Select Branch for State Bank Of India in Trivandrum, Kerala
Choose a branch to view IFSC code and details
Akkulam
SBIN0070581
MAYURASASISHOPPINGCOMPLEXAKKULAM,THURUVICKALPO695031AKKULAMATSBTCOIN
Alamcode
SBIN0070667
DOORNO49910,PKSBUILDINGS,ALAMCODEPO695102ALAMCODEATSBTCOIN
Althara Junction
SBIN0007203
TC NO 15 BY 1062, CV RAMAN PILLAI ROAD, VELLAYAMBAL,TRIVANDRUM, KERALA, PIN - 695010
Attingal
SBIN0007017
RAJ BUILDING, NEAR MUNICIPAL OFFICE ATTINGAL, DTTHIRUVANANTHAPURAM, KERALA ,PIN - 695101
Attingal
SBIN0070039
PBNO1,PUSPAKESHBUILDINGS,ATTINGALPO695101ATTINGALATSBTCOIN
Attingal Nri
SBIN0070631
PBNO64,AMC1506,SHINECOMMERCIALCOMPLEX,ATTINGALPO695101NRIATTINGALATSBTCOIN
Bakery JunctionthiruvananthaPuram
SBIN0070506
PBNO420,NGOBHAVAN,KERALAUNIVERSITYPO695034BAKERYJNTVMATSBTCOIN
BalaramaPuram
SBIN0070035
PBNO2,SKTOWERS,BALARAMAPURAMPO695501BLRPURAMATSBTCOIN
Centralised Clearing
SBIN0070578
CHEMPIKALOMBUILDING,NEARGOVTWOMENSCOLLEGE,VAZHUTHACAUD695014SERTVMATSBTCOIN
Chempakamangalam
SBIN0070722
VJTOWERS,CHEMPAKAMANGALAM,KORANIPO695104CHEMPAKAATSBTCOIN
Chenthitta
SBIN0070295
PBNO5081,LAKSHMIBHAVAN,MARAKKADAROAD,CHENTHITTA,CHALAIPO,695036CHENTHITTAATSBTCOIN
Cherunniyoor
SBIN0070347
PBNO1,CPN192A,DEEPABHAVAN695142CHERUNNIYOORATSBTCOIN
Chirayinkeezhu
SBIN0070044
CHAKKOOSTOWERS,CHAKKUVILAKOM,VALIYAKADAJUNCTION,CHIRAYINKEEZHU695304CHIRAYINKILATSBTCOIN
DhanuvachaPuram
SBIN0070458
PBNO1,SSBHAVAN,KPVIII883,DHANUVACHAPURAMPO695503DHANUVACHAATSBTCOIN
FortthiruvananthaPuram
SBIN0070481
KARIMPANALARCADE,TCNO3794565,FORTPO,THIRUVANANTHAPURAM,PIN695023695023KSRTCFORTATSB
Fund Settlement Link Office - ThiruvananthaPuram
SBIN0004066
THIRUVANANTHAPURAM STATE KERALA PIN 695010
Jagathy
SBIN0070568
PBNO437,AYSWARYAAPARTMENTS,DPIJUNCTION,THYCAUDPO695014JAGATHYATSBTCOIN
Jawahar Nagar, ThiruvananthaPuram
SBIN0004685
MANIKANTA TOWERS, NEAR TRIVANDRUM TENNISCLUB, KOWDIAR ,THIRUVANANTHAPURAM, KERALA ,PIN - 695003
K.u.o.cthiruvananthaPuram
SBIN0070292
PBNO289,UNIVERSITYBUILDINGS,KERALAUNIVERSITYOFFICECAMPUSPO695034KUOCTVMATSBTCOIN
Kadakkavoor
SBIN0070038
PBNO1,AZHIKATHUBUILDINGS,KADAKKAVOORPO695306KADAKKAVOORATSBTCOIN
Kaithamukku
SBIN0070338
PBNO4,SNSMBLDGS,KAITHAMUKKU,PETTAHPO695024KAITHAMUKKUATSBTCOIN
Kallambalam
SBIN0070221
PBNO1,MEDAYILBUILDINGS,KALLAMBALAMPO,THIRUVANANTHAPURAMDISTRICT,KERALASTATE,PIN69560
Kannaoola
SBIN0008293
KUT.SEMINARY.CAMPUS,MEDICAL.COLLEGE.POST,TRIVANDRUM
Karamana
SBIN0070031
PBNO600,TC2019942TNROAD,KARAMANAPO695002KARAMANAATSBTCOIN
Karyavattom
SBIN0070043
PBNO1SOUTHBLOCK,UNIVERSITYCAMPUS,KARYAVATTOM695581KARYAVATTOMATSBTCOIN
Kattakkada
SBIN0070040
PBNO1,PRABHASADANAM,KATTAKADAPO695572KATTAKKADAATSBTCOIN
Kazhakkoottam
SBIN0070445
PBNO2,EKCOMPLEX,KAZHAKKOOTTAMPO695582KAZHAKOOTTAMATSBTCOIN
Kilimanoor
SBIN0070041
PBNO751,FIVESTARSHOPPINGCOMPLEX,KILIMANOORPO695601KILIMANOORATSBTCOIN
Kochuveli
SBIN0070424
MILLIENIUMTOWERS,TC3261814,VETTUCAUD,TITANIUMPO,TRIVANDRUM695021KOCHUVELIATSBTCOIN
Kowdiar
SBIN0070020
AQUAENGINEERSTOWER,KOWDIAR,KOWDIARPO,THIRUVANANTHAPURAM695003KOWDIARATSBTCOIN
Kseb Admn.complexthiruvananthaPura
SBIN0070493
VYDYUTHIBHAVAN,PATTOMPO695004KSEBPATTOMATSBTCOIN
Kudappanamoodu
SBIN0070588
SRIVENKITESWARACOMPLEX,KUDAPPANAMOODUJUNCTION,KUDAPPANAMOODU695510KUDAPANAMOODATSBTCOIN
Madathara
SBIN0070525
1STFLOOR,VSSHOPPINGCOMPLEXMADATHARAPO691541MADATHARAATSBTCOIN
Madavoor
SBIN0070286
PBNO1,KARUNABUILDINGS,MADAVOOR-PALLICKALPO695602MADAVOORATSBTCOIN
Malayankeezhu
SBIN0070738
KATTAKKADAROAD,MALAYINKEEZHU695571MALAYINKEEZHUATSBTCOIN
Manacaud
SBIN0070024
SRIPARVATHYSQUARE,TRIVANDRUM-KOVALAMROAD,MANACAUD,TRIVANDRUM695009MA
Mannanthala
SBIN0016081
SAHADEVAN COMPLEX,MC ROAD, MANNANTHALA,TRIVANDRUM 695015
Marakkada Rd
SBIN0003826
THIRUVANANTHAPURAM, KERALA, PIN - 695023
Nac PoojaPura
SBIN0070502
THIRUVANANTHAPURAM,POOJAPURAPO695012NACATSBTCOIN
Nalanchira
SBIN0070639
PBNO3105REVIEW,KURISADIJUNCTION,NALANCHIRAPO695015NALANCHIRAATSBTCOIN
Nanthancode Pb Br
SBIN0070690
ANUGRAHATCNO116731,STANLEYSATHYANESANROAD,NANTHANCODE,KOWDIARPO,TRIVANDRUM695003
Nanthencode
SBIN0007898
LMS COMPOUND,PB NO 6508,TRIVANDRUM,DIST THIRUVANANTHAPURAM,KERALA- 695033
Nedumangad
SBIN0070036
PBNO3,NEDUMANGADPO695541NEDUMANGADATSBTCOIN
Nellimoodu
SBIN0070544
APV555,NELLIMOODUPO695524NELLIMOODUATSBTCOIN
Neyyattinkara
SBIN0070042
PBNO2,NMCXI1,NEYYATTINKARAPO695121NEYYATTINKARATSBTCOIN
Oad, Zo, ThiruvananthaPuram
SBIN0006204
DIST THIRUVANANTHAPURAMSTATE KERALAPIN 695033
Ooruttambalam
SBIN0070356
PBNO1,MP245,OORUTTAMBALAMPO695507OORUTAMBALAMATSBTCOIN
Ottasekharamangalam
SBIN0070322
KADUKAL,OPV695,NEARSREEMAHADEVATEMPLE,OTTASEKHARAMANGALAMPO695125OTTASEKHARAMATSBTCOI
Pallickal
SBIN0070503
PBNO1,KILIMANOORPO695604PALLICKALATSBTCOIN
PalliPuram
SBIN0070406
PBNO1,ALUMOODU,KANIYAPURAM695301PALLIPURAMATSBTCOIN
Pallithura
SBIN0070045
PBNO1,MOHANVILLA,STXAVIERSCOLLEGEPO695586PALLITHURAATSBTCOIN
Palode
SBIN0070523
PBNO3,NP677VARUVILABUILDINGS,COLLEGEROADPACHAPALODEPO695562PALODEATSBTCOIN
Pangode
SBIN0070546
PBNO1,NOIII652-B,SHAMJIRMANZIL,PANGODEPO,VIAKALLARA695609PANGODEATSBTCOIN
Pappanamco
SBIN0070851
SCTENGINEERINGCOLLEGECAMPUS,PAPPANAMCODEPO695018SCTPAPPANAMATSBTCOIN
Pappanamcode
SBIN0070030
PBNO1,INDUSTRIALESTATEPO,PAPPANAMCODE695019PAPPANAMCODEATSBTCOIN
Parassala
SBIN0070037
PBNO1,AJITHABUILDINGS,PARASSALAPO695502PARASSALAATSBTCOIN
Pattom
SBIN0003355
PATTOM, ED HEIGHTSPATTOM TRIVANDRUM,, KERALA ,PIN-695004
Pattom
SBIN0070212
PBNO1002,ROHINIBUILDINGS,PATTOMPALACEPO695004PATTOMATSBTCOIN
Peroorkada
SBIN0070434
PBNO1203,INDUSREE,TCV498,PEROORKADAPO695005PEROORKADAATSBTCOIN
Personal Banking Branch
SBIN0070671
PBNO1124,LEELATOWERS,KESAVADASAPURAM695004KDSPURAMATSBTCOIN
Perumkuzhy
SBIN0070312
PBNO1,HIDAYATHCENTRE,PERUMKUZHYPO695305PERUMKUZHYATSBTCOIN
Pettah
SBIN0070213
PBNO5210,PALLIMUKKU,PETTAHPO695024PETTAHATSBTCOIN
Peyad
SBIN0013221
NEAR MALACKAL SAW MILL,PEYAD
Peyad
SBIN0070383
PBNO1,MAINROAD,PEYADPO695573PEYADATSBTCOIN
Pongandu
SBIN0008030
KILIMANOOR.PANCHAYATH,TRIVANDRUM,THIRUVANANTHAPURAM,KERALA,PIN.695601.
PoojaPura
SBIN0070032
PBNO2700,LAKSHMICHAMBERS,OPPPAREEKSHABHAVAN,POOJAPURA,695012POOJAPURAATSBTCOIN
Poonthura
SBIN0070422
PBNO1,BISMIPLAZABUILDING,BYPASS,AMBALATHARA,POONTHURAPO695026POONTHURAATSBTCOIN
Poovachal Adb
SBIN0070302
PBNO1,PP1590VISHULA,POOVACHALPO695575POOVACHALADBATSBTCOIN
Poovar
SBIN0070046
PBNO1,BHASURAMCOMPLEX,NEARKSRTCBUSSTAND,POOVARPO695525POOVARATSBTCOIN
Pothencode
SBIN0070018
PBNO1,JISHABUILDINGS,POTHENCODEPO695584POTHENCODEATSBTCOIN
Pozhiyoor
SBIN0070566
PBNO1,DEVASWOMBANKBUILDING,POZHIYOORPO695513POZHIYOORATSBTCOIN
Pravachambalam
SBIN0070307
PBNO4002,KAILAS,NEMOMPO695020PRAVACHAMBALATSBTCOIN
Puthenchanthai
SBIN0070026
PBNO15,PRASANTHIMANSION,MGROAD695001PUTHENCHANTHATSBTCOIN
Puthukurichy
SBIN0070047
STMICHAELSBUILDING,OPPSTMICHAELSCHURCH,PUTHUKURICHY695303PUTHUKURICHYATSBTCOIN
Santhi Nagar
SBIN0070263
PB30,KSHBBUILDING,GOVTPRESSROAD,SANTHINAGAR695001SANTHINAGARATSBTCOIN
Sasthamangalam
SBIN0070023
PB2200,TC92161,SASTHAMANGALAMPO695010SMANGALAMATSBTCOIN
Shanghumughom
SBIN0070025
PBNO1803,VALLAKADAVUPO695008SANGHUMUGHOMATSBTCOIN
Sib ThiruvananthaPuram
SBIN0007211
KERALA, THIRUVANANTHAPURAM,695001
Sme City Credit Center
SBIN0013202
SME CITY CREDIT CENTER,L M S COMPOUND,NANTHENCODE,DISTTRIVANDRUM
Spbb ThiruvananthaPuram
SBIN0004360
ANDOOR BUILDING,S G H ROAD ,THIRUVANANTHAPURAM ,PIN - 695035
Specialised Service Branch For Govt
SBIN0070681
ISTFLOOR,LAKSHMICHAMBERS,OPPOSITEPAREEKSHABHAVAN,POOJAPURA695012SSBGTATSBTCOIN
Sreekariyam
SBIN0070288
PBNO3501,SANROCKPLAZA,SREEKARYAMPO695017SREEKARIYAMATSBTCOIN
Sreekariyam - ThiruvananthaPuram
SBIN0006686
PB.NO.6,SREEKARYAM,TRIVANDRUM,THIRUVANANTHAPURAM,KERALA,PIN.695017.
Statue Branch, ThiruvananthaPuram
SBIN0008680
LATHIKA ARCADE ,VANROSE JUNCTIONDTTHIRUVANANTHAPURAM PIN - 695001
Techno Park, Trivandrum
SBIN0070737
THEJASWINIANNEXE,TECHNOPARKCAMPUS,TRIVANDRUM695581TECHNOPARKTVMATSBTCOIN
Technopark, ThiruvananthaPuram
SBIN0007617
TECHNOPARK CAMPUS, KARIAVATTAM,THIRUVANANTHAPURAM, KERALA ,PIN - 695581
Thampanoor, ThiruvananthaPuram
SBIN0008671
RAMAKRISHNA BUILDING ,MANORAMA ROAD, ARISTO JUNCTION THIRUVANANTHAPURAM PIN - 695001
Thattathumala
SBIN0008787
PB NO.2501,M.C.ROAD,VIA KILLIMANOOR,TRIVANDRUM,THIRUVANANTHPURAM
Thembamood
SBIN0007253
PULLEN PARA VENJARAMOOD TRIVANDRUM KERALA
Thirumala
SBIN0070022
SHALOMTOWERS,THIRUMALAPO695006THIRUMALAATSBTCOIN
Thiruvananthap
SBIN0070268
PBNO22,ENGINEERINGCOLLEGEPOTRIVANDRUM695016ENGGCOLLTVMATSBTCOIN
ThiruvananthaPuram
SBIN0070029
PBNO2400,MEDICALCOLLEGEPO695011MCTRIVANDRUMATSBTCOIN
ThiruvananthaPuram
SBIN0070252
PBNO91,GROUNDFLOOR,ANACUTCHERYBUILDINGS,MGROAD,695001TREASURYTVMATSBTCOIN
ThiruvananthaPuram Main
SBIN0070028
PBNO22,ANACUTCHERYBUILDING,MGROAD695001TRIVANDRUMATSBTCOIN
ThiruvanathaPuram
SBIN0000941
PB NO. 14, M G ROAD, TRIVANDRUM, 695001
Udiyankulangaraadb
SBIN0070460
PBNO1,CPIX573,AMARAVILAPO695122UDIYANADBATSBTCOIN
Uzhamalakkal
SBIN0070547
PUTHUKULANGARAPO,NEDUMANGADVIA695541UZHAMALAKKALATSBTCOIN
Vakkom
SBIN0070050
PBNO1,NODESHBUILDINGS,VAKKOMPO695308VAKKOMATSBTCOIN
Valiathura
SBIN0004237
PORT BAZAR BUILDINGVALIATHURA, VALLAKKADAVUTRIVANDRUM ,PIN-695008
Valiyamala
SBIN0007854
PSLV, VALIAMAL COMPLEX, TRIVANDRUM, THIRUVANANTHAPURAM, KERALA
VamanaPuram
SBIN0070052
PBNO1,MAVBUILDINGS,VAMANAPURAMPO695606VAMANAPURAMATSBTCOIN
Varkala
SBIN0007845
SHAMS BUILDINGS, OPP. RAILWAY STATION, VARKALA, THIRUVANANTHAPURAM, KERALA
Varkala
SBIN0070048
PBNO1,THAVAKKALCOMPLEX,VARKALAPO695141VARKALAATSBTCOIN
Vattiyoorkavu
SBIN0070433
PBNO2901,VATTIYOORKAVUPO695013VATTIYURKAVUATSBTCOIN
Vazhuthacaud
SBIN0070033
PBNO409,TNTOWERS,TC1516883,THYCAUDPOTHIRUVANANTHAPURAM695014VAZHUTHACAUDATSBTCOIN
Vellayambalam
SBIN0070308
PBNO2211,SAIRAMBUILDINGS,SASTHAMANGALAMPO695010VELLAYAMBALAATSBTCOIN
Vellayani
SBIN0070019
PBNO1,AGRICOLLEGECAMPUS,VELLAYANIPOTRIVANDRUM695522VELLAYANIATSBTCOIN
Vembayam
SBIN0070278
PBNO1,SAJEENAMANZIL,VEMBAYAMPO695615VEMBAYAMATSBTCOIN
Venganoor
SBIN0070049
PBNO1,VP1495,VENGANOORPO695523VENGANOORATSBTCOIN
Vikas Bhavan
SBIN0070415
VIKASBHAVANPO695033VIKASBHAVANATSBTCOIN
Vithura
SBIN0070214
NNARCADE,VP11631H,KALUNGUJN,VITHURAPO695551VITHURAATSBTCOIN
Vizhinjam
SBIN0070325
PBNO2,VPIV347FATHIMABUILDINGS,VIZHINJAMPO695521VIZHINJAMATSBTCOIN
What are State Bank Of India 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 State Bank Of India 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 State Bank Of India 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 State Bank Of India 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 State Bank Of India 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.
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