Frequently Asked Questions (FAQs)
Everything you need to know about Indian Financial System Codes (IFSC), NEFT, RTGS, IMPS, and Cheque MICR.
What is an IFSC Code? ↓
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code uniquely identifying bank branches participating in online money transfer systems in India like NEFT, RTGS, and IMPS. The first 4 characters represent the bank code, the 5th character is always '0' (control digit), and the last 6 characters represent the specific branch.
Where can I find my bank's IFSC and MICR Code? ↓
You can find your IFSC and MICR codes printed at the top of your cheque book leaf, on the first page of your passbook, in your mobile banking app, or by searching your bank name and branch location on this directory.
What is the difference between IFSC and MICR Code? ↓
IFSC Code (11 alphanumeric characters) is used for electronic money transfers (NEFT, RTGS, IMPS, UPI). MICR Code (9 numeric digits) is printed on cheque leaves using magnetic ink and is used for automated clearing of paper cheques.
Can an IFSC code change after a bank merger? ↓
Yes. When banks merge (for example, Corporation Bank or Andhra Bank merging into Union Bank of India), the acquired branches are assigned new IFSC codes under the parent bank. Old IFSC codes are deactivated by the Reserve Bank of India (RBI).
Are NEFT and RTGS transactions available 24x7 in India? ↓
Yes, NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) operate 24x7x365 including weekends and public holidays, as mandated by RBI.
Where is this bank IFSC data sourced from? ↓
Our database is compiled from public electronic clearing records, official branch registers, and banking notifications published for payment routing across India.