Bank IFSC Code Online
All Bank IFSC Code, MICR Code and Branch details. Search with IFSC Code or Branch Location.
Find IFSC Code, MICR code for all Banks in India
The Reserve Bank of India was established in 1935, under the Reserve Bank of India Act, 1934. State Bank of India is the oldest bank started Banking in India. State Bank of India started as Bank of Calcutta in 1806. In 1921 Bank of Bombay and Bank of Madras merged into this and Imperial Bank of India was formed.1955 after independence this bank transformed into State Bank of India.
Banks registered with Reserve Bank of India to do a NEFT or RTGS Transaction are given below. IFSC Codes and MICR Codes are required to do a NEFT of RTGS Transaction from one bank account to another bank account in India.
Find IFSC Code of banks in India
There are Four major divisions in Banks in India. Public Sector banks, Private Sector banks, Co-operative banks and representative branches of foreign banks in India. List of banks operating in India are given below.
Public Sector Banks in India
There are 27 public sector banks operting in India out of which 19 are nationalised banks and 6 are State Bank of India and its associate banks. IDBI Bank and Bharatiya Mahila Bank are also categorised as Public Sector Banks. The list of Public Sector Banks are given below.
Private Sector Banks in India
There are 23 private sector banks operating in India. These banks are commonly called as new generation banks. These banks are operated by various consortium or organizations.
Foreign Banks in India
List of foreign banks which have the permission from Reserve Bank of India for commercial operation are given below.
Co-operative Banks in India
Co-operative banks are usually controlled by a local Co-operative Society. They have the permission to operate on a region. These banks are usually called scheduled banks or sahakari banks.
External Links"Banks in India" - Reserve Bank of India
- "Profile of Banks in 2012-13 from Reserve Bank of India [pdf]"
- "List of Foreign banks in India as on January 31, 2015 from Reserve Bank of India [pdf]"
- "Financial Intermediaries - Regional Rural Banks document from Reserve Bank of India [pdf]"
- "State Co-operative Banks document from Reserve Bank of India [pdf]"
- "List of Scheduled Urban Co-operative Banks document from Reserve Bank of India [pdf]"