For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Fino Payments Bank for its Selaqui S O branch in Dehradun, Dehradun, Uttarakhand, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Fino Payments Bank located in Dehradun or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code FINO0001557. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Fino Payments Bank, Selaqui S O, Dehradun
Below in the table are the key details related to IFSC Code FINO0001557 of Fino Payments Bank for its branch located in Dehradun, within the district of Dehradun in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Fino Payments Bank |
| IFSC Code | FINO0001557 |
| Branch | Selaqui S O |
| City | Dehradun |
| District | Dehradun |
| State | Uttarakhand |
| Address | E 17, Friends Enclave, Vidhan Sabha, Rishikesh Road Behind Defense Colony Near Railway Crossing Dehradun 248012, Uttarakhand |
These details are important not only for users using online banking but also for businesses and individuals who use Fino Payments Bank in Dehradun for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FINO0001557 for the Selaqui S O branch of Fino Payments Bank is vital.
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 Selaqui S O, Dehradun, Uttarakhand, is provided with a unique IFSC like FINO0001557 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Fino Payments Bank branch in Dehradun.
- 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 Dehradun and Dehradun.
- 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 Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Fino Payments Bank in Selaqui S O do not get mixed with another location.
Format of the IFSC Code FINO0001557
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 Selaqui S O in Dehradun.
For example, the IFSC Code FINO0001557 of Fino Payments Bank for the Selaqui S O branch includes these elements, identifying the bank and the branch location in Dehradun and Uttarakhand correctly.
How to Find IFSC Code for Fino Payments Bank?
To find the IFSC Code FINO0001557 of Fino Payments Bank for its Selaqui S O branch located in Dehradun, the following methods can help you out:
Cheque Book
The cheque book issued by Fino Payments Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Fino Payments Bank branches in Dehradun and Dehradun, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Fino Payments Bank and go to the branch locator section. Then search for Selaqui S O or Dehradun to find the exact IFSC Code FINO0001557.
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 maintains an updated database of all IFSC codes. Searching for Fino Payments Bank and Dehradun will provide accurate information.
How to Use IFSC Code FINO0001557 for Online Transfers?
If you have the IFSC Code FINO0001557 for the Selaqui S O branch of Fino Payments Bank in Dehradun, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FINO0001557. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Fino Payments Bank IFSC Code FINO0001557.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Fino Payments Bank Selaqui S O in Dehradun, it may 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 Selaqui S O, 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 Dehradun manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FINO0001557.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is E 17, Friends Enclave, Vidhan Sabha, Rishikesh Road Behind Defense Colony Near Railway Crossing Dehradun 248012, Uttarakhand located in Dehradun, Dehradun, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.