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 Dunetha B O branch in Diu, Diu, Daman And Diu, 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 Diu or anywhere in Daman And Diu can easily transfer funds instantly by using the correct IFSC Code FINO0001550. 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, Dunetha B O, Diu

Here are the key points that are associated with the IFSC Code FINO0001550 of Fino Payments Bank for its branch located in Diu, within the district of Diu in the state of Daman And Diu.

Particulars Details
Bank Fino Payments Bank
IFSC Code FINO0001550
Branch Dunetha B O
City Diu
District Diu
State Daman And Diu
Address Ashapura Mobile And General Store Shop No 3 Oppo Patelbar O I D C, Dabhel Daman Chhailsingh Deora 362520

These details are essential not only for online banking users but also for businesses and individuals who use Fino Payments Bank in Diu for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001550 for the Dunetha B O branch of Fino Payments Bank plays 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, along with Fino Payments Bank located in Dunetha B O, Diu, Daman And Diu, are given a unique IFSC like FINO0001550 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Diu.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Diu and Diu.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Fino Payments Bank in Dunetha B O goes to the correct branch. This is important because Fino Payments Bank has thousands of branches in Daman And Diu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FINO0001550

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 Dunetha B O in Diu.

For example, the IFSC Code FINO0001550 of Fino Payments Bank for the Dunetha B O branch includes these elements, identifying the bank and the branch location in Diu and Daman And Diu correctly.

How to Find IFSC Code for Fino Payments Bank?

To find the IFSC Code FINO0001550 of Fino Payments Bank for its Dunetha B O branch located in Diu, 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 Diu and Diu, 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 Dunetha B O or Diu to find the exact IFSC Code FINO0001550.

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 Diu will provide accurate information.

How to Use IFSC Code FINO0001550 for Online Transfers?

Once you have the IFSC Code FINO0001550 for the Dunetha B O branch of Fino Payments Bank in Diu, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FINO0001550. 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 FINO0001550.

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 Dunetha B O in Diu, your payment can get delayed or might not go through at all.

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 Dunetha B O, 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 Diu manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Fino Payments Bank in Dunetha B O, Diu?

The IFSC Code is FINO0001550.

Is the IFSC Code FINO0001550 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Fino Payments Bank Dunetha B O?

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

What is the full address of the Dunetha B O branch?

The address of the branch is Ashapura Mobile And General Store Shop No 3 Oppo Patelbar O I D C, Dabhel Daman Chhailsingh Deora 362520 located in Diu, Diu, Daman And Diu.

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.