Indian Bank IFSC | Bank | State | District | Branch

What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code used for online fund transfers via NEFT, RTGS, and IMPS. This code is assigned by the Reserve Bank of India (RBI) and is essential for ensuring accurate and smooth electronic fund transfers.

Where to Find the IFSC Code?

On the cheque leaf provided by the bank.
On the official website of the bank.
On the Reserve Bank of India (RBI) website.

Key Features & Benefits

Identifies Branches: Uniquely identifies a specific bank branch anywhere in India.

Reduces Errors: Eliminates mistakes during electronic fund transfers.

Bank IFSC Code Format

1	2	3	4	5	6	7	8	9	10	11
A	B	C	D	0	1	2	3	4	5	6
Bank Code (4 Letters)				Control Character	Branch Code (6 Characters)

Difference Between IFSC & MICR Code

IFSC Code	MICR Code
11-digit alphanumeric number.	9-digit numeric code.
Facilitates electronic money transfers (NEFT, RTGS, IMPS).	Makes physical cheque processing simpler and faster.
First four characters indicate the bank name.	First three digits indicate the city code.
Last six characters represent the branch code.	Last three digits indicate the branch code.

Transaction Charges & Timings

Transfer Amount	NEFT	RTGS	IMPS
Up to Rs.10,000	Rs. 2.50	Minimum Transfer: Rs. 2 Lakh	Rs. 5.00
Rs.10,000 – Rs.2 Lakh	Rs. 15.00	Minimum Transfer: Rs. 2 Lakh	Rs. 10.00
Above Rs.2 Lakh	Rs. 25.00	Rs. 26 to Rs. 51	Rs. 15.00

Operating Timings

NEFT: 8:00 A.M to 7:00 P.M (Weekdays)
RTGS: 9:00 A.M to 4:30 P.M (Weekdays)
IMPS: 24 hours, 365 days

* Note: Customers should always verify specific charges directly with their respective banks. The NPCI allows up to Rs. 5 lakh to be transferred via IMPS seamlessly.