You will not be able to figure out an IFSC code by simply using a bank account. However, there are ways in which you can figure out the IFSC code of a bank.
How to find an IFSC code?
You can find your IFSC code by using one of the following methods.
- Call the helpline number of the bank and ask for the IFSC code.
- You may also find the IFSC code of the bank on the cheque book.
- You can visit the Bankbazaar website in order to find the IFSC code of the specific branch of the bank. On the website, you can locate the IFSC code of the specific branch of any bank in India.
What is IFSC code?
IFSC stands for Indian Financial System Code. It is an 11-digit alphanumeric code that facilitates online fund transfers within the country. Assigned to all bank branches that operate in the country by the country’s central bank i.e., Reserve Bank of India, the IFSC code helps in identifying the bank and branch where the individual’s account is held.
Format of IFSC code
The 11-digit IFSC code can be divided into three parts. The first part consists of the first four alphabetic characters, the second part consists of the fifth character and the third part consists of the final six characters of the code. While the first part of the code represents the name of the bank, the final part represents the specific branch of the bank. The second part of the code which consists of the fifth character is reserved for future use.
For e.g., if the IFSC code for the CV Raman Nagar branch of HDFC bank is HDFC0004716, the first four characters HDFC signify the bank name, the fifth character ‘0’ is for future reference and the last six characters ‘004716’ signify the branch of the bank.
Where can I find the IFSC code of the bank branch?
The IFSC code of the respective bank branch can be found on the passbook and on the cheques that are issued to the individual by the bank. While the 11-digit alphanumeric code is printed at the bottom right-hand corner of the first page in the passbook, the code is printed at the bottom left-hand corner of the cheque leaf. The code can also be looked up at the bank website, RBI website and third-party sites like BankBazaar.
How to look up for the IFSC codes of bank branches on BankBazaar?
BankBazaar, India’s first neutral online marketplace enable individuals to check the IFSC code of any bank and its branches located anywhere in the country instantly. To find out the code, the individual is required to follow some simple steps which take hardly two-three minutes. The steps which need to be followed in order to check the IFSC code of bank branches through BankBazaar are mentioned below:
- Visit www.bankbazaar.com
- Scroll down to the bottom of the page
- Click on ‘Bank IFSC Code’
- In doing so, you will be redirected to a new page titled ‘IFSC and MICR Codes Directory’
- There you need to select the name of the bank, state, district and branch for which you need to find the IFSC code
- Once you do that, details such as IFSC code, MICR code, name of the bank, branch, district, and state, the address of the bank branch, contact number and the branch code are displayed.