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 Moradabad branch in Moradabad, Moradabad, 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 Moradabad or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code FINO0001568. 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, Moradabad, Moradabad
Here are the main details that are associated with the IFSC Code FINO0001568 of Fino Payments Bank for its branch located in Moradabad, within the district of Moradabad in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Fino Payments Bank |
| IFSC Code | FINO0001568 |
| Branch | Moradabad |
| City | Moradabad |
| District | Moradabad |
| State | Uttar Pradesh |
| Address | Bharat Petroleum Petrol Pump Shri Vasu Filling Station Delhi Rd Lakri Fazalpur Moradabad Uttar Pradesh 244001 |
These details are important not only for users using online banking but also for businesses and individuals who use Fino Payments Bank in Moradabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FINO0001568 for the Moradabad branch of Fino Payments Bank is vital.
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 Moradabad, Moradabad, Uttar Pradesh, is provided a unique IFSC like FINO0001568 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Fino Payments Bank branch in Moradabad.
- 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 Moradabad and Moradabad.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Fino Payments Bank in Moradabad do not get misguided to another person.
Format of the IFSC Code FINO0001568
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 Moradabad in Moradabad.
For example, the IFSC Code FINO0001568 of Fino Payments Bank for the Moradabad branch includes these elements, identifying the bank and the branch location in Moradabad and Uttar Pradesh correctly.
How to Find IFSC Code for Fino Payments Bank?
If you are trying to find the IFSC Code FINO0001568 of Fino Payments Bank for its Moradabad branch located in Moradabad, 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
You can easily find the IFSC and MICR codes because most banks, including Fino Payments Bank branches in Moradabad and Moradabad, print them 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 Moradabad or Moradabad to get the exact IFSC Code FINO0001568.
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 Moradabad, you'll get the correct details.
How to Use IFSC Code FINO0001568 for Online Transfers?
If you have the IFSC Code FINO0001568 for the Moradabad branch of Fino Payments Bank in Moradabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FINO0001568. 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 FINO0001568.
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 Moradabad in Moradabad, it may result in delayed or failed transactions.
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 Moradabad, 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 Moradabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Moradabad Moradabad branch is FINO0001568.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Bharat Petroleum Petrol Pump Shri Vasu Filling Station Delhi Rd Lakri Fazalpur Moradabad Uttar Pradesh 244001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.