Check Ifsc Codes, Micr Codes

Real Time Gross Settlement is an electronic fund transfer system which is used to transfer money from one bank account to another. By using the internet banking facility, you can easily transfer funds through RTGS on your own. Funds will be credited to the beneficiary’s account within 30 minutes. National Electronic Funds Transfer is an online fund transfer system supported by Reserve Bank of India . By using NEFT, you can easily transfer funds from one bank account to another bank account. NEFT functions on Deferred Net Settlement in which transactions are settled in batches.

The transferred funds will be credited to the beneficiary’s account within two days. The minimum amount that can be transferred through RTGS is Rs. 2 lakhs and there is no maximum limit. To initiate fund transfer in RTGS, the remitter should have beneficiary’s name, bank name, IFSC code and account number. In order to make transactions through RTGS, both the banks where the remitter and the beneficiary have their account, should contain RTGS facility.

The first three digits denote city code, the middle three digits denote bank code and the last three digits denote branch code. All the information published on is collected from the RBI website. We are not in any way affiliated with the R.B.I. and we are NOT the official source of IFSC or MICR codes. This site is focused on banking data in India and money transfer related information.

What Is Rtgs?

Conceptualized by the Reserve Bank of India, the IFSC does the job of cataloguing individual bank branches across the country. Indian banks use the IFSC for any payment made through RTGS or NEFT systems for transferring money between banks in India. For fund transfer to take place, both the banks where the remitter and beneficiary have their account should have NEFT service.

Ifsc Code Checker

Bank.codes needs to review the security of your connection before proceeding. The next two characters, only letters, are to describe or give the country code. IFSC or IFS Codes are unique identifiers of financial institutions which are part of the Indian Financial System . This is applicable once in every two months for the Return on Ownership of Bank Deposits from all branches on the last Friday of March. Another identifier we store in our website's database is the MICR code. This free reference website, provides a quick and easy way to locate any Indian bank's IFSC code.

Most banks put up a list of their branches' data on their websites. However, hunting this information across the internet is a tedious process. If you want the IFSC for any particular bank quickly, you can find it in seconds in our website. Here you will find the complete and accurate database of all bank branches in the country. Our database includes the latest branches opened, their addresses, location details and detailed contact information.

With online IFSC code finder, you can easily find the IFSC code according to the location you need. To find the IFSC code of the bank, you need to select the name of the bank, state and district where the bank is situated and bank branch. Once providing the details, your bank’s IFSC code will appear along with the Axis bank ifsc code information such as your bank, state, district, city, branch, branch code, address and contact number. Funds can be transferred using beneficiary’s MMID and mobile number or else by using account number and IFSC code. By using the mobile application of the respective bank, you can instantly transfer funds anytime.

IFS Codes are used when processing bank account payments in India. This is applicable to the half-yearly Returns on Advances from all branches of the bank on the last Friday of June and December. It is in two parts; Part I is for accounts with limits over Rs.10,000 and Part II is for accounts with limits below Rs.10,000. The next two characters can be a mix of both numbers and letters. All the information published on this website is strictly for personal use and should never be used without verification, on any kind of transaction.

We have taken extra care to make our site as user friendly as possible. As the MICR code is printed with magnetic ink, machines can easily read the code, thus minimizes errors. IMPS is a 24 hours service and it is available on all days including holidays. Though it is a mobile based system, many banks offer this service via ATM and net banking too.