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 Vehla Goa S O branch in North Goa, North Goa, Goa, 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 North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code FINO0001551. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Fino Payments Bank, Vehla Goa S O, North Goa
Below in the table are the key details related to IFSC Code FINO0001551 of Fino Payments Bank for its branch located in North Goa, within the district of North Goa in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Fino Payments Bank |
| IFSC Code | FINO0001551 |
| Branch | Vehla Goa S O |
| City | North Goa |
| District | North Goa |
| State | Goa |
| Address | 407,4Th Floor City Centre 1 Patto Plaza, Pajim Goa Behind Panjim Busstand Goa-403001. |
These details help users in online banking and for businesses and individuals who use Fino Payments Bank in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001551 for the Vehla Goa S O branch of Fino Payments Bank has a very 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, including Fino Payments Bank located in Vehla Goa S O, North Goa, Goa, is provided with a unique IFSC like FINO0001551 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Fino Payments Bank branch in North Goa.
- 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 North Goa and North Goa.
- 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 Goa and the rest of India and the IFSC Code ensures that transactions meant for Fino Payments Bank in Vehla Goa S O do not get mixed with another location.
Format of the IFSC Code FINO0001551
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 Vehla Goa S O in North Goa.
For example, the IFSC Code FINO0001551 of Fino Payments Bank for the Vehla Goa S O branch has these elements, identifying the bank and the branch location in North Goa and Goa correctly.
How to Find IFSC Code for Fino Payments Bank?
If you are looking for the IFSC Code FINO0001551 of Fino Payments Bank for its Vehla Goa S O branch located in North Goa, 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 North Goa and North Goa, 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 Vehla Goa S O or North Goa to get the exact IFSC Code FINO0001551.
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 North Goa, then it will provide you proper information.
How to Use IFSC Code FINO0001551 for Online Transfers?
Once you have the IFSC Code FINO0001551 for the Vehla Goa S O branch of Fino Payments Bank in North Goa, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FINO0001551. 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 FINO0001551.
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 Vehla Goa S O in North Goa, it can 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 Vehla Goa S O, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in North Goa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FINO0001551.
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 407,4Th Floor City Centre 1 Patto Plaza, Pajim Goa Behind Panjim Busstand Goa-403001. located in North Goa, North Goa, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.