IFSC Code of State Bank Of India, Karnataka, Bangalore, Hoodi, Bangalore

SBIN0016234

State Bank Of India

State Bank Of India

IFSC Code

SBIN0016234
MICR Code

560002205
Bank Name State Bank Of India
District Bangalore
State Karnataka
Address No. 325, Hoodi Main Road, Hoodi, Mahadevapura Post, Dist Bangalore, Karnataka560048.
Phone

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the State Bank Of India Branch Near You

List of all State Bank Of India Branch IFSC Code

Administrative Unit, Zonal Office, Zone, Network Ii, Bangalore

SBIN0015895

NO.91/1, II FLOOR, STATE BANK BUILDING, INFANTRY ROAD, SHIVAJINAGAR, BANGALORE560001.
Adugodi

SBIN0017786

VIMRATH TOWER,59 BY 2,1ST FLOOR LASKAR HOSUR ROAD,ADUGODI,BANGALORE,DISTT.BANGALORE.KARNATAKA 560030
Aecs B Layout

SBIN0041190

NO 739 THE AIRCRAFT EMPLOYEES CO OPERATIVE SOCIETY LTD LAYOUT B LOCK BEGUR HOBLI SINGASANDRA VILLAGE 80FEET MAIN ROAD BANGALORE 560027
Akash Nagar

SBIN0015033

9/2, B NARAYANAPURA, AKASH NAGAR, K R PURAM HOBLI, BANGALORE560016
AnanthaPura Gate

SBIN0041203

NPA REDDY ARCADE ANANTHAPURA YELHANKA BANGALORE 560085
Andrahalli

SBIN0016874

NO.43 AND 44,SOUNDARYA EXTENSION,ANDRAHALLI MAIN ROAD,BANGALORE,DISTT.BANGALORE.KARNATAKA 560091
Attoor Layout, Bangalore

SBIN0013282

ADJECENT TO KMF DAIRY,80FT DOUBLE ROAD,YELAHANKA SETELLITE TOWN,560064
Bagalur

SBIN0021733

O3271GROUDFLOORYELAHAKABAGALURMAIROADBAGALUR
BanagiriNagar

SBIN0018230

NO3DEVAGIRIDIVINE,30THMAIN,BSKEXTN,BANGALORE,DISTT.BAGALOREURBAN,KARNATAKA560070
Bashattihalli Indl.eState

SBIN0008988

KIADB COMMERCIAL COMPLEX, BASHETTIHALLI, DODDABALLAPUR, BANGALORE RURAL- 561203
Begur

SBIN0018916

RADIANT SHINE COMMERCIAL BUILDING, S.NO.53-3, YELANAHALLI, BEGUR, DISTT.BANGALORE. KA-560068
Beml Layout, RajarajeswariNagar

SBIN0016223

NO, 251 HALEGEVDARAHALLI ROAD, 60 FT ROAD, RAJARAJESWARINAGAR, DIST BANGALORE, KARNATAKA 560098
Bhoopsandra

SBIN0017783

NO.1,KALPANA CHAWLA ROAD,BHOOPASANDRA,HEBBAL,BANGALORE,DISTT.BANGALORE.KARNATAKA 560094
Bommanahalli, Bangalore

SBIN0011285

BOMMANAHALLI,BANGALORE560068
Brigade Metropolis, Bangalore

SBIN0015034

M/S BRIGADE ENTERPRISES, WHITEFIELD ROAD, BANGALORE 560016.
Btm 1st Stage Bangalore

SBIN0017737

BTM 1ST STAGE BRANCH,12,100 FEET RING ROAD,BTM 1ST STAGE,BANGALORE,DISTT.BANGALORE.KARNATAKA 560068
Btm 4th Stage, Bangalore

SBIN0014512

48 BY 107,80 FEET DOUBLE ROAD,2ND BLOCK,4TH STAGE,BTM LAYOUT,BANGALORE 560076
Cac Bangalore North

SBIN0005215

STATE BANK OF INDIA, 1ST FLOOR, SBI HEBBAL BRANCH BUILDING, 12/13, LAKSHMAYYA LAYOUT, GANGANAGAR NORTH,BANGALORE, DIST BANGALORE560024
Ccpc Ii Bangalore

SBIN0040743

STATE BANK OF INDIA,CCPC-2,III FLOOR,SHANTARAM BESTOWAL ,LALBAGH MAIN ROAD,SHUDHAMANAGAR,BANGALORE-560027
Channasandra

SBIN0017780

NO.147,JAWAHARLAL NEHRU MAIN ROAD,CHANNASANDRA,RARAJESHWARI NAGAR,BANGALORE,KARNATAKA 560098
Chikkajala

SBIN0041073

1ST FLOOR KHANASHUMARI NO 131 AND 132 CHIKKAJALA VILLAGE DODDAJALA POST BANGALORE NORTH TALUK
Coffee Board Layout

SBIN0013281

AKSHAYA PURVA APARTMENT,COFFEE BOARD LAYOUT,KAMPAPURA HEBBAL 560024
Curency Administration Cell, Bangalore South

SBIN0005216

SBI ZONAL OFFICE ANNEX BUILDING, LHO COMPOUND, ST. MARKS ROAD, BANGALORE560001
Dasarahalli

SBIN0017736

NO.590 BY 33,BUVANESHWARINAGAR,T.DASARAHALLI,BANGALORE,DISTT.BANGALORE.KARNATAKA 560057
Dlf Newtown, Bangalore

SBIN0015022

8, DLF TOWNSHIP ROAD, BEGUR P.O., BANGALORE, KARNATAKA560068
Document Archival Centre Dac Bangalore

SBIN0010410

DOCUMENT ARCHIVAL CENTRE DAC BANGALORE, 45 B,2ND PHASE, PEENYA INDUSTRIAL AREA,BANGALORE ,PEENYA, BANGALORE PIN 560058
Doddakallasandra

SBIN0017650

NO 761 BY 68 BY 1 BY 1,DODDAKALLASANDRA,KANAKAPURA MAIN ROAD,DIST.BANGALORE.KARNATAKA 560062
Doddanekundi

SBIN0015615

25/7, SRI KOTE ASHIRWAD TOWERS, OUTER RING ROAD, DODDENAKUNDI, BANGALORE560037.
Domlur Branch, Bangalore

SBIN0016877

NO. 535, GURMUKH SINGH COMMERCIAL COMPLEX, AMARJYOTHI H.B.C.S. LAYOUT, DOMLUR, DIST BANGALORE, KARNATAKA 560071
DwarkaNagar, Bangalore

SBIN0015642

NO. 172 1 3, IIND MAIN, THAYAMMA LAYOUT, DWARAKANAGAR, NEAR BRAINDAVAN ENGINEERING COLLEGE, BAGALUR ROAD, BANGALORE 560063
Fort Branch

SBIN0007484

B.M.C.CAMPUS, K R ROAD,BANGALORE PIN 560002
Fslo, Bangalore

SBIN0001900

ANNEXE BUILDING,65 ST.MA RKS RO AD,BANGAALORE,DISTBANGALORE560001
GandhiNagar

SBIN0013283

NO.274,N R G V ROAD,SUBEDAR CHATRAM ROAD,GANDHINAGAR,BANGALORE560009
GiriNagar 3rd Phase, Bangalore

SBIN0016222

178, AVALAHALLI MAIN ROAD, GIRINAGAR, BANASHANAKARI 3RD STAGE, BANGALORE560085.
Goc Bangalore

SBIN0061145

IST FLOOR, KANAKAS PRIDE,BULL TEMPLE ROAD, OPP RAMAKRISHNA ASHRAM, BASAVANAGUD,BANGALORE-560004
Gottigere

SBIN0017607

39 44,JAMBUSAVARI DINNE ROAD,OFF BANNERGHATTA ROAD,GOTTIGERE,DISTT.BANGALORE.KARNATAKA 560083
HanumanthaNagar

SBIN0017781

NO 3,MOUNT JOY ROAD,HANUMANTHANAGAR,BANGALORE,DISTT.BANGALORE.KARNATAKA 560019
Hennur Road Bangalore

SBIN0014933

HENNUR CROSS,OPP INDIAN ACADEMY COLLEGE,BANGALORE,560043,
Hmt Area, Bangalore

SBIN0016335

5/34, HMT SCHOOL MIAN ROAD, JALAHALLI, DIST. BANGALORE, KARNATAKA 560013.
Horamavu

SBIN0040807

NO 21 AND 22,OPPSYCON APARTMENTS,HORAMAVU MAINROAD,HORAMAVU,BENGALURU 560043
Hosakerehalli

SBIN0041189

NO 23 24 KALABHAVAN KEREKODI MAIN ROAD BSK III STAGE HOSAKEREHALLI BANGALORE 560085
Hsr Layout, Bangalore

SBIN0070802

2331B,17THCROSS,1STSECTOR,HSRLAYOUT560102HSRLAYOUTATSBTCOIN
Hulimavu, Bangalore

SBIN0014951

5 AND 10,ASK MANSION,SYNDICATE BANK COLONY,BANNERGHATTA MAIN ROAD,BANGALORE,560076
Hybrid Contact Center, Banglore

SBIN0063965

NO.31-2,SBI CONTACT CENTETR,M/S TELEPERFORMANCE PREMISES,NEXT TO VIDYANIKETAN SCHOOL,KEMPAPURA,HEBBAL,BANGALORE 560024
Inner Ring Road, Domlur, Bangalore

SBIN0015035

NO.4/1, INNER RING ROAD, DOMLUR, BANGALORE560071.
J P Nagar Iind Phase

SBIN0017649

S.V.PLAZA,NO 51 AND 52,8TH MAIN,9TH CROSS,J.P.NAGAR IIND PHASE,BANGALORE,KARNATAKA 560078
Jakkasandra, Bangalore

SBIN0016213

NO.591, R N CHAMBERS, KORAMANGALA 3RD BLOCK, SARJAPUR ROAD, DIST. BANGALORE, KARNATAKA560034.
JayaNagar 7th Block, Bangalore

SBIN0015644

NO. 12, A12, 2ND MAIN, 7TH BLOCK, JAYANAGAR, BANGALORE 560082
JayaNagar 8th Block, Bangalore

SBIN0015658

NO.311, 1ST MAIN ROAD, 8TH BLOCK JAYANAGAR, BANGALORE560052.
Jp Nagar 4th Phase, Bangalore

SBIN0015643

NO.16, 4TH PHASE, JP NAGAR DOLLAR COLONY NEXT TO KALYANI TECH PARK, BANGALORE 560078
K R Puram, Bangalore

SBIN0016235

NO. 103/104, DEVASANDRA MAIN ROAD, OPP VENUGOPALSWAMY TEMPLE K R PURAM, DIST. BANGALORE, KARANATAKA 560036.
Kalyan Nagar

SBIN0017735

DR.MUNAVERS COMPLEX,NO.405,5TH MAIN,HRBR,2ND STAGE KALYAN NAGAR,BANGALORE,KARNATAKA 560043
Karnataka Layout Kurubaraballi

SBIN0017346

NO.34,KARNATAKA LAYOUT,KURUMBARAHALLI MAIN ROAD,BANGALORE,DIST.BANGALORE.KARNATAKA 560 086
Kasavanahalli, Bangalore

SBIN0016212

L K PLAZA, SY.NO. 9/1, VARTHUR HOBLI, KASAVANAHALLI MAIN ROAD, BANGALORE. KARANATKA560035.
Kathriguppe, Bangalore

SBIN0014962

78 BY 1,R K REGENCY,KATHRIGUPPE MAIN ROAD,,BANASHANKARI 3RD STAGE,BANGALORE 560085
Kothanur

SBIN0017734

NO.9 BY 2,PATEL RAMAIAH COMPLEX,KOTHUR MAIN ROAD,KOTHUR,BANGALORE,DISTT.BANGALORE.KARNATAKA 560077
Kothnur Dinne

SBIN0017808

TANANYA MANSIONS,NO 94,4TH CROSS,NRUPATHUNGA NAGAR,J.P.NAGAR 8TH PHASE,BANGALORE.KARNATAKA 560078
Kudlu

SBIN0017609

KUDLU BRANCH,NO.61 KUDLU MAIN ROAD,BANGALORE,DISTT.BANGALORE.KARNATAKA 560068
Laggere

SBIN0013445

LAGGERE MAIN ROAD,PARWATINAGAR,BANGALORE N,DISTBANGALORE560058
Lcpc Bengaluru

SBIN0015155

PRAGATHI MAHALAKSHMI NO.62, 1ST MAIN, 3RD CROSS YESHWANTPURA INDUSTRIAL SUBURB BANGALORE560 022
LingarajPuram

SBIN0017782

TRINITY COMPLEX,NO.34,80 FEET ROAD,HBR LAYOUT,BANGALORE,DISTT.BANGALORE.KARNATAKA 560043
MahalakshmiPuram Branch

SBIN0017347

201,60 FT MAIN ROAD,INDUSTRIAL WORKERS LAYOUT,SHANKARNAGAR,MAHALAKSHMIPUR,BANGALORE.KARNATAKA 560086
Munnekolalu, Bangalore

SBIN0016296

NO.76, NEAR VAGDEVI VILAS PU COLLEGE, MUNNEKOLALU, MARATHAHALLI POST, BANGALORE560037.
NaganathaPura

SBIN0041193

NARMADA,48 3,NAGANATHAPURA,RAYASANDRA ROAD,BANGALORE 560100
Nagashettihalli, Bangalore

SBIN0015025

NO.17,BADRAPPA LAYOUT,BANGALORE,BANGALORE,560094
Nagavara

SBIN0041207

BVR LAKE FRONT,NO 40 32 50 1 2, FLAT 001, NAGAVARA VILLAGE,KASABA HOBLI,OUTER RING ROAD,VEERANNAPALYA, BANGALORE 560045
New Tippasandra, Bangalore

SBIN0015645

SRINIDHI LANDMARK, 12/1, NEW THIPPASANDRA MAIN ROAD, BANGALORE 560075.
Nri, Airport Road, Hebbal

SBIN0016858

PSR MARVEL, NO.32, BELLARY HEBBAL MAIN ROAD, HEBBAL, BANGALORE,DISTT. BANGALORE URBAN.KARNATAKA 560024
Office Administration, Zonal Office, Bangalore

SBIN0003979

POST BOX NO. 5104,48, CHURCH STREET,BANGALORE
Panathur Branch

SBIN0017040

NO.132 BY 8,PANATHUR JUNCTION,PANATHUR,MARATHAHALLI,BANGALORE,DISTT.BANGALORE.KARNATAKA 560037
Pbb Bellandur

SBIN0017608

PBB BELLANDUR,34 BELLANDUR OUTER RING ROAD,BELLANDUR,BANGALORE,DIST.BANGALORE.KARNATAKA 560103
Pbb Hsr Layout, Bangalore

SBIN0016211

NO. 113, SITE NO. L4L29, PINE PLATINUM, L H COLONY, SECTOR 6, HSR LAYOUT, BANGALORE. KARNATAKA560034
R A S E C C Bengaluru

SBIN0021014

1190,ISTFLOOR,JCROAD,BENGALURU,BANGALORE URBAN
Racpc Banasawadi, Bangalore

SBIN0015628

MARUTI MANSION, 7M 422, 80FT ROAD, OPP HRBR CLUB, BANASAWADI, BANGALORE,KARNATAKA560043
Racpc Koramangala, Bangalore

SBIN0015627

NO.12, 3RD FLOOR, 7TH MAIN, ABOVE NRI KORAMANGALA BRANCH , 3RD BLOCK KORAMANGALA, BANGALORE560034.
Racpc Whitefield

SBIN0017753

NO.117,NIELRAO TOWERS,ROAD NO 3,EPIP PHASE 1,WHITEFIELD,BANGALORE,DISTT.BANGALORE.KARNATKA 560066
Racpc Yelahanka

SBIN0018994

PRESTIGE STAR,SY NO-51-1,NEXT TO MOTHER DAIRY,YELAHANKA RING ROAD,BANGALORE,DISTT.BANGALORE.KARNATAKA-560064
RajajiNagare Block, Bangalore

SBIN0015322

NO. 80, 3RD MAIN, E BLOCK, SUBRAMANYANAGAR ROAD, 2ND STAGE RAJAJINAGR, BANGALORE560010.
Rbo R Nw Bangalore

SBIN0015171

3RD FLOOR KANAKAS PRIDE BASAVANAGUDI BULL TEMPLE ROAD BANGALOREKARNATAKA560004
Rbo R Nw Bangalore

SBIN0015172

RBOREGN3NETWORK 11313RD FLOORKANAKA PRIDEBASAVANAGUDIDISTBANGALOREKARNATAKA560004
Rbo R Nw Bangalore

SBIN0015173

3RD FLOOR KANAKAS PRIDE BASAVANAGUDI BULL TEMPLE ROAD BANGALOREKARNATAKA560004
Rbo R Nw Bangalore

SBIN0015174

3RD FLOOR KANAKAS PRIDE BASAVANAGUDI BULL TEMPLE ROAD BANGALOREKARNATAKA560004
Rbo,r Bangalore

SBIN0015170

13-1, KANAKA PRIDE, OPP RAMAKRISHNA MATH, BULL TEMPLE ROAD, BASAVANAGUDI, BANGALORE 560004
Region I

SBIN0040587

BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
Region Ii

SBIN0040588

BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
Region Iii

SBIN0040589

BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
Region Iv

SBIN0040590

BANGALORE ZONE I,B K G COMPLEX,AVENUE ROAD,BANGALORE 560009
SaiNagar

SBIN0018233

D101E101SARAVANATRANQULHEIGHTS,HESARAGHATTAROAD,BANGALORE,KARNATAKA560097
Sandeep Vihar Awhc, Whitefiled

SBIN0018789

SANDEEP VIHAR ARMY WELFARE HOUSING COLONY, POST KANNAMANGALA, WHITEFIELD, BANGALORE, DISTT.BANGALORE. KA-560067
Sarakki, Bangalore

SBIN0015641

NO. 1A, SBI COLONY, SARAKKI, J P NAGAR, IST PHASE, KANAKAPURA ROAD, BANGALORE 560078
Sathanur

SBIN0040920

KHATA NO 67 BY 1 SATHANUR VILLAGE JALA HOBLI BANGALORE NORTH TALUK KARNATAKA 562157
Sector-1,hsr Layout,bangalore

SBIN0030495

N2627,27TH MAIN OP.CPWD QUARTORS SECTOR1
Smec Koramangala

SBIN0040688

8-6, I AND II FLOOR, RANGARAO ROAD SHANKARPURAM, BANGALORE 560 004
Smeccc, Peenya, Bangalore

SBIN0015913

LOTUS 161, 10TH MAIN, 3RD PHASE, PEENYA INDUSTRAIL AREA, PEENYA, BANGALORE560058.
Specialised Nri Branch, J P Nagar

SBIN0016224

15,15TH CROSS, J P NAGAR 6TH PHASE, BANGALORE. KARNATAKA 560078
Specialized Agri Commercial Branch, Bangalore

SBIN0014431

SPB BRANCH BUILDING,65,ST.MARKS ROAD,BANGALORE,DISTBANGALORE560001
Subbaiah Layout, Bangalore

SBIN0016297

S R ORIDE, WARD NO. 85, SUBBAIAH LAYOUT, BEHIND GOVT HIGH SCHOOL, DODDANEKKUNDI, BANGALORE560037.
SubhashNagar

SBIN0041206

MADHU COMPLEX NO 9 TC PALYA MAIN ROAD SUBHASHNAGAR BATTERAHALLI BANGALORE 560049
Surathkal City

SBIN0015314

GROUND FLOOR, SATISH COMPLEX, OPP GOVINDDASA COLLEGE, SURATHKAL KARNATAKA 575014
Surya Nagar

SBIN0017606

SURYA NAGAR PHASE I,NO.21,22,29 AND 30,ANEKAL CHANDAPURA MAIN ROAD,DIST.BANGALORE.KARNATAKA 560099
Thindlu

SBIN0041208

NO. 262 239, KODIGEHALLI MAIN ROAD, THINDLU, BANGALORE 560097
Thubarahalli Branch

SBIN0017042

NO.526,8TH MAIN,BEML LAYOUT,THUBARAHALLI,BANGALORE,DISTT.BANGALORE URBAN.KARNATAKA 560066
ThygarajaNagar

SBIN0007984

47,MAIN ROAD,BANGALORE
Varthur

SBIN0017785

FIRST FLOOR,NO.14,MAIN ROAD,VARTHUR,BANGALORE,DISTT.BANGALORE.KARNATAKA 560087
VibhutiPura, Bangalore

SBIN0016336

NO. 3, 1ST BLOCK, TALACAUVERY NAGAR, VIBHUTIPURA, BASAVANAGAR, BANGALORE560037.
Vijaya Bank Layout

SBIN0041194

VIJAYA BANK LAYOUT, 60FT MAIN ROAD, SHANBHAG NAGAPPA LAYOUT, BILEKAHALLY, OFF BANNERUGHATTA ROAD,BANGALORE 560076
Vishweshwaraiah Layout, Bangalore

SBIN0016225

80, M VISHWESHWARAIAH LAYOUT, 3RD BLOCK, DOUBLE ROAD , DIST. BANGALORE, KARNATAKA 560056.
Visvesvaraya Layout

SBIN0041192

AKSHAYA LAKE VIEW GIDADAKONENAHALLI MUDDENPALYA MAIN ROAD NEAR 60 FEET ROAD BANGALORE 560097
Yemalur Bangalore

SBIN0016295

SY NO. 37/7, YEMALUR MAIN ROAD, NEAR LOGICA SOFTWARE COMPANY, YEMALUR, BANGALORE560037.
Zonal Inspection Office, Bangalore

SBIN0008755

ARIHANT CHAMBERS,NO58,1ST MAIN 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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