Step 4: Funds Transfer Confirmation
Where to Find the IFSC Code?
If you are wondering how to search for an IFSC code, here are four methods to find the IFSC for a bank branch:
Where to Find the IFSC & MICR Codes on a Cheque?
You can easily find both the IFSC and MICR codes on the bank’s chequebook and passbook. The IFSC is printed on the top of the cheque leaf, while the MICR code is printed on the bottom of the same leaf. You can also find both these codes on the first page of the passbook provided by the bank branch.
Apa gunanya kode MICR?
MICR adalah teknologi yang membantu dalam memverifikasi keaslian cek atau dokumen kertas lainnya. Ini digunakan terutama oleh bank untuk memproses cek lebih cepat. Kode MICR membantu RBI dalam mengidentifikasi cabang bank.
Differences between IFSC, MICR and SWIFT Codes
Online fund transfers via NEFT, IMPS and RTGS
Verifies the authenticity and validity of the cheque and aids in quick processing
SWIFT is approved by the International Organisation for Standardisation (ISO); identifies the bank and branch of the sender and receiver of funds
city code (first three digits)
bank code (next three digits)
branch code (last three digits)
bank code (first four characters)
country code (next two characters)
location code (next two characters)
optional branch code (last three characters)
Razorpay’s IFSC Toolkit
Handling a multitude of payments on an everyday basis, we discovered that we needed to process, validate and query several financial details, one of them being IFSC codes. We needed a system that could, easily, quickly, and accurately validate codes in order to ensure smooth payments processing. Without any complete API that suited all our requirements, we decided to build our own IFSC toolkit and even make it open source to help others in the industry.
Here’s exactly how we built the IFSC Toolkit:
The IFSC toolkit includes an API, the dataset downloads, and the source code to generate the entire dataset from the RBI website. You can find all these details at ifsc.razorpay.com. We have written more about Razorpay IFSC Toolkit.
When searching for an IFSC, keep the following things in mind
Mendukung Transfer Dana Elektronik
IFSC Code memungkinkan transaksi keuangan elektronik seperti NEFT, RTGS, dan IMPS. Kode ini penting untuk memfasilitasi proses transfer dana online antar bank.
IFSC Code in Cheque Leaf
The IFSC is usually printed at the end of the branch address on the top left corner of the cheque leaf.
Branch Locator tool
Most banks have a Branch Locator tool on their official website. You can use it to find the IFSC for a specific branch by entering the state, city and branch name. For example, if you enter “Uttar Pradesh” in the state field, “Lucknow” in the city field, and “Lucknow Main Branch” in the branch name field, your screen will display the IFSC of this branch.
It is crucial to enter the correct IFSC during an online transfer, as it ensures that the funds reach the intended recipient. If you enter an incorrect IFSC, your bank will decline the transaction.
