IFSC Code Finder: Your Best Online Buddy is Here

Ajit Sharma from Lucknow wants to transfer online money to his close friend living in New Delhi. And, in order to do the same, he opened his NetBanking and while filling up the details he realized that he didn’t know the IFSC code of his friend’s account. As a result, he couldn’t proceed with the process of fund transfer because it is mandatory to fill the same code of a bank in which you want to park the money.  

Yes, that’s absolutely right! If you want to transfer funds instantly online but don’t know the IFSC code of the destination bank branch? Well, if that is the case with you, all you need to do is just read the article below. Now participating in any electronic ways of transferring funds/money can easily be possible with an online device known as IFSC finder. Yes, this smart tool with its well-designed algorithms gives you the exact and accurate values in the best way.  

Apart from letting you know the codes of the various banks, this tool lets you know much more, i.e. branch name, branch address, MICR, bank name and what not. Now you must be wondering how to use this device, isn’t it? Just read the article below:

Basically, there are two different scenarios on which this smart device works. It takes into account one simple phenomenon, where it asks an individual to fill the required field. However, for your better understanding, let’s just try to understand each scenario below:

If IFSC is Known

If an individual is already aware of the code of a bank branch, he/she simply needs to enter the same in the required field. By entering the known code of the branch, the results will be displayed as:

  • Old IFSC
  • New IFSC
  • Bank
  • MICR
  • Branch
  • Address
  • Contact
  • City
  • District
  • State

If IFSC is not Known

If you don’t know the IFSC code of a bank branch that you are looking for, this online device is here to help. This tool after taking into consideration following inputs such as Bank Name, City, State, District and Branch helps you in locating the code without any hassle. Apart from letting you know the code, this device also lets you know the following:

  • Old IFSC
  • New IFSC
  • Bank
  • MICR Code
  • Branch
  • Address
  • Contact
  • City
  • District
  • State

Decoding the Meaning

This is the reason why IFSC Code Finder is widely used by many people so as to have a smooth online transaction. However, if we go into the detail and talk more about this code, it basically stands for Indian Financial System Code, representing the 11-digit alphanumeric code that helps in the identification of a specific bank branch. Moreover, the bank branches participating in any fund transfer system regulated by RBI must have their own IFSC which is assigned by RBI itself.

This unique 11-character code enables the remitter to do the fund transfer online in minimal time along with utmost accuracy. You can see this code on the cheque leaf, issued by a concerned home bank branch.

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