Find IFSC and MICR Codes

List of IFSC code, MICR code and addresses of all bank branches in India. Find verified IFSC codes quickly to use for NEFT, RTGS & IMPS transactions.

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Frequently Asked Questions on IFSC and MICR codes

1. What is an IFSC Code?

   Ans: Indian Financial System Code (IFSC) is an eleven character alphanumeric code that helps in transferring funds online for NEFT, IMPS and RTGS transactions.

2. What is the Importance of IFSC code?

   Ans: The IFSC code helps to identifying a specific bank branch.

3. How to search for bank name by IFSC code?

   Ans: It is very easy to find the bank name using the IFSC code. The first four characters of the IFSC code represents the bank name. So, if the bank name is ICICI, then the IFSC code will look something like ICIC0001420.

4. What is the meaning of MICR code?

   Ans: MICR stands for Magnetic Ink Character Recognition. It is a special ink that is sensitive to magnetic fields. It is printed on the bottom of a cheque. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS)

5. What is the use of MICR code?

   Ans: MICR is a technology that helps in verifying the originality of cheques or other paper documents. It is used mainly by banks to process cheques faster. A MICR code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).

6. How can I transfer money from one bank account to another online?

   Ans: You can transfer money from one bank account to another through online mode using methods like National Electronic Fund Transfer (NEFT), Real-time Gross Settlement (RTGS), Immediate Payment Service (IMPS), and Unified Payment Interface (UPI).

7. Are IFSC and SWIFT code same?

   Ans: No, the SWIFT code is used when the transfer of funds between banks takes place internationally while IFSC is used for transferring funds within India. SWIFT is a bank identifier code while IFSC is used to identify a specific bank branch.

8. If a bank branch is changed, will the IFSC code change?

   Ans: No, when the location of a bank’s branch is changed, then the IFSC code will not change. When the bank account is shifted from one branch to another branch of bank, then the IFSC code will be change.

9. Is IFSC code same as branch code?

   Ans: No, IFSC code is not the same as branch code. Branch code is a part of the IFSC code, it is not the same.

10. Where is the IFSC code located on the cheque leaf?

    Ans: IFSC code is generally present on the top part of every cheque leaf or near the bank branch address. You can also find the IFSC code on the top of a cheque leaf near the bank account number.

11. Is IFSC code required for IMPS?

    Ans: IFSC code is mandatory to process all the IMPS transactions. If the receiver’s MMID is not available, then he/she needs to add the receiver as a payee, for which details such as bank account number, name, and IFSC are required.

12. Where can I locate MICR code on cheque?

    Ans: MICR code is printed on the bottom of a cheque leaf, next to the cheque number.

13. Is IFSC code unique?

    Ans: Yes, IFSC code is a unique eleven-digit alphanumeric code.

14. Can I access the IFSC code from my bank passbook?

    Ans: Yes, IFSC code can be found on the cheque and passbook provided by the bank.. As per a directive from the Reserve Bank of India, banks must print the IFSC and MICR codes on the passbooks, account statements and cheques issued by them.