There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Fino Payments Bank for its Ballia branch in Ballia, Ballia, Uttar Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Fino Payments Bank situated in Ballia or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code FINO0001593. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Fino Payments Bank, Ballia, Ballia

Here are some of the key details that come with the IFSC Code FINO0001593 of Fino Payments Bank for its branch located in Ballia, within the district of Ballia in the state of Uttar Pradesh.

Particulars Details
Bank Fino Payments Bank
IFSC Code FINO0001593
Branch Ballia
City Ballia
District Ballia
State Uttar Pradesh
Address Near Bhrigu Ashram, Naraini Cenema Hall Ballia, Pin Code-277001

These details help users in online banking and for businesses and individuals who use Fino Payments Bank in Ballia for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001593 for the Ballia branch of Fino Payments Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like FINO0001593 is given to every bank branch, including Fino Payments Bank located in Ballia, Ballia, Uttar Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Fino Payments Bank branch in Ballia.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Ballia and Ballia.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Fino Payments Bank in Ballia doesn't end up at another location.

Format of the IFSC Code FINO0001593

The format of the IFSC Code for banks, including Fino Payments Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Fino Payments Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ballia in Ballia.

For example, the IFSC Code FINO0001593 of Fino Payments Bank for the Ballia branch includes these elements, identifying the bank and the branch location in Ballia and Uttar Pradesh correctly.

How to Find IFSC Code for Fino Payments Bank?

If you are trying to find the IFSC Code FINO0001593 of Fino Payments Bank for its Ballia branch located in Ballia, the following methods can help:

Cheque Book

The cheque books that are issued by Fino Payments Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Fino Payments Bank branches in Ballia and Ballia, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Fino Payments Bank and find the branch locator section. Search for Ballia or Ballia to get the exact IFSC Code FINO0001593.

Mobile Banking App

If you use Fino Payments Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Fino Payments Bank and Ballia that will provide accurate information.

How to Use IFSC Code FINO0001593 for Online Transfers?

Once you have the IFSC Code FINO0001593 for the Ballia branch of Fino Payments Bank in Ballia, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FINO0001593. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Fino Payments Bank IFSC Code FINO0001593.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Fino Payments Bank Ballia in Ballia, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Fino Payments Bank in Ballia, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Fino Payments Bank website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Ballia manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Fino Payments Bank Ballia Ballia?

The IFSC Code of the Ballia Ballia branch is FINO0001593.

Is IFSC Code FINO0001593 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Fino Payments Bank Ballia branch?

The branch is located at Near Bhrigu Ashram, Naraini Cenema Hall Ballia, Pin Code-277001.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.