IFSC Code of Bank Of Maharashtra, Maharashtra, Pune, Daund

MAHB0000680

Bank Of Maharashtra

Bank Of Maharashtra

IFSC Code

MAHB0000680
MICR Code

413014476
Bank Name Bank Of Maharashtra
District Pune
State Maharashtra
Address Saraswati Joshi Bunglow 35 Daund,
Phone +919028381374

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the Bank Of Maharashtra Branch Near You

List of all Bank Of Maharashtra Branch IFSC Code

Alternate Business Channel

MAHB0009012

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Amanora Park

MAHB0002823

TUPE ESTATE APARTMENT, OPPOSITE BILLABONG HIGH SCHOOL, HADAPSAR, PUNE, DIST. - PUNE, MAHARASHTRA - 411028
Ambegaon

MAHB0001576

SR NO 7/4 , AMBEGAON BUDRUK, NEAR RIBM COLLEGE
Asset Recovery Branch Pune

MAHB0001453

II ND FLOOR, 444, SOMWAR PETH, AGARKAR HIGH SCHOOL PREMISES, PUNE
Baner Nx

MAHB0002550

SHOP NO 3,4 & 5, ROYAL FORTUNE, SURVEY NO 15P, PAN CARD CLUB ROAD, BANER, TAL-HAVELI, DISTRICT- PUNE
Board Secretary

MAHB0009013

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Business Development

MAHB0009014

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Chikhali Pune

MAHB0002411

SHOP NO 3 & 4, GAT NO 1193/1, P-SQUARE P2, PINGALE ROAD, CHIKHALI PUNE-411062
Compliance

MAHB0009015

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Corporate Services

MAHB0009016

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Cpc Online Account

MAHB0009009

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Agriculture

MAHB0009017

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Corporate

MAHB0009018

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Monitoring

MAHB0009021

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Msme

MAHB0009019

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Retail

MAHB0009020

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit Card Cell

MAHB0001977

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Demat Cell

MAHB0009011

BAJIRAO ROAD, PUNE, MAHARASHTRA
Dhanori

MAHB0002410

SHOP NO 3 & 4 & 5, MST ASPIRE, S NO 283/5, MST CHOUK LOHEGAON-DIGHJ ROAD, DHANORI , PUNE-411047
Digital Banking Department

MAHB0009037

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Digital Banking Unit Lokmangal Pune

MAHB0002294

1501, LOKMANGAL, SHIVAJINAGAR, PUNE-411005
Digital Channel Reconcilation Department

MAHB0009006

JANMANGAL BUILDING, BAJIRAO ROAD, BUDHWAR PETH, PUNE-411002
Digital Lending Department

MAHB0009039

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Financial Inclusion

MAHB0009022

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Fma

MAHB0009000

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Govt. Business And Customer Services

MAHB0009023

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Handewadi

MAHB0002535

SR. NO. 16/1/1/2/4/5, SHOP NO 1 & 2, A WING, FORTUNE IMPRESS, KATRAJ BYPASS, AUDADE HANDEWADI, PUNE, DISTRICT-PUNE, MAHARASHTRA-412308
Housing Finance Br. Earlier Name - Hadapsargaon

MAHB0001129

YESHOMANGAL, FIRST FLOOR PUNE, FERGUSON ROAD
Housing Finance Branch Hadapsar

MAHB0002424

SHOP NO 7A/2,2ND FLOOR, JANMANGAL BUILDING, HADAPSAR, PUNE-411013
Housing Finance Branch Wakad

MAHB0002363

SHOP NO. 34, VISION MALL, BHUMKAR CHOWK ROAD, WAKAD, PUNE -411033
Human Resource Management

MAHB0009024

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Information Technology

MAHB0009025

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Inspection And Audit

MAHB0009026

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Integrated Risk Management

MAHB0009027

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Jalochi

MAHB0001409

PLOT NO. 34, MIDC JALOCHI BHIGWAN ROAD, PENCIL CHOWK
Junnar

MAHB0000623

U.B. MORE BUILDING, OPP. MAHASUL BHAVAN, JUNNARNEAR NEW BUS STAND,
Legal

MAHB0009028

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Lohegaon

MAHB0002401

SHOP NO1 AND 2, LANDMARK TRADE CENTRE,LOHEGAON WAGHOLI ROAD,LOPHEGAON, PUNE-411047
Lonavala-tilak Road

MAHB0000075

194, G.WARD, DR SISODIA BLDG, TILAK ROAD, LONAVALA 410401
Lonikand

MAHB0001829

Kakawadi, At and Post Lonikand,Taluka Haveli
Manchar

MAHB0000112

BANK OF MAHARASHTRA BUILDING, 106-107 BABU GENU RD, MANCHAR 410503
Markal

MAHB0001841

S No.422, Ward No.3, Markal, Taluka Khed, Dist MARKAL
Marketing And Publicity

MAHB0009029

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Mid Corporate Branch Hadapsar

MAHB0002614

S.NO 7A-2, JANMANGAL BUILDING, BESIDE WANVADI POLICE STATION, HADAPSAR INDUSTRIAL ESTATE, PUNE, MAHARASHTRA-411013
Mid Corporate Branch Pune

MAHB0002390

SHOWROOM NO 1 SURVEY NO 45/1A/1, GROUND FLOOR, GLOBAL PORT BUILDING , MUMBAI BANGLORE BYEPASS, BANER, PUNE-411045
Mid Corporate Branch Talawade

MAHB0002409

SHOP NO 3,4,5 SHARAD NAGAR CTS NO 1015, SECTOR 20, NIGDI, PUNE-4110035
Moshi

MAHB0002615

VITTHAL LANDMARK, OLD ALANDI-MOSHI ROAD, PUNE,DIST-PUNE, MAHARASHTRA - 412105.
Narayangaon

MAHB0000414

SHOP NO. G1, G2, G3, AND G4, LANDMARK BUSINESS PARK, PUNE-NASHIK HIGHWAY, NARAYANGAON, TAL. - JUNNAR, DIST. - PUNE, MAHARASHTRA - 410504
Narhe, Pune

MAHB0001459

RAJ PARADIES NARHE, PLOT NO.3, SURVEY NO. 48/56,
Operations

MAHB0009030

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Pargaon Tarf Asawari Bk

MAHB0001842

SHOP NO. 7, 8, AND 9, MUKTAI COMPLEX, KARKHANA ROAD, PARGAON TARFE AWASARI BK., TAL. - AMBEGAON, DIST. - PUNE, MAHARASHTRA - 412406
Pashan

MAHB0001384

SHOP NO. 1, 2 & SHOWROOM NO. 3, ASHWAT BUILDING, SHIV SHAKTI CHOWK, SUS ROAD, PASHAN, PUNE - 411021
Pimpri Bk. Pune

MAHB0001074

KOHINOOR PLAZA, GAT NO 68, BHAM SANTOSH NAGAR, WAKI, BUDRUK, TAL-KHED,PUNE
Planning And Development

MAHB0009031

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Punawale

MAHB0002824

SHOP NO. 6, 7, AND 8, AARCON PUNWALE, TAL. - MULSHI, DIST. - PUNE, MAHARASHTRA - 411033
Pune - Bhavanipeth

MAHB0000028

169 KIRAD LANE, NEAR PALKHI CHOWK, BHAWANI PETH, PUNE
Pune - Pimpri

MAHB0000080

JANAMANGAL, MUMBAI PUNE ROAD, PIMPRI CHINCHWAD, 411018
Pune - Wakad

MAHB0001773

G-O SQUARE, SHOP NO. 4 B, A BUILDING, HINJEWADI WAKAD, PUNE
Pune Bavadhan

MAHB0001385

SR NO 52/1A, SHOP NO 10, PLOT NO 2, SANJAY GHODAWAT INSTITUTE BUILDING , MUMBAI BANGLORE HIGHWAY, BAVDHAN
Pune Hadapsar Ind. EState

MAHB0000081

SR. NO. 8, MEGA CENTRE, HADAPSAR , PUNE
Pune Kharadi

MAHB0001366

SHOP NO 2, SR NO 52/1/23 & SR NO 52/1/31, ARHAM APARTMENTS, NAGAR ROAD, KHARADI BYPASS, KHARADI, PUNE
Pune Nanded Phata

MAHB0001745

SHOP NO 7 & 8, POORVA SHRUSHTI, WADGAON KHURD , SINHGAD ROAD, PUNE
Pune Nigdi

MAHB0000601

NIRMAL GREEN, SHOP NO.1, N P LIFESTYLE OLD MUMBAI PUNE ROAD, NEAR PAWALE BRIDGE, NIGDI
Pune University Campus- Pune

MAHB0001355

PUNE UNIVERSITY CAMPUS, PUNE, NEAR MAIN BUILDING, ADMINISTRATIVE BLOCK
Pune- Baner

MAHB0001348

KAPIL CLASSIC, S. NO. 288, PUNE, HISSA NO. 1A/1,
Pune- FatimaNagar

MAHB0001444

VISHAL ENCLAVE, UNIT 4 and 5, SURVEY NO.12, WANOWRIE, FATIMA NAGAR, SHIVARKAR ROAD
Pune- LullaNagar

MAHB0001210

NEON MARUTI SERVICE STATION BLDG. WANVADI, PUNE, SALUNKE VIHAR ROAD
Pune- Mseb

MAHB0001431

MSEDCL COMPLEX, PUNE, RASTA PETH
Pune- Pimple Saudagar

MAHB0001443

DWARAKA LORDS, SURVEY NO.122, UNIT NO.1A,1,2 and 3, SHIVARI CHOWK
Pune- Pmc

MAHB0001430

PUNE MUNICIPAL CORPORATION COMPLEX, PUNE MUNICIPAL CORPORATION, SHIVAJI NAGAR
Pune- Vadgaon Budruk

MAHB0001159

CHAMANLAL COMPLEX, 17/1, MAHALAXMI SOC., SINGHAGAD RD, PUNE
Pune- Warje

MAHB0001349

FLY VIEW RESIDENCY, WARJE, PUNE, SHOPS 1 TO 6, SR. NO. 129,
Pune-akurdi

MAHB0000391

KALBHOR BLDG., NEAR TULJAI MANDIR, AKURDI, PIMPRI CHINCHWAD
Pune-aundh

MAHB0000118

PLOT NO 148-50-51, GROUND FLOOR, CHANCHAL APARTMENT, DP ROAD, SANGHAVI NAGAR, AUNDH
Pune-b.t.kawade Rd

MAHB0001716

Kawade Patil Corner, S.No.53/1 PUNE, B T Kawade Road
Pune-bajirao Road

MAHB0000001

1177, BAJIRAO ROAD, BUDHWAR PETH, PUNE
Pune-balbharati-s.b.road Branch

MAHB0001261

MAH. STATE BOARD OF TEXT BOOK PROD. BLDG, SENAPATI BAPAT RD, PUNE
Pune-balewadi

MAHB0001121

NATIONAL INSURANCE ACADEMY BLDG, BANER RD., BALEWADI, TEH. HAVELI
Pune-bhosarigaon

MAHB0000386

S.P.LANDE BLDG, LANDGEWADI BHOSARI GAON, PIMPRI CHINCHWAD 411026
Pune-bhusari Colony

MAHB0001208

S.NO.94/4 PLOT NO. 5/1, PAUD RD., BHUSARI COLONY, PUNE
Pune-bibwewadi

MAHB0000707

RENUKA, 687/A, ANIKET HOUSING SOCIETY 2, BIBWEWADI, PUNE
Pune-camp

MAHB0000076

KHUDA MURAD, 628-29 SACHAPIR STREET, CAMP, PUNE
Pune-charholi

MAHB0000766

Ground Floor, Vastu Shilp, Sr. No. 475/1, Charholi Budruk
Pune-chatushrungi

MAHB0000049

SAI CAPITAL BUILDING, OPP J W MARRIOT HOTEL, SENAPATI BAPAT ROAD, PUNE
Pune-chinchwad

MAHB0000127

SATISH CHAMBERS, STATION ROAD, CHINCHWAD, PIMPRI CHINCHWAD, DIST. PUNE, MAHARASHTRA - 411033
Pune-dapodi

MAHB0000114

Siddhi Tower, A wingShop no.6, Ganesh Nagar, Dapodi
Pune-deccan Gymkhana

MAHB0000003

PAWAR BLDG, J.M.ROAD, SHIVAJINAGAR, PUNE
Pune-dhankawadi

MAHB0000776

GULABNAGAP CO-OP. HSG.SOCY, DHANKAWADI, TEH. HAVELI
Pune-dr.d.y.patil Engg.college Br.

MAHB0001280

SHOP NO. 13,14,15, TULIP A-1, SUKHWANI CAMPUS, SANT TUKARAM NANGAR, PIMPRI, PUNE PIMPRI CHINCHWAD
Pune-erandavana

MAHB0000330

79/3, DR.KELKAR MARG, KAMALA NEHRU PARK, ERANDAWANA, PUNE
Pune-ganeshNagar.

MAHB0000756

CHINTAMANI ENCLAVE, SAMARTH PATH, GANESH NAGAR, PUNE
Pune-ghorpadi Bazar

MAHB0000184

31, SHIVA KRIPA, GHORPADI BAZAR, PUNE
Pune-guruwarpeth

MAHB0000185

R.K. MADIWALE BLDG, 193/94, GURUWAR PETH, PUNE
Pune-hi-tech Agri

MAHB0001142

RIYA BUILDING, OPP. P.L. DESHPANDE GARDEN, SINHGAD ROAD, PUNE
Pune-hinjawadi

MAHB0001367

SHOP NO. 5 AND 6, VANTAGE CAPITAL, HINJEWADI, DIST. - PUNE, MAHARASHTRA - 411057
Pune-indira Vasahat Bibwewadi

MAHB0001000

670 and 671, I. VASAHAT LOWER, PUNE, P.O. BIBWEWADI, TEH. HAVELI
Pune-industrial Finance

MAHB0000941

1183-A SADASHIV VILAS, F C ROAD, SHIVAJINAGAR, PUNE 411005
Pune-kalyaniNagar

MAHB0001223

FLORIANA ESTATE, 16/1 KALYANINAGAR, DUNKARK LANE
Pune-karve Nagar

MAHB0000970

25/29, SUVARNA BAUGH COLONY, KARVENAGAR, PUNE 411029
Pune-karve Road

MAHB0000116

25, AYURVED RASASHALA BLDG, KARVE ROAD, PUNE
Pune-kasarwadi

MAHB0000170

LANDGE BLDG, BOMBAY POONA RD, KASARWADI, PIMPRI CHINCHWAD 411034
Pune-kasba Peth

MAHB0000322

25 GANGOTRI, KASBA PETH, PUNE
Pune-katraj

MAHB0001413

KADAM PLAZA, OPP BHARATI VIDYPEETH POLICE STN.
Pune-kirkee

MAHB0000007

KIRKEE BUSINESS CENTRE, S.NO.134-B, PREMISES NO 7 and 8 KIRKEE, PUNEDR. BABASAHEB AMBEDKAR MARG OLD EPLHINST
Pune-kondhave Budruk

MAHB0000859

LAXMINIWAS BLDG WAGH BASTI, SURVEY NO. 103, KONDHWE BUDRUK, TEH HAVELI
Pune-kothrud

MAHB0000244

S.NO.1/3 4 5B, ANANDNILAY CO-OP.HSG.SOC., PUNE
Pune-masulkar Colony Pimpri

MAHB0001072

MASULKAR TOWER, MASULKAR COLONY, PIMPRI, PUNE 411018
Pune-mayur Colony

MAHB0000852

6, MAYUR COLONY, KARVE ROAD, KOTHRUD, PUNE
Pune-model Colony.

MAHB0000750

479/5, SADHANA, H.K.MANDIR PATH, MODEL COLONY, PUNE
Pune-modern College Road- Pune

MAHB0001328

PLOT NO.875, CTS NO.1186/A MODERN COLLEGE, PUNE, MODERN COLLEGE ROAD
Pune-mohamadwadi

MAHB0001615

Survey No 501 to 505, Nyati Chowk, Near Marath PUNE
Pune-mundhwa

MAHB0000135

S NO 59/3, KODRE BUILDING, PUNE
Pune-narayanpeth

MAHB0000154

568, KESARIWADA, NARAYAN PETH, PUNE 411030
Pune-navi Peth

MAHB0000102

F/P-720/6, NAVI PETH, SHASTRI MARG, PUNE 411030
Pune-navi Sangavi- Pune

MAHB0001484

Bhagyalaxmi Co-op. Housing Society Navi Sangavi, Pune Executive Corner , Shitole Nagar
Pune-nibm-kondhwa

MAHB0001124

NEXT TO NIBM, TEH HAVELI, DIST PUNE
Pune-overseas Branch

MAHB0001144

1183/A, SADASHIV VILAS, F.C. RD. SHIVAJINAGAR, PUNE
Pune-padmavati

MAHB0000315

SUSHILA DUTTA, SANGAM CO-OP. HSG, PADMAVATI, PUNE
Pune-parvati

MAHB0000158

PARVATI TOWERS, C.T.NO 82, PUNE
Pune-paud Phata

MAHB0000243

48, EX-SERVICEMEN COLONY, PAUD PHATA, ERANDAWANE, PUNE
Pune-pimpale Gurav- Pune

MAHB0001686

Trimurti Corner, Pawananagar PIMPLE GURAV, Trimurti Chowk
Pune-sahakar Nagar

MAHB0000321

PUNE VIDYARTHI GIRHA BLDG, SAHAKAR NAGAR, PUNE
Pune-salisbury Park

MAHB0000340

48/A DAIRUR APARTMENTS, SALTSBURY PARK RD, PUNE
Pune-sangamwadi

MAHB0000822

C.S.NO.14, PLOT NO. 174, D.P. RD, PUNE
Pune-shaniwar Peth

MAHB0000675

421/422, KAKASAHEB GADGIL ST, SHANIWAR PETH, PUNE
Pune-shankarshet Road

MAHB0000335

290/1, SHANKARSHET RD, P.JAWAHARLAL NEHRU MARG, PUNE
Pune-shivajiNagar

MAHB0000043

364/365/4, KASINATH PRASAD, SHIVAJINAGAR, PUNE
Pune-sinchan Bhavan

MAHB0001798

Sinchan Bhavan, Mangalwar Peth PUNE, Barne Road
Pune-somwarpeth

MAHB0000040

SHOP NO. 19 AND 20, GROUND FLOOR, OPPOSITE OLD ZILLA PARISHAD, ANTARIKSH TOWER, SOMWARPETH, PUNE, MAHARASHTRA - 411011
Pune-ssi Branch

MAHB0001140

POONAM PLAZA, MARKET YARD, OPP. KAMAL NURSING HOME, PUNE
Pune-swargate

MAHB0000100

1027, SHUKRAWAR PETH, KONDAN BHAVAN, SWARGATE, NEAR SWARGATE CORNER, TILAK ROAD, PUNE
Pune-t.m.v.colony

MAHB0000320

425/1, MANGAL DEEP, V.SAVARKAR MARG, TMV COLONY, PUNE
Pune-thergaon

MAHB0000853

SHASHI LAXMAN, SR.NO. 49/2A/17, NEAR PANDIT PETROL PUMP, THERGAON, TATHAWADE
Pune-tilak Road

MAHB0000041

S.P.COLLEGE COMPOUND, TILAK ROAD, PUNE
Pune-vadgaon Sheri

MAHB0000954

LALWANI HEIGHTS, S. NO.22, SAINIKWADI, OPP VITTHLANJAN KARYALAY, VADGAON SHERI
Pune-vimanNagar

MAHB0001344

LALWANI REGENCY, SHOP NO-1 and 2, SURVEY NO. 33 ,HISSA NO-1
Pune-vishrantwadi

MAHB0000313

DATARA BHAWAN, 113/4, VISHRANTWADI, PUNE
Pune-yamunaNagar Nigdi

MAHB0001132

SEC. 81, PLOT NO. 171, MUTHA CORNER, YAMUNANAGAR, PUNE, P.O.NIGDI 411044
Pune-yeravada

MAHB0000333

DR. GUGLE BLDG, 1137/D, PUNE-NAGAR RD, YERAVADA, PUNE
Rajbhasha

MAHB0009032

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Recovery And Samv

MAHB0009033

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Riverdale Grove Kharadi

MAHB0002822

SHOP NO. 12, RIVERSIDE GROVE, KHARADI, PUNE, DIST. - PUNE, MAHARASHTRA - 411014
Saswad

MAHB0000462

GROUND FLOOR, HOTEL PRESIDENT, OPPOSITE S. T. STAND, HADAPSAR - JEJURI ROAD, SASWAD, TAL. - PURANDAR, DIST.- PUNE, MAHARASHTRA-412301
Security And Cash Management

MAHB0009034

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Service Branch

MAHB0001004

JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002
Shivane UttamNagar

MAHB0002304

LAXMI CORNER, SURVEY NO.6/2, NDA ROAD, DESHMUKHWADI, SHIVANE, PUNE-411023
Slbc

MAHB0009035

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Somathane Phata

MAHB0001888

H. NO. 552 WARD NO. 2, SHIRGAON ROAD, SOMATANE
Startup Branch Pune

MAHB0002371

YASHOMANGAL 1183-A ,SHIVAJINAGAR FC ROAD,PUNE ,411005
Strategic Data Management Vertical

MAHB0009040

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Strategy Vertical

MAHB0009038

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Stressed Asset Management Branch Pune

MAHB0001446

YASHOMANGAL , 1183 SHIVAJINAGAR, F.C. ROAD, PUNE 411005
Sus

MAHB0001945

ANANDI PLAZA, NEAR GRAMPANCHAYAT OFFICE
Vigilance

MAHB0009036

LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Wadki

MAHB0001753

Modak s Building, 10th Mile WADKI, Pune-Saswad Road

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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