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 Buxar branch in Buxar, Buxar, Bihar, 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 Buxar or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code FINO0001299. 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, Buxar, Buxar
Here are some of the key details that come with the IFSC Code FINO0001299 of Fino Payments Bank for its branch located in Buxar, within the district of Buxar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Fino Payments Bank |
| IFSC Code | FINO0001299 |
| Branch | Buxar |
| City | Buxar |
| District | Buxar |
| State | Bihar |
| Address | Badi Maszid,Satyadev Ganj,Main Road Buxar,Bihar Pin -802101 |
These details helps users in online banking and for businesses and individuals who use Fino Payments Bank in Buxar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001299 for the Buxar branch of Fino Payments Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Fino Payments Bank located in Buxar, Buxar, Bihar, is provided a unique IFSC like FINO0001299 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Fino Payments Bank branch in Buxar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Buxar and Buxar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Fino Payments Bank in Buxar do not get misguided to another person.
Format of the IFSC Code FINO0001299
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 Buxar in Buxar.
For example, the IFSC Code FINO0001299 of Fino Payments Bank for the Buxar branch includes these elements, identifying the bank and the branch location in Buxar and Bihar correctly.
How to Find IFSC Code for Fino Payments Bank?
If you are trying to find the IFSC Code FINO0001299 of Fino Payments Bank for its Buxar branch located in Buxar, 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 Buxar and Buxar, 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 Buxar or Buxar to get the exact IFSC Code FINO0001299.
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 Buxar that will provide accurate information.
How to Use IFSC Code FINO0001299 for Online Transfers?
Once you have the IFSC Code FINO0001299 for the Buxar branch of Fino Payments Bank in Buxar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FINO0001299. 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 FINO0001299.
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 Buxar in Buxar, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Fino Payments Bank in Buxar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Fino Payments Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Buxar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FINO0001299.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Badi Maszid,Satyadev Ganj,Main Road Buxar,Bihar Pin -802101 located in Buxar, Buxar, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.