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 Wadkhal branch in Pune, Pune, Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FINO0001193. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Fino Payments Bank, Wadkhal, Pune
Below in the table are the key details related to IFSC Code FINO0001193 of Fino Payments Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Fino Payments Bank |
| IFSC Code | FINO0001193 |
| Branch | Wadkhal |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Shrikrishna Bld,Opp.Bank Of Baroda,Wadkhal,Tal - Pen,Raigad -402107 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Fino Payments Bank in Pune for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001193 for the Wadkhal branch of Fino Payments Bank has 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 Wadkhal, Pune, Maharashtra, are allotted a unique IFSC like FINO0001193 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pune and Pune.
- 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 Wadkhal reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code FINO0001193
The format of the IFSC Code for banks, including Fino Payments Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Fino Payments Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Wadkhal in Pune.
For example, the IFSC Code FINO0001193 of Fino Payments Bank for the Wadkhal branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Fino Payments Bank?
If you are trying to find the IFSC Code FINO0001193 of Fino Payments Bank for its Wadkhal branch located in Pune, 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
Most banks, including Fino Payments Bank branches in Pune and Pune, print the IFSC and MICR codes 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 Wadkhal or Pune to get the exact IFSC Code FINO0001193.
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 Pune, you'll get the correct details.
How to Use IFSC Code FINO0001193 for Online Transfers?
Once you have the IFSC Code FINO0001193 for the Wadkhal branch of Fino Payments Bank in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FINO0001193. Transfers are processed in batches. This is 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. Requires the recipient's account details and Fino Payments Bank IFSC Code FINO0001193.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Fino Payments Bank Wadkhal in Pune 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 Wadkhal, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FINO0001193.
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 Shrikrishna Bld,Opp.Bank Of Baroda,Wadkhal,Tal - Pen,Raigad -402107 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.