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.

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 Axis bank ifsc code 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.

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.

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 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.

Please confirm the IFSC codes with your bank before initiating any transaction. We shall not be held responsible or liable for any loss or damage suffered by you as a result of incorrect or incomplete information in this page. BSR Codes assists the international tax authorities to track the payment made by an individual to a foreign country.

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.

Uses Of Bsr Codes

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.

IFSC code ensures that the money is transferred to the right account. The IFSC code of the bank is usually found on bank’s cheque leaves. In order to make online fund transfer to any bank account, one should know the IFSC code of the recipient’s bank branch. The minimum and maximum transaction limits will change according to banks. To transfer funds via IMPS, the remitter should know the beneficiary’s account number and bank’s IFSC code. As it is an immediate payment service, fund transfer once initiated cannot be stopped.

Find Financial Institution Ifsc Code

Once the beneficiary is added, the IFSC links both the accounts and navigates your bank to transfer the funds to the beneficiary's bank account. BSR codes are used by the Income Tax Department to receive and gather information and records taxes that are paid through the banks and uploads the challan details. It must be remembered that BICs and SWIFT Codes can be used interchangeably and are one and the same thing. A SWIFT code is usually used during international bank wire transfers. However, these codes may also make you pay a higher rate, depending on the ongoing rates at the time of the transaction.

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.