Indian Banks IFSC codes which can be used with PayPal
PayPal included transfer of money to Indian Banks accounts directly. That was a great news but in transfer process you will need IFSC code of the particular bank branch where you wish to transfer money. On request of one the guy MRINAL KANT BALODI in comments I was able to find the listed ifsc code on ICICI bank sites.
Here are the details:
- Follow the Receiving Funds via ICICI Bank RAPID Remittance: ( click to open) .
- At the end of the page you will see “Please Click here to view list of Banks and Bank Branches enabled for RTGS transactions and their IFSC codes”
- That links will start a download process of a 6MB excel file which contains RTGS and IFSC codes of Indian Banks.
However a word of caution., Please call your bank branch and get the code from them directly of if you are using this file, again verify it. I don’t think these codes will change but when it comes to money, be cautious.
What is RTGS ?
Real time gross settlement (RTGS) system, designed to make inter-bank payments and receipts safe, transparent and efficient
What is IFSC ?
Indian Financial System Code (IFSC) is an alpha numeric code designed to uniquely identify the bank-branches in India. This is 11 digit code with first 4 characters representing the banks code, the next character reserved as control character (Presently 0 appears in the fifth position) and remaining 6 characters to identify the branch. The MICR code has 9 digits to identify the bank-branch.
Disclaimer: I hold no responsibility about this numbers listed in files. Kindly confirm with you bank branch on the first hand
Posted on 25th November 2007 by Ashish Mohta , A Professional Tech blogger, Editor and Writer who talks about solving day to day problems of people who use computer. He also writes on How to use the applications like Office, PC tips, Online tools,Browsers and more. All posts by Ashish Mohta | Connect with me @ Twitter | Linkedin | Facebook | Stumble
hello sir, am in thiruverumbur, i want ifsc code of my indian bank branch can u send me
thank
Lakshmi , did you download the file ? You can even call your branch bank to get the details.
hello
sir did not download yet dont know how to do can u help me thank
Dear sir,
I want to know about IFSC code of ICICI Bank. They have provided me the two codes one is NEFT IFSC code – ICIC0SF0002 and other is RTGS IFSC CODE – ICIC0000007
Which one i will use in paypal. ?
Please help me.
Ashish… Realy great. The excel sheet is damn useful.
Thanks.
Hello!!
We are running an NGO and our Matrons are at USA and Germany. Is it alright to use RTGS code for fund transfer into our FCRA Account. The question is basically the fund is for an NGO and it not in the form of investments.
Thank you
@Bharati : I think the back or the RBI Po office can only take you to right direction. I am not sure of the NGO disciplines
sir i want tirupattur indian bank code, will u please send me4 sir
hello ,,,,,,,,,, any one can tell me the branch code of indian bank which is oppsite to minerva complex…. if any body knows then send the info. by mail… its urgent…..
Is the RTGS also possible for
transfer of money from India to a foriegn country.
Else What would be the fastest way.
IFSF – Indian Financial Service Code ,
Was wondering , If it can be done real time , with SWIFT etc
@MADHU
type “IFSC Codes” in google the first result is the Excel File.
Aces J
aces27@gmail.com
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