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Search banks by name, city, IFSC, MICR or branch code. We have list of almost all banks in India.
With the tremendous growth in the technology, everything has become Hi-Tech; even the way we search for places like hotels, banks and more. Today, if one is looking for a bank or an ATM, instead of looking around or asking someone, the easiest way he will choose is internet. He will simply Google the location or the IFSC and MICR codes of branch and will instantly get the address with all the other details.
All one need is the exact IFSC, MICR, SWIFT or Branch Code, and he will get the complete address of the branch, and nearest ATMs. Now, one you be wondering what these codes are? These are alpha-numeric code that uniquely identifies a bank-branch. The detail description is provided below.
IFSC Codes: Also known as Indian Financial System Code, it is an alphanumeric code that facilitates electronic funds transfer in India. Talking about the format, it is an 11-character code with the first four alphabetic characters representing the bank’s name, and the last six characters, usually numeric, represents the branch. The fifth character is 0 (zero) and reserved for future use. These codes are used by NEFT (National Electronic Funds Transfer) & RTGS (Real Time Gross Settlement) systems to method the messages to the destination banks/branches. You can find the IFSC code for every branch on the website of Reserve Bank of India. However, the banks are advised to print the code on the cheques issued by the branches to the customers.
MICR Codes: Defined as Magnetic Ink Character Recognition Code, is a nine character code and is used mainly by the banking industry to simplify the processing of cheques and other documents. This code is entitled at the bottom of the cheque and could include information of document type, bank code, bank account no, cheque no and a control indicator. There are MICR readers available that can scan and read the information directly into a data-collection machine. MICR Codes are available in two fonts – E-13B font has been adopted as the international standardand CMC-7 font is mostly used in Mexico, Europe and Brazil.
SWIFT Code: SWIFT (Society of Worldwide Interbank Financial Telecommunication) Code is an identification number approved by the International Organization for Standardization (ISO). This code is used to transfer money between banks, especially for International wire transfers. Comprised of 8 or 11 characters; the first 4 characters notify bank Code, next 2 characters signify ISO 3166-1 alpha-2 Country code, the next 2 characters denotes location code and the last 3 characters are branch code. When an 8-digit code is given, it may be assumed that it refers to the primary office.
Technology is ever-changing and is changing for our good. Now, here at our site you can easily find the IFSC and MICR codes of any bank or find a bank’s address and other details like telephone no, email-id and more by entering the IFSC and MICR codes, making your lives easy and comfortable.