IFSC Code of State Bank Of India, Karnataka, Bangalore, Sector-1,hsr Layout,bangalore
SBIN0030495
State Bank Of India
| IFSC Code |
SBIN0030495 |
|---|---|
| MICR Code |
560002172 |
| Bank Name | State Bank Of India |
| District | Bangalore |
| State | Karnataka |
| Address | N2627,27th Main Op.cpwd Quartors Sector1 |
| 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.
Hoodi, Bangalore
SBIN0016234
NO. 325, HOODI MAIN ROAD, HOODI, MAHADEVAPURA POST, DIST BANGALORE, KARNATAKA560048.
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
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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