| Monday – Friday | 9.30 AM – 5.00 PM |
| 1st and 3rd Saturday | 9.30 AM – 5.00 PM |
| 2nd and 4th Saturday | Holiday |
| Sunday | Closed |
| Sunday | Closed |
| NEFT Timings | 8.00 AM – 6.30 PM |
| No of NEFT Settlments from Monday to Friday | 12 from 8 am to 7 pm |
| No of NEFT Settlments on Saturday | 6 from 8 am to 1 pm |
| RTGS Timings | 8.00 AM – 4.30 PM |
| IMPS Timings | 24x7 |
| No of RTGS Settlments in a Day | RTGS business hours |
| Monday – Friday | 8.00 AM – 6.30 PM |
| 1st and 3rd Saturday | 8.00 AM – 6.30 PM |
| 2nd and 4th Saturday | Holiday |
| Sunday | Closed |
| Maximum Amount per Transaction | Rs. 50,000 |
| For transactions up to Rs 10,000 | Rs 2.50 (+ S.T) |
| For transactions above Rs 10,000 to Rs. 1L | Rs 5.0 (+ S.T) |
| For transactions above Rs 1L & up to Rs 2L | Rs 15.0 (+ S.T) |
| For transactions above Rs 2L | Rs 25.0 (+ S.T) |
| NEFT Can be used for | NRE and NRO Also* |
| No of NEFT Settlments Mon - Fri | 12, from 8AM - 7PM |
| No of NEFT Settlments on Sat Day | 6 from 8AM - 1PM |
| Monday – Friday | 8.00 AM – 4.30 PM |
| 1st and 3rd Saturday | 8.00 AM – 4.30 PM |
| 2nd and 4th Saturday | Holiday |
| Sunday | Closed |
| Minimum Amount per Transaction | Rs. 2 Lakhs |
| Inward transactions | Free |
| Outward transactions – Rs. 2L to Rs. 5L | Rs. 30.00 |
| Above Rs. 5 lakh | Rs. 55.00 |
| No of RTGS Settlments in a Day | Continuously throughout the RTGS business hours |
An IFSC or the Indian Financial System Code is an 11 digit code in alpha-numeric format to identify all the Indian Bank branches for the use of NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), IMPS (immediate Payment Service) and CFMS (Centralised Funds Management System), developed by the RBI (Reserve bank of India).
In this 11 Alpha-numeric format code, First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch of a particular bank.
MICR code or Magnetic Ink Character Recognition Code is a character-recognition technology used mainly by the Indian banking industry to ease the processing and clearance of cheques. The MICR code typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount, and a control indicator. The technology allows MICR readers to scan and read the information directly into a data-collection device to process the clearance of cheques.
IMPS or Immediate Payment Service is one of the electronic funds transfer systems started in Nov.-2010 in India. IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones. IMPS is an emphatic tool to transfer money instantly within banks across India through mobile, internet and ATM which is not only safe but also economical both in financial and non financial perspectives. AS of now only up to Rs. 50,000 we can send through IMPS.
IMPS facility is provided by NPCI (National Payments Corporation of India) through its existing NFS (National Financial switch).
Disclaimer: All the Banks, Branches IFSC and MICR codes were collected from RBI and reference to the various banks websites available in the market. We have tried our best to keep the latest information in our website. It may have human and/or technical errors. The website ifsc.apnaloanbazaar.com not to be responsible for the topicality, correctness, completeness or quality of the information provided. All the users are requested to double check the details obtained from this website with the banks authorised information before using for any banking transactions. Please read our disclaimer carefully before using any information from the website.