The easiest way to Find IFSC Code for Banks in India is to start by the Bank you are looking for. You can further filter List of IFSC Codes by State, District and City. Or you may directly key in first few characters of Branch Name, Locality or address. You can also try our FAST search to find Codes by Branch, Address or Locality. You can also Search by IFSC Code.
The Indian Financial System Code (also known as IFSC) is a 11 character code for identifying the bank and branch which an account is held. The IFSC code is used both by the NEFT, RTGS and IMPS finance transfer systems.
National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches. Read more info on NEFT.
'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes. Read more info on RTGS.
'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility. Read more info on IMPS.