The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Fino Payments Bank for its Bangalore branch in Bangalore, Bangalore Urban, Karnataka, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Fino Payments Bank located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FINO0001560. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are some of the key details that come with the IFSC Code FINO0001560 of Fino Payments Bank for its branch located in Bangalore, within the district of Bangalore Urban in the state of Karnataka.

Particulars Details
Bank Fino Payments Bank
IFSC Code FINO0001560
Branch Bangalore
City Bangalore
District Bangalore Urban
State Karnataka
Address No - 10 Stavyah Arcade,2Nd Floor 9Th Mail Road,Opp Daily Bread Shop Banashankari 2Nd Stage Bangalore 560070

These details are crucial, not just for online banking users but also for businesses and individuals who use Fino Payments Bank in Bangalore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001560 for the Bangalore branch of Fino Payments Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Fino Payments Bank located in Bangalore, Bangalore, Karnataka, is provided with a unique IFSC like FINO0001560 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Fino Payments Bank branch in Bangalore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Bangalore and Bangalore Urban.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Fino Payments Bank in Bangalore do not get mixed with another location.

Format of the IFSC Code FINO0001560

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Fino Payments Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bangalore in Bangalore.

For example, the IFSC Code FINO0001560 of Fino Payments Bank for the Bangalore branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka accurately.

How to Find IFSC Code for Fino Payments Bank?

If you are trying to find the IFSC Code FINO0001560 of Fino Payments Bank for its Bangalore branch located in Bangalore, the following methods can help:

Cheque Book

The cheque book issued by Fino Payments Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

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

Bank Website

Visit the official website of Fino Payments Bank and navigate to the branch locator section. Search for Bangalore or Bangalore to get the exact IFSC Code FINO0001560.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Fino Payments Bank and Bangalore, you'll get the correct details.

How to Use IFSC Code FINO0001560 for Online Transfers?

Once you have the IFSC Code FINO0001560 for the Bangalore branch of Fino Payments Bank in Bangalore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FINO0001560. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Fino Payments Bank IFSC Code FINO0001560.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Fino Payments Bank Bangalore in Bangalore, your payment can get delayed or might not go through at all.

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 Bangalore, 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 Bangalore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Fino Payments Bank in Bangalore, Bangalore?

The IFSC Code is FINO0001560.

Is the IFSC Code FINO0001560 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Fino Payments Bank Bangalore?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bangalore branch?

The address of the branch is No - 10 Stavyah Arcade,2Nd Floor 9Th Mail Road,Opp Daily Bread Shop Banashankari 2Nd Stage Bangalore 560070 located in Bangalore, Bangalore Urban, Karnataka.

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.