Bank Requirement - India

Correctly using the IFSC Code along with the bank account number is crucial for any form of electronic money transfer to India, ensuring that your funds reach the intended recipient without any hassles.

IFSC Code

  • Purpose: Indian Financial System Code. You can usually see on your bank's cheque leaves, or other bank sponsored material.

  • Format: 11 digit code (combination of numbers and characters)

Bank Account Number

  • Purpose: It acts as an identifier for your account, indicating the source or destination of the funds.

  • Format: This number is normally 9 digits long but may be up to 17 with zeroes.

Correctly using the IFSC Code along with the bank account number is crucial for any form of electronic money transfer to India, ensuring that your funds reach the intended recipient without any hassles.

Was this article helpful?
Browse related articles
Scheduled transfers: Important restrictions
Transaction limits for scheduled transfers
Cancelling scheduled transfers
Viewing and Tracking Your Scheduled Transfers
Funding Your Scheduled Transfer