The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Fino Payments Bank for its Auto Nagar branch in Vijaywada, Shahdol, Andhra Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Fino Payments Bank located in Vijaywada or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code FINO0001112. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Fino Payments Bank, Auto Nagar, Vijaywada

Below in the table are the key details related to IFSC Code FINO0001112 of Fino Payments Bank for its branch located in Vijaywada, within the district of Shahdol in the state of Andhra Pradesh.

Particulars Details
Bank Fino Payments Bank
IFSC Code FINO0001112
Branch Auto Nagar
City Vijaywada
District Shahdol
State Andhra Pradesh
Address D.No.66-1-1A,Plot No 32C/396,Ward No 27A,Sivalayam Street,Ntr Circle,Patamata,Krishna Dist.Vijaywada,Ap -520010

These details helps users in online banking and for businesses and individuals who use Fino Payments Bank in Vijaywada for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FINO0001112 for the Auto Nagar branch of Fino Payments Bank plays a vital role.

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 Auto Nagar, Vijaywada, Andhra Pradesh, is provided a unique IFSC like FINO0001112 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Fino Payments Bank branch in Vijaywada.
  • 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 Vijaywada and Shahdol.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Fino Payments Bank in Auto Nagar do not get misguided to another person.

Format of the IFSC Code FINO0001112

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): 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 Auto Nagar in Vijaywada.

For example, the IFSC Code FINO0001112 of Fino Payments Bank for the Auto Nagar branch includes these elements, identifying the bank and the branch location in Vijaywada and Andhra Pradesh accurately.

How to Find IFSC Code for Fino Payments Bank?

If you are trying to find the IFSC Code FINO0001112 of Fino Payments Bank for its Auto Nagar branch located in Vijaywada, 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 Vijaywada and Shahdol, 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 Auto Nagar or Vijaywada to get the exact IFSC Code FINO0001112.

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 Vijaywada, you'll get the correct details.

How to Use IFSC Code FINO0001112 for Online Transfers?

If you have the IFSC Code FINO0001112 for the Auto Nagar branch of Fino Payments Bank in Vijaywada, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FINO0001112. 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 FINO0001112.

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 Auto Nagar in Vijaywada, it 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 Auto Nagar, 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 Vijaywada manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Fino Payments Bank in Auto Nagar, Vijaywada?

The IFSC Code is FINO0001112.

Is the IFSC Code FINO0001112 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 Auto 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 Auto Nagar branch?

The address of the branch is D.No.66-1-1A,Plot No 32C/396,Ward No 27A,Sivalayam Street,Ntr Circle,Patamata,Krishna Dist.Vijaywada,Ap -520010 located in Vijaywada, Shahdol, Andhra 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.