Monday, 17 November 2014

IFSC Code - Indian Financial System Code

IFSC Code

IFSC Code Overview

The Indian Financial System Code (IFSC Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems. This is an 11-character code with the first four alphabetic characters representing the bank name, and the last six characters (usually numeric, but can be alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. IFSC Code is used by the NEFT & RTGS systems to route the messages to the destination banks/branches.

IFSC for NEFT and RTGS

Bank-wise lists of IFSCs are available with all the bank-branches participating in inter bank electronic funds transfer. A list of bank-branches participating in NEFT/RTGS and their IFSCs is available on the website of Reserve Bank of India. All the banks have also been advised to print the IFSC of the branch on cheques issued by branches to their customers.


List of Banks

This is a partial list of corporations engaged in banking business within the territory of India. There are currently 19 nationalised banks in India.
Andhra bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, Syndicate Bank, UCO Bank, Bank of Baroda, Union Bank of India, United Bank of India, Vijaya Bank, Allahabad Bank, IDBI Bank,
SBI and associate banks State Bank of India State Bank of Hyderabad State Bank of Bikaner and Jaipur State Bank of Mysore State bank of Patiala State Bank of Travancore

Regional Rural Banks

1.            Allahabad UP Gramin Bank
2.            Andhra Pradesh Grameena Vikas Bank
3.            Andhra Pragathi Grameena Bank
4.            Arunachal Pradesh Rural Bank
5.            Aryavart Gramin Bank
6.            Assam Gramin Vikash Bank
7.            Ballia –Etawah Gramin Bank
8.            Bangiya Gramin Vikash Bank
9.            Baroda Gujarat Gramin Bank
10.          Baroda Rajasthan Gramin Bank
11.          Baroda Uttar Pradesh Gramin Bank
12.          Bihar Kshetriya Gramin Bank
13.          Cauvery Kalpatharu Grameena Bank
14.          Chaitanya Godavari Grameena Bank
15.          Chhattisgarh Gramin Bank
16.          Chikmagalur-Kodagu Grameena Bank
17.          Deccan Grameena Bank
18.          Dena Gujarat Gramin Bank
19.          Durg-Rajnandgaon Gramin Bank
20.          Ellaquai Dehati Bank
21.          Gurgaon Gramin Bank
22.          Hadoti Kshetriya Gramin Bank
23.          Haryana Gramin Bank
24.          Himachal Gramin Bank
25.          Jaipur Thar Gramin Bank
26.          Jhabua Dhar Kshetriya Gramin Bank
27.          Jharkhand Gramin Bank
28.          Karnataka Vikas Grameena Bank
29.          Kashi Gomti Samyut Gramin Bank
30.          Kerala Gramin Bank
31.          Krishna Grameena BankMerged in pragati grameena bank
32.          Kshetriya Kisan Gramin Bank
33.          Langpi Dehangi Rural Bank
34.          Madhumalti Building Gupte Marg
35.          Madhya Bharat Gramin Bank
36.          Madhya Bihar Gramin Bank
37.          Mahakaushal Kshetriya Gramin Bank
38.          Maharashtra Gramin Bank
39.          Malwa Gramin Bank
40.          Manipur Rural Bank
41.          Marwar Ganganagar Bikaner Gramin Bank
42.          Meghalaya Rural Bank
43.          Mewar Anchalik Gramin Bank
44.          Mizoram Rural Bank
45.          Nagaland Rural Bank
46.          Uttrakhand Gramin Bank[1]
47.          Narmada Malwa Gramin Bank
48.          Odisha Gramya Bank
49.          Pallavan Grama Bank
50.          Pandyan Grama Bank
51.          Parvatiya Gramin Bank
52.          Paschim Banga Gramin Bank
53.          Pragathi krishna Gramin Bank
54.          Prathama Bank
55.          Puduvai Bharathiar Grama Bank
56.          Pune District Central Cooperative Bank Ltd.
57.          Punjab Gramin Bank
58.          Purvanchal Gramin Bank
59.          Rajasthan Gramin Bank
60.          Rewa-Sidhi Gramin Bank
61.          Rushikulya Gramya Bank
62.          Samastipur Kshetriya Gramin Bank
63.          Saptagiri Grameena Bank
64.          Sarva UP Gramin Bank
65.          Satpura Narmada Kshetriya
66.          Saurashtra Gramin Bank
67.          Sharda Gramin Bank
68.          Shreyas Gramin Bank
69.          Surguja Kshetriya Gramin Bank
70.          Sutlej Kshetriya Gramin Bank
71.          Tripura Gramin Bank
72.          Uttar Banga Kshetriya Gramin Bank
73.          Uttar Bihar Gramin Bank
74.          Vananchal Gramin Bank
75.          Vidharbha Kshetriya Gramin Bank
76.          Visveshvaraya Grameena Bank
77.          Wainganga Krishna Gramin Bank

Private-Sector Banks

1.            Axis Bank
2.            Catholic Syrian Bank
3.            City Union Bank
4.            Development Credit Bank
5.            Dhanlaxmi Bank
1.            HDFC Bank
2.            ICICI Bank
3.            IndusInd Bank
4.            ING Vysya Bank
5.            Karnataka Bank
6.            Karur Vysya Bank
7.            Kotak Mahindra Bank
8.            Lakshmi Vilas Bank
9.            RBL Bank
10.          Nainital Bank
11.          Tamilnadu Mercantile Bank
12.          South Indian Bank
13.          YES Bank
14.          Shivalik bank

Foreign Banks Operating in India

1.            Abu Dhabi Commercial Bank
2.            Australia and New Zealand Bank
3.            Bank Internasional Indonesia
4.            Bank of America NA
5.            Bank of Bahrain and Kuwait
6.            Bank of Ceylon
7.            Bank of Nova Scotia (Scotia Bank)
8.            Bank of Tokyo Mitsubishi UFJ
9.            Barclays Bank PLC
10.          BNP Paribas
11.          Calyon Bank
12.          Chinatrust Commercial Bank
13.          Citibank N.A.
14.          Credit Suisse
15.          Commonwealth Bank of Australia (Recently Launched Retail Services in Mumbai)
16.          DBS Bank
17.          DCB Bank now RHB Bank
18.          Deutsche Bank AG
19.          FirstRand Bank
20.          HSBC
21.          JPMorgan Chase Bank
22.          Krung Thai Bank
23.          Mashreq Bank psc
24.          Mizuho Corporate Bank
25.          Royal Bank of Scotland
26.          Shinhan Bank
27.          Société Générale
28.          Sonali Bank
29.          Standard Chartered Bank
30.          State Bank of Mauritius
31.          UBS
32.          Woori Bank
33.          Westpac Bank
34.          National Australia Bank

Foreign banks with business in India

Banks with Branches in India

1.            ABN AMRO Bank N.V. - Royal Bank of Scotland
2.            Abu Dhabi Commercial Bank
3.            American Express Bank
4.            Antwerp Diamond Bank
5.            Arab Bangladesh Bank
6.            Bank International Indonesia
7.            Bank of America
8.            Bank of Bahrain and Kuwait
9.            Bank of Ceylon
10.          Bank of Nova Scotia
11.          Bank of Tokyo Mitsubishi UFJ
12.          Barclays Bank
13.          BNP Paribas
14.          Calyon Bank
15.          Chinatrust Commercial Bank
16.          Citibank
17.          DBS Bank
18.          Deutsche Bank
19.          HSBC (Hongkong & Shanghai Banking Corporation)
20.          JPMorgan Chase Bank
21.          Krung Thai Bank
22.          Mashreq Bank
23.          Mizuho Corporate Bank
24.          National Australia Bank
25.          Shinhan Bank
26.          Société Générale
27.          Sonali Bank
28.          Standard Chartered Bank
29.          UBS

Foreign Banks with Representative Offices in India
             American Banks
                o             American Express
                o             Bank of New York
                o             Wells Fargo Bank
                o             Northern Trust
             Australian Banks
             Austrian Banks
                o             Raiffeisen Zentralbank
             Belgian Banks
                o             Fortis Bank
                o             KBC Bank
             Canadian Banks
                o             Royal Bank of Canada
             UAE Banks
                o             Emirates Bank International
             French Banks
                o             Credit Industriel et Commercial
                o             Natixis
             German Banks
                o             HypoVereinsbank
                o             Commerzbank
                o             Dresdner Bank
                o             DZ Bank AG Deutsche Zentral – Genossenschafts Bank
                o             HSH Nordbank
                o             Landesbank Baden-Württemberg
             Irish Banks
                o             Depfa Bank
             Italian Banks
                o             Banca Intesa
                o             Banca di Roma
                o             Banca Sella
                o             Banca Popolare di Verona
                o             Banca Popolare di Vicenza
                o             UBI Banca
                o             Monte dei Paschi di Siena
                o             Sanpaolo IMI
                o             UniCredit
             Nepalese Banks
                o             Everest Bank
             Portuguese Banks
                o             Caixa Geral de Depositos
             Russian Banks
                o             Vnesheconombank
                o             Promsvyazbank
             South African banks
                o             First Rand Bank
             South Korean Banks
                o             Woori Bank
             Spanish Banks
                o             Caixabank
                o             Banco de Sabadell
                o             Banco Bilbao Vizcaya Argentaria
             Sri Lankan Banks
                o             Hatton National Bank
             Swiss Banks
                o             Credit Suisse
                o             Zurich Cantonal Bank

Other Banks

Andhra Bank
All India Bank
AXIS BANK Ltd.
SBI (Canada) Ltd.
SBI (Japan) Ltd.
SBI (California) Ltd.
SBI Finance Inc.
SBI International (Mauritius)
SBI (INDIA) Ltd.
SBI (Singapore) Ltd.
Bank of Baroda (Uganda) Ltd.
Bank of Baroda (Kenya) Ltd.
Bank of Baroda (Ghana) Ltd.
Bank of Baroda (U.K.) Nominee Ltd.
Bank of Baroda (Hong Kong) Ltd.
Bank of India (Japan) Ltd.
Bank of India Finance (Kenya) Ltd.
Canara Bank
IOB Properties Pte Ltd.
Bank of Baroda (Botswana) Ltd.
Bank of Baroda (Guyana) Inc.
ICICI Bank (U.K.) Ltd
ICICI Bank (Canada)Ltd
Bank of Baroda (Tanzania) Ltd.
Bank of Baroda (United Arab Emirate)
Bank of Baroda
Bank of Baroda
ICICI Bank Eurasia LLC
PT Bank Indomonex
Indian Ocean International Bank Ltd. (IOIB)
Punjab National Bank International Limited (PNBIL)
Bank of Baroda (Trinidad and Tobago) Limited
PT Bank Swadesi Tbk
Bank of Baroda (Trinidad and Tobago) Limited
Syndicate Bank
UCO Bank