0ECSTRE
E.C. STREET BRANCH,3 ERABALLU CHETTY STREET,CHENNAI,600001
Egmore Branch
BARB0EGMORE
EGMORE BRANCH,52, MONTIETH ROAD, EGMORE,CHENNAI,600008
Express EState Mount Road
BARB0VJMOUN
P B NO 360├╜├╜ 168 MOUNT ROAD├╜├╜ CHENNAI├╜├╜ CHENNAI├╜├╜ 600002
Gandhi Nagar Adayar
BARB0VJADYA
P B NO 925├╜├╜ 77 1ST MAIN ROAD├╜├╜ GANDHINAGAR├╜├╜ CHENNAI├╜├╜ 600020
George Town
BARB0DBGEOR
KADEL CHAMBERS├╜340 MINT STREET├╜CHENNAI├╜CHENNAI├╜TAMIL NADU├╜600079
GopalaPuram
BARB0VJGOPA
OLD NO 245 NO 306 LLYODS RO GOPALAPURAMROYAPETTAH
Gummidipoondi
BARB0DBGUMM
G N T ROAD GUMMIDIPUNDI GUMMI THIRUVALLUR
Hamilton Bridge
BARB0DBHTON
HAMILTON BRIDGE 23 ROYAPETTAHHIGH ROAD
Ibb Madras Branch
BARB0MADOVE
IBB MADRAS BRANCH,P.B.NO.5018,45,MOORE STREET,,CHENNAI,600001
Indira Nagar
BARB0VJINNG
NO 25 3 RD AVENUE INDIRANAGAR
Jn Road Arumbakkam
BARB0ARUMBA
NO.1, SECOND MAIN ROAD, JEGANNATHAN NAGAR, ARUMBAKKAM, CHENNAI, TAMIL NADU 600106
K.k.Nagar Branch
BARB0KKNAGA
K.K.NAGAR BRANCH,20,DR.NATESAN ROAD,K.K.NAGAR,CHENNAI,600083
Kambar Salai Mogappair
BARB0MOGAPP
KAMBAR SALAI MOGAPPAIR, CHENNAI
Kilpauk
BARB0VJKILP
182 ANKUR MANOR POONAMALLEE HIGH ROAD
Kodambakkam
BARB0VJKDMB
519, FIRST FLOOR, VELLALAR STREET, , OPPOSITE TO BEST HOSPITAL, KODAMBAKKAM , CHENNAI , CHENNAI , 600024
Kodambakkam,tn
BARB0KODAMB
10 FIRST MAIN STREET,UNITED INDIA COLONY,KODAMBAKKAM,CHENNAI,TAMIL NADU 600024.
Kolathur
BARB0DBKLTR
19 1ST MAIN ROAD LAKSHMAN NAGARPERAVALLUR POST KOLATHUR CHENNAI CHENNAI TAMIL NADU 600082
Kolathur Branch
BARB0KOLATH
KOLATHUR BRANCH,1,SRINIVASA NAGAR,KOLATHUR,CHENNAI,600099
Little Mount Saidapet
BARB0VJSAID
NO 52 143 MOUNT ROAD LITTLE MOUNTSAIDAPET
M S M E Ambattur
BARB0VJMAMC
NO 174 SOUTH PARK STREET VENKATAPURAMAMBATTUR
M.r.c.Nagar Branch
BARB0MRCNAG
M.R.C.NAGAR BRANCH,89,SANTHOME HIGH ROAD,CHENNAI,600028
Maduravoyil,chennai,tn
BARB0MADTHI
8 VISHWAS NAGAR,MADURAVOYIL,DIST CHENNAI,TAMIL NADU 600095.
Meenambakkam
BARB0VJMEEN
19 G S T ROAD OPP OLD AIRPORT├╜├╜ MEENAMBAKKAM├╜├╜ CHENNAI├╜├╜ CHENNAI├╜├╜ 600027
Mid Corporate Cluster Office South
BARB0MIDCLS
NO 168 ANNA SALAI 1ST FLOOR OPP SPENCER PLAZA CHENNAI
Moore Street
BARB0VJMOOR
PB NO 2004 NO 144 46 MOORE STREET CHENNAI TAMIL NADU
Mount Road Branch
BARB0MOUNTR
MOUNT ROAD BRANCH,1 CLUB HOUSE ROAD, ANNA SALAI,CHENNAI,600002
Mount Road, Chennai
BARB0DBMOUN
NO105 GP ROAD CHENNAI CHENNAI TAMIL NADU 600002
Mugappair West
BARB0VJMOGA
NO 30 VELLALAR STREET V G P PANNER NAGARMOAPPAIR
Mylapore Branch
BARB0MYLAPO
MYLAPORE BRANCH,101, LUZ CHURCH ROAD, MYLAPORE,CHENNAI,600004
N M Road Avadi
BARB0VJAVAD
80 A NM ROAD AVADI
Natesan Nagar Virugambakkam
BARB0VJVIBA
327 NATESAN NAGAR 1ST STREET VIRUGAMBAKKAM
Nri Branch KkNagar
BARB0NRICHE
NRI BRANCH KKNAGER 20 DR NATESAN SALAI KKNAGAR CHENNAI TAMIL NADU 600083
Nungambakkam
BARB0DBNUNG
14 1 AVENUE ROAD NUNGAMBAKKAM CHENNAI
Nungambakkam
BARB0VJNUNG
NO 7 ROSY TOWERS , UTTAMAR GANDHI ROAD , , NUNGAMBAKKAM , CHENNAI , 600034
Nungambakkam Branch
BARB0NUNGAM
NUNGAMBAKKAM BRANCH,PB 3312,32,NUNGAMBAKKAM HIGH ROAD,CHENNAI 34,600034
Officers Line Vellore
BARB0VJVELL
34 OFFICERS LINE,BISHOPS HOUSE,VELLORE
Pbb Annanaga Branch
BARB0PBBANN
PBB ANNANAGA BRANCH,Y-224,6TH MAIN ROAD,2 AVENUE, ANNA NAGAR,CHENNAI,600040
Perambur
BARB0VJPERA
1441, 1ST MAIN ROAD, , JAWAHAR NAGAR, , CHENNAI, , CHENNAI , 600082
Perungalathur
BARB0PRUNGA
NO 11/12, KAMARAJ SALAI, VENKAT NAGAR, OLD PERUNGALATHUR 600063
Perungudi,chennai
BARB0PERUNG
NO 231, IT HIGHWAY, RAJIV GANDHI ROAD,PERUNGUDI, CHENNAI, TAMIL NADU 600 096
Poonamallee
BARB0PONAMA
17, 3B1, POONAMALLEE HIGH ROAD, SENEERKUPPAM, POONAMALLEE 600056
Purasawakkam Branch
BARB0PURASA
PURASAWAKKAM BRANCH,80,RITHERDON ROAD,,CHENNAI,600012
Purasawalkam
BARB0DBPURA
1RAJA ANNAMALAI ROAD1ST FLOORPURASAWALKAM CHENNAI CHENNAI TAMIL NADU 600084
Purusawalkam
BARB0VJPURU
6 PALACE TOWER P H ROAD PURUSAWALKAM
Rajaji Road Branch
BARB0NORTHB
RAJAJI ROAD BRANCH,28 RAJAJI SALAI,CHENNAI,600001
Rajakilpakam, Tamilnadu
BARB0RAJAKI
6 VGP SRINIVASA NAGAR MADAMBAKAM MAIN ROAD RAJAKILPAKAM, CHENNAI, TN
Ramavaram Branch
BARB0GIRINA
RAMAVARAM BRANCH,1&2 GIRINAGAR, RAMAVARAM,CHENNAI,600089
Ramkrishn Ng Branch
BARB0RKNAGA
RAMKRISHN NG BRANCH,15 SRINGERI MUTT ROAD, R.K. NAGAR,CHENNAI,600028
Rangan Street T Nagar
BARB0VJTNGR
NO├╜ 10├╜├╜├╜ RANGAN STREET├╜├╜├╜ T NAGAR├╜├╜ CHENNAI├╜├╜ 600017
Rangaraj Puram
BARB0VJRAPU
NO 25├╜ 1ST STREET├╜├╜ NAGARJUNA NAGAR├╜├╜ RANGARAJPURAM KODAMBAKKAM├╜├╜ CHENNAI├╜├╜ 600024
Retail Asset Branch,chennai
BARB0DBTCHE
RETAIL ASSET BRANCH83 TTK ROAD ALWARPET CHENNAI CHENNAI TAMIL NADU 600081
Rl Road Egmore
BARB0VJEGMO
PB NO 3025 123 DUGAR TOWERS R L ROAD CHENNAI TAMIL NADU 600008
Rosarb Chennai
BARB0SARCHE
1ST FLOOR NO.10CP RAMASAMY ROAD ALWARPET CHENNAI TAMILNADU-600018
Royapettai,,chennai,tn
BARB0ROYAPE
DOOR NO 21,TTK ROAD,ROYAPETTAI,CHENNAI,TAMIL NADU 600014.
RoyaPuram Br., Chennai, T.n.
BARB0ROYAPU
BLDG. NO. 60, EAST KALMANDAPAM ROAD, ROYAPURAM, CHENNAI, TAMIL NADU - 600 013.
Samche
BARB0SAMCHE
4TH FLOOR JBAS BUILDINGNO 45 MOORE STREET STRESSED ASSET MANAGEMENT
Sannathi Street Mylapore
BARB0VJMMYL
NO 12├╜├╜ SANNADHI STREET├╜├╜ MYLAPORE├╜├╜ CHENNAI├╜├╜ 600004
Sembudoss Street
BARB0DBSEMB
80 81 BROADWAY MADRAS
Service Branch, Chennai
BARB0SERMAS
SHAKTHI TOWERS,766, ANNA SALAI,CHENNAI-600 002
Shiva Shanmugam Sttambaram
BARB0VJTAMB
NO 8 SHIVASHANMUGAM STREET TAMBARAM WEST
Siet.college Branch
BARB0COLMAD
SIET.COLLEGE BRANCH,K.B.DASAN ROAD TEYNAMPET,CHENNAI,600018
Sithalapakkam
BARB0SITHAL
4 9 21 A SITHALAPAKKAM OTTYAMPAKKAM MAIN ROAD OPP PANCHAYAT OFFICE SITHALAPAKKAM CHENNAI TAMIL NADU 600126
Sme Branch Chennai
BARB0SMECHE
74, 1ST FLOOR, THIYAGARAYA ROAD,T. NAGAR, CHENNAI
Sowcarpet Branch
BARB0SOWCAR
SOWCARPET BRANCH,6 DEVARAJA MUDALI STREET, SOWCARPET,CHENNAI,600003
Sowcarpet,chennai
BARB0VJSOWC
NO.74,AIV TOWERS , DEVARAJA MUDALI STREET , SOWCARPET,CHENNAI , CHENNAI , 600003
Srinivasa Nagar Kolathur
BARB0VJKTHR
NO 120 SRINIVASA NAGAR 1ST STREET,KOLATHUR CHENNAI 600099
T C Road T Nagar
BARB0DBTNAG
NEW NO 6 OLD NO├╜ 54 SOUTH BOAG ROAD CHEVALIER SIVAJI GANESAN ROAD T NAGAR CHENNAI├╜ CHENNAI├╜ CHENNAI├╜ TAMIL NADU├╜ 600017
T.Nagar Branch
BARB0THEAGA
NO.74, THEAGARAYA ROAD, NEAR PANAGAL PARK, T.NAGAR, CHENNAI 600017
Tambaram Branch
BARB0TAMBAR
TAMBARAM BRANCH,3,DURAISAMY REDDY STREET TAMBARAM CHENNAI,,600045
Thiruvanmiyur, Chennai
BARB0THICHE
PLOT 115, 5TH EAST STREET, KAMRAJ NAGAR, TNHB THIRUVANMIUR, CHENNAI, TAMILNADU - 600 041
Thomas Mount Branch
BARB0STTHOM
THOMAS MOUNT BRANCH,1/54-24 SHANMUGAMCOLONYOFF.MOUNTPOOMLERDCHENNAI 16,CHENNAI,600016
Three Ed Avenue Anna Nagar
BARB0VJANNA
NO W 122├╜├╜ 3RD AVENUE├╜├╜ ANNANAGAR├╜├╜ CHENNAI├╜├╜ 600040
Tiruvateeswa Branch
BARB0TIRUVA
TIRUVATEESWA BRANCH,280,TRIPLICANE HIGH ROAD,TRIPLICANE,CHENNAI,600005
Tondiarpet
BARB0DBTOND
637 T H ROAD TONDIARPET TAMIL NADU 600081
Tondiarpet
BARB0VJTOND
P B NO 3074 108 G A ROAD TONDIARPET 600021
Ullagaram, Chennai
BARB0ULLAGA
PLOT 372-373 MEDAVAKKAM MAIN ROAD ULLAGARAM, CHENNAI 600 091
Vadapalani Branch
BARB0VADAPA
32, PALANI ANDAVAR KOIL ST., VADAPALANI, CHENNAI 600026. TAMIL NADU
Valasaravakam Branch
BARB0VALSAR
140, ARCOT ROAD, VALSARAVAKKAM, CHENNAI 600087, TAMIL NADU
Velacherry,chennai
BARB0VELACH
KUSHI NO 141, OLD NO 48, VELLACHERRY MAIN ROAD, CHENNAI-600042
Velachery
BARB0VJVELA
3A11, VIJAYA NAGAR , 1ST MAIN ROAD, VELACHERY , CHENNAI , CHENNAI , 600042
Velappanchavadi, Tamil Nadu
BARB0VELAPP
126, POONAMALLEE,HIGH ROAD,VELAPPANCHAVADI,CHENNAI,TAMIL NADU 600077.
Venkatnarayana Road
BARB0VJVARO
31 PALANI TOWERS VENKATNARAYANA ROAD,T NAGAR CHENNAI 600017
VinayagaPuram
BARB0VINAYA
NO.1, MARIAMMAN NAGAR, VIVEKANANDA ROAD, VINAYAGAPURAM, CHENNAI, TAMIL NADU 600099
Virugambakkam,chennai,tn
BARB0VIRUGA
SRI SAI NAGAR,10 KALIAMMAN,KOIL STREET,VIRUGAMBAKKAM,CHENNAI,TAMILNADU - 600092.
West Mambala Branch
BARB0CHENBS
WEST MAMBALA BRANCH,90 ARYA GOWDA ROAD, WEST MAMBALAM,CHENNAI,600033
Wimco Nagar Branch
BARB0WIMNAG
WIMCO NAGAR BRANCH,665,T.H.ROAD,TIRUVOTTIYUR,,CHENNAI,600019
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.
Latest Blog Posts
-
Advance EMIs Explained: How Early Payments Can Save You Money & Strengthen Your Credit
Paying EMIs in advance reduces loan interest, boosts your credit score, and lightens monthly burdens. Discover how advance EMIs improve your financial health.
-
Car Loan EMI Calculation Made Simple: Save More with Smart Planning
Calculate your car loan EMIs in seconds! Use our smart EMI calculator to compare options, save on interest, and plan your finances confidently.
-
Home Loans vs SIP Investments: Choose the Smarter Option for Your Future
Confused between SIP investments and home loans? Learn the pros and cons of each to make smarter, goal-based financial decisions. Find out what suits you best.
-
How to Accurately Calculate EMIs for Car Loans
Learn how to calculate car loan EMIs with precision. Understand key factors, use EMI formulas or calculators, and plan repayments confidently.
-
A Guide on How to Use a Mortgage Loan EMI Calculator
Learn how to use a mortgage loan EMI calculator step by step. Estimate monthly payments, compare loans, and plan better with accurate EMI calculations.