Indian Banks IFSC codes which can be used with PayPal

PayPal included the transfer of money to Indian Banks’ accounts directly. That was a piece of great news, but you will need the IFSC code of the particular bank branch where you wish to transfer money in the transfer process. On request of one of the guys MRINAL KANT BALODI in the comments, I was able to find the listed ifsc code on ICICI bank sites.

Paypal Indian Bank IFSC Code

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 a 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 that 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 or 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 alphanumeric code designed to identify the bank branches in India uniquely. This is an 11 digit code with the first 4 characters representing the bank’s code, the next character reserved as control character (Presently 0 appears in the fifth position), and the remaining 6 characters to identify the branch. The MICR code has 9 digits to identify the bank branch.

Disclaimer: I hold no responsibility for the numbers listed in the files. Kindly confirm with your bank branch on the first hand.

15 COMMENTS

  4. 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.

  6. 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

  9. 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…..

  10. 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
    [email protected]

  12. Hi Sir,

    Thank you for the valuable help you’ve given. However i have one doubt :

    I did download the code file from RBI and other resources but apparently
    there are many different branches and their respective codes.

    My branch is the Oshiwara one but still im not sure which one should i chose?

    can you help me?

    my branch details is mentioned below :

    Please help which one am i supposed to select?

    INDIAN BANK IDIB000O011 400019028 OSHIWARA Acropolis Plot No.Lokhandwala Complex, Oshiwara, Andheri West, Mumbai 400053 Ph: 022 26362533 26324815 MUMBAI GREATER BOMBAY MAHARASHTRA

  13. i need ifsc code for indian bank yercaud branch selam can any one tell me the code, and also indianbanks bank code and also swift bic code too my mail id is [email protected] pls.send me the details iwill b waiting

  14. sir, i want to transfer payment from paypal site. Which one i will use in paypal. ?

    my bank name is kalupur com. co. op.bank.

    rtgs code : KCCB0RTGS4C

    IFCS : KCCB0ISP019

  15. I would like to suggest people who are in confusion of adding bank account to Paypal,, i have been using with IFSC code , not rtgs code.,

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