How to Find IFSC Code

• IFSC stands for Indian Financial System Code. It is an 11-digit alpha-numeric code, unique for banks and their branches.
• You can find IFSC code on your bank’s or RBI’s official website . Alternatively, you may log into your internet/mobile banking account.
• You can also find IFSC code offline. Your chequebook, passbook, and bank branch are some reliable sources.

You might have heard that an IFSC code is essential to initiate funds transfer from one bank account to another. But, what is an IFSC code? And what is the IFSC full form? Also, why is it needed for money transfer?Get answers to these and other such pertinent questions through this blog.

IFSC stands for Indian Financial System Code. It is mandatory to initiate money transfers through RTGS (Real Time Gross Settlement), NEFT (National Electronic Funds Transfer), and IMPS (Immediate Payment Service).Whenever you initiate a transfer, you need to mention the recipient bank’s IFSC. Likewise, you should share your bank’s IFSC with the sender to receive funds in your account.

An IFSC code is an 11-digit alpha-numeric code, distinct for banks and their branches. It ensures that the funds are rightly transferred to the designated account. The first four characters represent the bank, the fifth character is zero, and the remaining six characters identify that bank’s branch.

You can easily find the IFSC code at several places through various channels. These channels include both online and offline mediums. While all of these are simple to follow, choose the method that suits you the best.

Find IFSC Code Online

You can find the IFSC online in just a few clicks by using any of these methods:

• RBI Website: Go to the official website of the Reserve Bank of India and select the ‘ IFSC/MICR Codes ’ option. Next, choose your bank and mention the branch name. You will see the relevant details on your screen.
• Bank Website: Most banks host the branch locator tool on their website. Go to your bank’s official website and navigate to this tool. Use the branch locator tool to find the details of your bank branch, including its IFSC.
• Mobile/Net Banking: You can also find the IFSC code through mobile/net banking. Login to your account and go to the ‘Account Overview’ or a similar option to know the required code.

Find IFSC Code Offline

If you are not comfortable using online resources, here are some offline ways to find the IFSC.

• Cheque Book: This is one of the easiest ways to find IFSC code. You can locate IFSC on the top left corner of a cheque leaf.
• Passbook: The first page of your passbook has the account holder and bank details. You will see your name, bank name, account details, etc. Here is where you can also find the IFSC code.
• Bank Branch: This conventional method is best suited for those who prefer face-to-face interactions. Visit your bank branch and talk to the staff for assistance.

RTGS, NEFT, and IMPS are the popular ways to transfer money online with the IFSC code.

• RTGS: There is a continuous and real-time settlement of fund transfers in RTGS. While it has no upper limit on the transfer amount, there is a minimum limit of ₹2 lakh.
• NEFT : This mode of transfer offers near-real-time transfers. There is no limit on the transfer amount, but banks may prescribe their respective limits.
• IMPS : IMPS facilitates fund transfers on a real-time basis. Check with your bank to learn about the transfer limits.

Also Read: Looking to Transfer Money Online? Keep These 4 Points in Mind For a Safe and Smooth Transfer

Every bank and its branch have a unique IFSC i.e. Indian Financial System Code that ensures the funds are transferred to the right account. This code is essential to initiate fund transfers through RTGS, NEFT, and IMPS.Thus, make sure to mention the correct IFSC for a seamless fund transfer. You can find IFSC code at several places through online and offline modes. Each of these methods is straightforward; so, pick the one that's the most convenient for you.