IFSC Codes are used for initiating money transfer through NEFT or RTGS. This code uniquely identifies the bank branch where the receiver of the funds has his/her account. IFSC code is a 11 character alpha-numeric code assigned to each bank branch by RBI in India.
NEFT Online Transfer:NEFT is the most cost effective and secure way of account to account money transfer in India. It usually takes around 1-4hrs to receive the money using NEFT.
NEFT Timings:Monday-Friday: | 8am to 7pm |
Saturday: | 8am to 1pm |
Sunday: | Closed |
Note: Any transfer made outside the time limit will be initiated on the next working day.
NEFT Fees:Up to Rs.10,000 | Rs.2.50 + Service Tax |
Rs.10,000 to Rs.1 Lakh | Rs.5.00 + Service Tax |
Rs.1 Lakh to Rs.2 Lakh | Rs.15.00 + Service Tax |
Rs. 2 Lakh Onwards | Rs.25.00 + Service Tax |
Note: This is the maximum fees which a bank can charge. Actual charges can be lower.
Find IFSC Codes:IFSC code for a bank branch can be located on the cheque book or the pass book issued by the branch. You may also search our website to find the ifsc code for branches of all banks in India.