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ANSARI ROAD    1 Branches
ASAF ALI ROAD    1 Branches
AZADPUR    1 Branches
BAKHTAWARPUR    1 Branches
BANK STREET    1 Branches
BAWANA    1 Branches
BUDHPUR BRANCH    1 Branches
CGO COMPLEX    1 Branches
CHANDNI CHOWK    1 Branches
CHHATARPUR    1 Branches
CHITTARANJAN PARK    1 Branches
CONNAUGHT CIRCUS    1 Branches
DABRI PALAM ROAD    1 Branches
DELHI CANTT    1 Branches
DEOLI KHANPUR    1 Branches
DILSHAD GARDEN    1 Branches
DWARKA    1 Branches
DWARKA SECTOR 7    1 Branches
EAST OF KAILASH    1 Branches
GOVINDPURI    1 Branches
HAMDARD DAWAKHANA    1 Branches
HAUZ KHAS CP BANKING    1 Branches
JAMIA MILLIA ISLAMIA    1 Branches
JANAKPURI    1 Branches
JANPATH    1 Branches
JESUS MARY COLLEGE    1 Branches
KAMLA NAGAR    1 Branches
KAPASHERA    1 Branches
KAROL BAGH    1 Branches
KESHOPUR VILLAGE    1 Branches
KHAMPUR    1 Branches
KIRARI SULEMAN NAGAR    1 Branches
KIRTI NAGAR    1 Branches
LAJPAT NAGAR    1 Branches
MAHIPALPUR    1 Branches
MALVIYA NAGAR    1 Branches
MANDIR MARG    1 Branches
MAYUR VIHAR    1 Branches
MEERA BAGH    1 Branches
MUKHERJEE NAGAR    1 Branches
NAJAFGARH    1 Branches
NARELA    1 Branches
NEHRU PLACE    1 Branches
NEW DELHI MCB    1 Branches
NEW DELHI NRI    1 Branches
NEW DELHI OVERSEAS    1 Branches
NEW DELHI SERVICE    1 Branches
NEW DELHI SME    1 Branches
NEW FRIENDS COLONY    1 Branches
PAHARGANJ    1 Branches
PANCHSHEEL    1 Branches
PARLIAMENT STREET    1 Branches
PATPARGANJ    1 Branches
PITAMPURA    1 Branches
PRASANT VIHAR    1 Branches
PUNJABI BAGH    1 Branches
RAJINDRA PLACE    1 Branches
RAJOURI GARDEN    1 Branches
RAM VIHAR    1 Branches
ROHINI CP    1 Branches
ROHINI SECTOR-24    1 Branches
SAFDARJUNG ENCLAVE    1 Branches
SAKET CP    1 Branches
SANGAM VIHAR    1 Branches
SHAHADRA    1 Branches
SHALIMAR BAGH    1 Branches
SOUTH EXTENSION    1 Branches
SULTANPUR    1 Branches
TILAK NAGAR    1 Branches
VASANT VIHAR    1 Branches
VIKASPURI    1 Branches
VISHNU GARDEN    1 Branches
WEST PATEL NAGAR    1 Branches

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Rate Date : 16/05/24

We found 92 Branches available for BANK OF INDIA, DELHI, NEW DELHI

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.