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IFSC Code
List of IFSC Code, MICR Code and Addresses of all Banks in India
Find IFSC Code for Banks in India
RBL Bank IFSC Code: RBL MICR Codes & Branch Addresses in India
To identify the bank and its specific branch that is a part of an inter bank money transfer, the IFSC code was introduced by the Reserve Bank of India. This eleven digit code is different for each branch, even if the branches are of the same bank.
Though the IFSC code is extensively used in electronic fund transfers, it is right for a customer of a bank to know the IFSC code assigned to his particular branch. This will aid in fund transfers apart from helping you manage your account.
RTGS transfer
Be it an RBL Bank IFSC code or any other IFSC code; it is used for Real Time Gross Settlement (RTGS) transfer. This method of electronic transfer helps a person transfer a large amount of money from one bank to another. There is no maximum limit on fund transfer.
With an IFSC code of any branch like RBL Bank Chennai IFSC code, a real-time and a gross basis transfer can be initiated. The customer who remits the funds can get an acknowledgment from the RBI when the funds are transferred.
With an RTGS transfer, all the transactions are settled on a real-time basis, and a possible credit risk can be eliminated.
IFSC CODE BY BANK
- SBI
- Bank of Baroda
- Axis Bank
- ICICI Bank
- Indian Bank
- Canara Bank
- Bank of India
- HDFC Bank
- Andhra Bank
- Central Bank of India
- Allahabad Bank
- Punjab National Bank
- Syndicate Bank
- Bank of Maharashtra
- Citi Bank
- UCO Bank
- Dena Bank
- Corporation Bank
- IDBI Bank
- United Bank of India
- Indian Overseas Bank
- Kotak Mahindra Bank
- SBT Bank
- SBM Bank
- Vijaya Bank
- Federal Bank
- Yes Bank
- Indusind Bank
- State Bank of Patiala
- State Bank of Hyderabad
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