How many ifsc in india. in website for official information regarding IFSC codes.

How many ifsc in india You can also find merged banks in the brackets for reference. How many digits are there in IFSC code and why it is used? IFSC codes have 11 digits alphanumeric code that are absolutely unique by nature. Services an IFSC can provide: Fund-raising services for individuals, corporations and governments. IFSC or Indian Financial System Code is an 11-digit alphanumeric code that is used by all banks in India when arranging electronic payments, including Real-time Gross Settlement RTGS Dec 19, 2017 · Anytime you want to make an electronic funds transfer to a bank account in India, you'll need the IFSC code for the branch where the recipient account is based. International Financial Services Centre (IFSC): This division is the main focus of GIFT City and is India's first IFSC. b) NSE IFSC Limited. Bank Of Baroda has 9864 branches in 34 states / union territories of India. How many digits are there in an IFSC code? IFSC codes are 11 characters, comprised like this: XXXX0YYYYYY. London, New York and Singapore can be counted as global financial centres. Domestic Finance Centre (DFC): This division is designed to cater to the needs of the domestic financial services You can either search by typing in the free-text input field any information you have (like IFSC, bank name, state, city, branch, MICR code, etc) or just browse and select the bank in the list with all banks in India, or in the list with all the states or union territories of India. The IFSC code can be found from the sources below if you know the bank branch name and location. Jun 28, 2023 · NSE IFSC; NSE IFSC Limited (NSE International Exchange), incorporated on 29th November 2016, is a wholly-owned subsidiary of the National Stock Exchange (NSE) and is located at the International Financial Services Centre (IFSC), GIFT City in Gujarat. It is used to identify the bank’s branches for RTGS, NEFT, UPI, IMPS and assigned by RBI to each branch of the bank that supports RTGS, NEFT,UPI and IMPS payment systems. It is established as an integrated hub for financial and technology services not just for India but for the world. If you have an account based in India, you will have to provide the IFSC number for the bank holding the account. It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). Example of IFSC Code For example, IFSC for the Langford Road branch of ICICI Bank is ICIC0000269, where ICICI represents the bank name, 0 is for future use, and 000269 api. Such centres deal with flows of finance, financial products and services across borders. Check leaf: The apex bank of India, Reserve Bank of India (RBI), has advised all banks to print the IFSC code on the check leaf. in In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). regulated by a financial sector regulator in India or a foreign jurisdiction for conducting similar activities. To search Icici Bank branches details like branch IFSC Code, MICR Code, Phone Number, Bank Toll Free Number, Branch Address, Branch Timings or Email Id, follow the below steps. The first four (XXXX) are alphabetic characters that represent the bank. NSE IFSC Limited would also be permitted to offer longer trading days than what stock exchanges are currently permitted to do in India. Can a FME launch multiple schemes? Yes. At present, the GIFT IFSC is the maiden international financial services centre in India. For every bank in India, it can be used to identify and classify each branch. IFSCs in India: The first IFSC in India has been set up at the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar. SMS Banking – Many banks offer IFSC code via SMS – Format varies by bank – Usually instant response. The electronic payment system is maintained by the Reserve Bank of India (RBI). Apr 30, 2020 · International Financial Services Centre: An IFSC enables bringing back the financial services and transactions that are currently carried out in offshore financial centres by Indian corporate entities and overseas branches/subsidiaries of Financial Institutions (such as banks, insurance companies, etc. With 12 public sector banks and over 100 other banks, there are […] Oct 30, 2024 · These IFSC codes, assigned by the Reserve Bank of India (RBI), ensure seamless electronic fund transfers by distinctly identifying every branch in India’s banking network. Is the IFSC code required for online transactions? Discover the IFSC Codes of any bank branch in India. Photo: Hemant Mishra/Mint Gujarat International Finance The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code. How many digits/alphabets are there in the IFSC code? An IFSC code is an 11-character alphanumeric code that is unique to each bank branch in India. Head Office: Mumbai, India Toll Free / Contact Number: 18604195555, 18605005555 Website: www. To search Yes Bank branches details like branch IFSC Code, MICR Code, Phone Number, Bank Toll Free Number, Branch Address, Branch Timings or Email Id, follow the below steps. Prior to the establishment of IFSCA, the domestic The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code. 1. What is IFSC Code? IFSC Code means Indian Financial System Code. • IFSC is set-up to undertake financial services transactions that are currently carried on outside India by overseas financial institutions and overseas branches/ subsidiaries of Indian financial institutions IFSC in India • In India, an IFSC is approved and regulated by the Government of India under the Special Economic Zones Act, 2005 In other words, once the remitter enters all the details and IFSC code, money is sent directly to the correct bank account with the help of IFSC code. The Reserve Bank of India’s National Clearing Cell monitors all financial transaction between the banks; IFSC codes help them track the transactions and execute fund transfer without any errors. Karnataka Bank has 987 branches in 24 states / union territories of India. citibank. All the information published on this website is strictly for personal use and should never be used without verification, on any kind of transaction. Jan 20, 2021 · The IFSC at GIFT city in Gujarat is buzzing with business activities ever since its establishment. International Financial Services Centres Authority This article talks about the IFSC codes in India. The Reserve Bank of India (RBI) assigns the IFSC codes to the bank. To search Federal Bank branches details like branch IFSC Code, MICR Code, Phone Number, Bank Toll Free Number, Branch Address, Branch Timings or Email Id, follow the below steps. Jan 14, 2015 · The BSE will invest Rs150 crore in Gujarat’s GIFT City to develop India’s first international financial services centre (IFSC). The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. May 25, 2024 · Approval as India's first operational IFSC in 2015 marked a turning point, positioning it as a significant contributor to India's economic growth. Dec 2, 2024 · 2. axisbank. Finding Branch by IFSC Code. Dec 2, 2021 · Can an IFSC be set up in a special economic zone (SEZ)? The SEZ Act 2005 allows setting up an IFSC in an SEZ or as an SEZ after approval from the central government. UNION BANK OF INDIA Branches, All Branch Addresses, Phone, IFSC code, MICR code, Find IFSC, MICR Codes, Address, All Bank Branches in India, for NEFT, RTGS, ECS Transactions Dec 10, 2024 · For example, if the IFSC code for a particular branch is SBIN0054321, then “054321” uniquely identifies that branch of the State Bank of India. It recommended, as a starting point, the notification by the IFSCA of vessel leasing as a form of leasing permitted from IFSC. When you need to verify a branch using an IFSC code: 1. List of 12 Government Banks in India 2025. . Aug 9, 2021 · It includes a Special Economic Zone having the status of an International Finance Services Centre (“IFSC”). com To view particular Axis Bank branch contact details, please search branch using the branch locator tool. com To view particular Hdfc Bank branch contact details, please search branch using the branch locator tool. Further, a FME operating in a branch structure in IFSC is required to comply with certain prescribed conditions as detailed in Regulation 5 (2). An individual may immediately describe a bank and its branch within the given IFSC code. co. Head Office: Mumbai, India Toll Free / Contact Number: 18002001947, 1800221 Website: www. Depository. The sample IFSC codes for some of the financial institutions are given in the table below: This site is focused on banking data in India and money transfer related information. GIFT SEZ Limited has been notified by Ministry of Commerce and Industry (MoCI), Government of India on 18 IFSC Code: IFSC stands for Indian Financial System Code, which is a unique code composed of 11 characters includes alphabet & numeric characters. Clearing Corporation. Example of IFSC Code For example, IFSC for the Langford Road branch of ICICI Bank is ICIC0000269, where ICICI represents the bank name, 0 is for future use, and 000269 International Financial Services Centre - ifsca. idbi. Alternative Investment Funds in IFSC: In terms of the guidelines for setting up an Alternative Investment Fund (AIF) in IFSC as issued by SEBI (International Financial Services Centres) Guidelines, 2015 (IFSC Guidelines) and the operating guidelines dated November 26, 2018, the AIFs are being set up in GIFT-IFSC. The IFSC code can be found on the cheque leaf provided by the bank. How can I find my IFSC code? You can find your IFSC in your chequebook, online banking portals or even from the RBI official website. It aims to promote India as a global financial hub and attract foreign investments. InstaLinks: Prelims Link: What are IFSCs? For example, India’s largest Public Sector bank is the State Bank of India with a 52% Government share. in The Indian Financial System Code (IFSC), is a unique 11-digit alphanumeric code that is used for online fund transfer transactions done via NEFT, RTGS and IMPS. An IFSC code is essential for the RBI to effectively monitor all banking transactions without errors. Citi Bank Contact Details. Icici Bank has 7383 branches in 34 states / union territories of India. IFSC Codes for Top Banks in India. org. It is used in NEFT and/or RTGS fund transfer transactions to identify the the bank Account's Bank and Branch details in a unified manner. Head Office: Mumbai, India Toll Free / Contact Number: 1800224060, 18004254 Website: www. To search Bank Of Baroda branches details like branch IFSC Code, MICR Code, Phone Number, Bank Toll Free Number, Branch Address, Branch Timings or Email Id, follow the below steps. Below is the list of updated 12 Government banks in India after the mega-merger. rbi. a) India International Depository IFSC Limited Hdfc Bank Contact Details. IFSC code is an alphanumeric code of 11 characters, which helps to smooth the progress of electronic payments in India. International Financial Services Centre - ifsca. b) NSE IFSC Clearing Corporation Limited. Stock Exchanges. [6] [7] [5] See full list on wise. CENTRAL BANK OF INDIA Branches, All Branch Addresses, Phone, IFSC code, MICR code, Find IFSC, MICR Codes, Address, All Bank Branches in India, for NEFT, RTGS, ECS Transactions IFSC was established in 2015 and presently, it stands as the cornerstone of India’s financial prowess. It is designed to cater to the financial services industry and provides a world-class business environment. 3. Section 18 and Section 55 of India's Special Economic Zone Act, 2005 provides for the establishment of an International Financial Services Centre in India within an SEZ in India and enables the Central Government to regulate IFSC activities. Photo: Hemant Mishra/Mint Gujarat International Finance Oct 5, 2023 · The GIFT city consists of a multi-service Special Economic Zone (SEZ), which houses India’s first International Financial Services Centre (IFSC) and an exclusive Domestic Tariff Area (DTA). hdfcbank. Axis Bank Contact Details. To guarantee accuracy, all details are updated on a regular basis. Indian Financial System Code (IFSC) is a unique 11-digit alphanumeric code assigned by the Reserve Bank of India (RBI) to help identify different bank branches. Federal Bank has 1700 branches in 32 states / union territories of India. Nov 2, 2023 · Ship financing from IFSC: In October 2021, a committee on Development Of Avenues For Ship Acquisition, Financing And Leasing From Ifsc In India, called SAFAL Committee, submitted a report. Sep 5, 2024 · The Indian Financial System Code (IFSC) is an alphanumeric code used to identify a bank branch in India uniquely. Each IFSC code consists of 11 characters, where the first four characters represent the bank, the fifth character is always ‘0’, and the last six characters denote your bank’s allotted branch code. 2. Here are a few of the most popular banks in India as an example: - SBI Bank IFSC codes will start SBIN - PNB IFSC codes will start PUNB - ICICI IFSC codes will start ICIC - Bank of Baroda IFSC codes will start BARB - UBI IFSC codes will start UBIN Use our dedicated IFSC code finder tools to look up and verify more IFSC codes. com To view particular Idbi Bank branch contact details, please search branch using the branch locator tool. in To view particular Citi Bank branch contact details, please search branch using the branch locator tool. List of Registered Market Infrastructure Institutions in IFSC. You can find the IFSC code printed on the check book and check leaves. May 30, 2025 · – Use built-in IFSC finder tools. [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. NSE IFSC obtained Certificate of incorporation dated November 29, 2016 issued by the Registrar of Companies, Gujarat situated at Ahmedabad. Find IFSC, MICR Codes, Addresses & all Bank Branches in India for NEFT, RTGS, ECS. To search Canara Bank branches details like branch IFSC Code, MICR Code, Phone Number, Bank Toll Free Number, Branch Address, Branch Timings or Email Id, follow the below steps. 4. gov. Products offerings are similar to India INX. ) to India. STATE BANK OF INDIA Branches, All Branch Addresses, Phone, IFSC code, MICR code, Find IFSC, MICR Codes, Address, All Bank Branches in India, for NEFT, RTGS, ECS Transactions Yes Bank has 3504 branches in 34 states / union territories of India. RBI’s Official Directory – Visit RBI’s website – Access the IFSC directory – Search by bank and location. Head Office: Mumbai, India Toll Free / Contact Number: 1800226747, 18002484 Website: www. Today, there are so many players which have set up a shop in India’s Financial Service Center and carrying out banking, insurance and capital markets activities. With 12 public sector banks and over 100 other banks, there are […] Here are a few of the most popular banks in India as an example: - SBI Bank IFSC codes will start SBIN - PNB IFSC codes will start PUNB - ICICI IFSC codes will start ICIC - Bank of Baroda IFSC codes will start BARB - UBI IFSC codes will start UBIN Use our dedicated IFSC code finder tools to look up and verify more IFSC codes. All accessible bank branches’ addresses, phone numbers, IFSC codes, and Branch codes are included. The IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India. com Jan 14, 2015 · The BSE will invest Rs150 crore in Gujarat’s GIFT City to develop India’s first international financial services centre (IFSC). Nov 6, 2024 · These IFSC codes, assigned by the Reserve Bank of India (RBI), ensure seamless electronic fund transfers by distinctly identifying every branch in India’s banking network. This site is focused on banking data in India and money transfer related information. giftgujarat. in website for official information regarding IFSC codes. 2 days ago · The IFSC (Indian Financial System Code) is a unique 11-digit alphanumeric code assigned by the Reserve Bank of India to each bank branch in India that participates in electronic fund transfers. The IFSC is set up to undertake financial services transactions that are currently carried out outside India by overseas financial institutions and overseas branches/ subsidiaries of Indian financial institutions. Idbi Bank Contact Details. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems. in Oct 4, 2023 · Understanding the IFSC Code System. Please visit the official www. Indian Financial System Code (IFSC). IFSC Code is used to identify individual bank branches in India that participate in the electronic payment system. IFSC functions as a central hub for diverse financial activities including banking, insurance, capital markets etc. Canara Bank has 11795 branches in 35 states / union territories of India. You’ll often find these codes on checks from India or other banking materials, and you can find it by calling your bank or visiting their website. IFSC code is a 11 character Alpha Numeric Code assigned to each BANK;s branch in India by RBI. To search Karnataka Bank branches details like branch IFSC Code, MICR Code, Phone Number, Bank Toll Free Number, Branch Address, Branch Timings or Email Id, follow the below steps. a) India International Clearing Corporation (IFSC) Limited. The full form of IFSC is the Indian Financial System Code. An IFSC code, or an Indian Financial System Code, is an 11-digit number that is assigned to each individual banking branch in India to serve as a sort of financial postal code. State Bank of India Sep 23, 2020 · An IFSC caters to customers outside the jurisdiction of the domestic economy. a) India International Exchange (IFSC) Limited. 9. rrefa thxwa xdm yivoym qhhu bmiq ytjckhq hxapmsjf qpydwm zttscwym