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 Siwan branch in Siwan, Siwan, Bihar, 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 Siwan or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code FINO0001347. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Fino Payments Bank, Siwan, Siwan

Below in the table are the key details related to IFSC Code FINO0001347 of Fino Payments Bank for its branch located in Siwan, within the district of Siwan in the state of Bihar.

Particulars Details
Bank Fino Payments Bank
IFSC Code FINO0001347
Branch Siwan
City Siwan
District Siwan
State Bihar
Address Near State Bank Of India Atm,Babuniya Road,Siwan,Bihar-841226

These details help users in online banking and for businesses and individuals who use Fino Payments Bank in Siwan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001347 for the Siwan 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, along with Fino Payments Bank located in Siwan, Siwan, Bihar, are given a unique IFSC like FINO0001347 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Siwan.
  • 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 Siwan and Siwan.
  • 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 Siwan goes to the correct branch. This is important because Fino Payments Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FINO0001347

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Fino Payments Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Siwan in Siwan.

For example, the IFSC Code FINO0001347 of Fino Payments Bank for the Siwan branch includes these elements, identifying the bank and the branch location in Siwan and Bihar accurately.

How to Find IFSC Code for Fino Payments Bank?

If you are trying to find the IFSC Code FINO0001347 of Fino Payments Bank for its Siwan branch located in Siwan, the following methods can help:

Cheque Book

The cheque books that are issued by Fino Payments Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Fino Payments Bank branches in Siwan and Siwan, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Fino Payments Bank and find the branch locator section. Search for Siwan or Siwan to get the exact IFSC Code FINO0001347.

Mobile Banking App

If you use Fino Payments Bank's mobile app, you can easily 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 to help you in searching for Fino Payments Bank and Siwan that will provide accurate information.

How to Use IFSC Code FINO0001347 for Online Transfers?

Once you have the IFSC Code FINO0001347 for the Siwan branch of Fino Payments Bank in Siwan, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FINO0001347. 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 FINO0001347.

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 Siwan in Siwan, 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 Siwan, 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 Siwan to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Fino Payments Bank in Siwan, Siwan?

The IFSC Code is FINO0001347.

Is the IFSC Code FINO0001347 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Fino Payments Bank Siwan?

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

What is the full address of the Siwan branch?

The address of the branch is Near State Bank Of India Atm,Babuniya Road,Siwan,Bihar-841226 located in Siwan, Siwan, Bihar.

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.