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Search by Bank Name or Branch Name or MICR Code or IFSC Code or Phone Number of Address.

IFSC

Indian Financial System Code

IFSC is the short form of Indian Financial System Code. It is 11 digit character that you can usually see on your bank’s cheque leaves, or other bank sponsored material. This 11 character code is a unique ID for the individual bank branches to safely participate in various online money transfer options like NEFT and RTGS.

MICR

Magnetic Ink Character Recognition

MICR code is a code printed on cheques using MICR (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing.
An MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).
It comprises of 3 parts:
1. The first three digits represent the city (City Code). They are aligned with the PIN code we use for postal addresses in India.
2. The next 3 digits represent the bank (Bank Code)
3. The last 3 digits represent the branch (Branch Code)

The MICR code is located on the bottom of a cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank savings account passbook.

RTGS

Real Time Gross Settlement

The term Real Time Gross Settlement (RTGS) refers to the funds transfer system that allows for the instantaneous transfer of money and/or securities. RGTS is the continuous process of settling payments on an individual order basis without netting debits with credits across the books of a central bank. Once completed, real-time gross settlement payments are final and irrevocable. In most countries, the systems are managed and run by their central banks. In India it is maintained by Reserve Bank of India

NEFT

National Electronic Funds Transfer

This is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme.