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 Medical Collage-Rapti Nagar branch in Medical Collage-Rapt, Gorakhpur, 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 Medical Collage-Rapt or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code FINO0001576. 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, Medical Collage-Rapti Nagar, Medical Collage-Rapt

Here are the key points that are associated with the IFSC Code FINO0001576 of Fino Payments Bank for its branch located in Medical Collage-Rapt, within the district of Gorakhpur in the state of Uttar Pradesh.

Particulars Details
Bank Fino Payments Bank
IFSC Code FINO0001576
Branch Medical Collage-Rapti Nagar
City Medical Collage-Rapt
District Gorakhpur
State Uttar Pradesh
Address Behind Family Bazar 06,Sonauli Road Bargdwa Moharipur Gorakhpur,Pincode -273007

These details are essential not only for online banking users but also for businesses and individuals who use Fino Payments Bank in Medical Collage-Rapt for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001576 for the Medical Collage-Rapti Nagar 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 Medical Collage-Rapti Nagar, Medical Collage-Rapt, Uttar Pradesh, are allotted a unique IFSC like FINO0001576 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Fino Payments Bank in Medical Collage-Rapti Nagar reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code FINO0001576

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Fino Payments Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Medical Collage-Rapti Nagar in Medical Collage-Rapt.

For example, the IFSC Code FINO0001576 of Fino Payments Bank for the Medical Collage-Rapti Nagar branch has these elements, identifying the bank and the branch location in Medical Collage-Rapt and Uttar Pradesh correctly.

How to Find IFSC Code for Fino Payments Bank?

If you are looking for the IFSC Code FINO0001576 of Fino Payments Bank for its Medical Collage-Rapti Nagar branch located in Medical Collage-Rapt, the following methods can help:

Cheque Book

The cheque book that is issued by Fino Payments Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Fino Payments Bank branches in Medical Collage-Rapt and Gorakhpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Fino Payments Bank and look for the branch locator section, then search for Medical Collage-Rapti Nagar or Medical Collage-Rapt to get the exact IFSC Code FINO0001576.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Fino Payments Bank and Medical Collage-Rapt, then it will provide you proper information.

How to Use IFSC Code FINO0001576 for Online Transfers?

Once you have the IFSC Code FINO0001576 for the Medical Collage-Rapti Nagar branch of Fino Payments Bank in Medical Collage-Rapt, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FINO0001576. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 FINO0001576.

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 Medical Collage-Rapti Nagar in Medical Collage-Rapt, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Fino Payments Bank in Medical Collage-Rapti Nagar, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Medical Collage-Rapt manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Fino Payments Bank in Medical Collage-Rapti Nagar, Medical Collage-Rapt?

The IFSC Code is FINO0001576.

Is the IFSC Code FINO0001576 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 Medical Collage-Rapti Nagar?

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 Medical Collage-Rapti Nagar branch?

The address of the branch is Behind Family Bazar 06,Sonauli Road Bargdwa Moharipur Gorakhpur,Pincode -273007 located in Medical Collage-Rapt, Gorakhpur, Uttar Pradesh.

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.