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

About The Author of this article:
Ashish is one of the co-author of this blog and writes on various interesting softwares, PC tips and more. You can read more of his articles here.

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11 Comments and Link-Backs to “Indian Banks IFSC codes which can be used with PayPal”

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9 Comments from Friends and Readers

PC, November 21, 2007:

That info was a great help. I was looking for the IFSC all over the web. Thanks.
Ashish Mohta, November 21, 2007:

@Pc: Great it helped you too. Please do share the info with others too.
Vijay, November 21, 2007:

I simply asked the guys at my bank branch and i got the code from them.. Usually the last 4 digits identifying the bank branch will be in your passbook or chequebook.

the rest of the code includes the bank code and zeros

e.g for state bank, the code is something like

SBIN 000 XXXX
Ashish Mohta, November 21, 2007:

@Vijay: Thats the best way to do it. Though I have seen people looking for it online. Guess this post can help them out.
Florist India, January 3, 2008:

You can download the IFSC codes Here
Anjanesh, March 14, 2008:

You can lookup IFSC codes here.
Austin, March 25, 2008:

Thanks Ashish for the article and also to Anajanesh for the lookup tool.

Cheers,
Austin
Ashish Mohta, March 25, 2008:

@Austin: You are welcome buddy. Spred the word and let people know about it
onlinesurvey, June 5, 2008:

More details you can get from Reserve Bank website

http://www.rbi.org.in/Scripts/Bs_viewRTGS.aspx