NSDL PAYMENTS BANK LIMITED IFSC CODE Quick Search

IFSC Code

MICR Code

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Address
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What is NSDL Payments Bank Limited ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

NSDL Payments Bank Limited ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

NSDL Payments Bank Limited ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

NSDL Payments Bank Limited ifsc code : NSPB0000001 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : NSPB for Bank : NSDL Payments Bank Limited

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 000001 for Bank Branch LOWER PAREL

Anatomy of a Cheque

NSDL Payments Bank Limited ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for nsdl payments bank limited

MICR code for nsdl payments bank limited represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for nsdl payments bank limited on Cheque:

MICR Code for nsdl payments bank limited can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for nsdl payments bank limited :

MICR Code for nsdl payments bank limited is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for NSDL Payments Bank Limited : is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : NA for City : MUMBAI

Middle 3 digits reprents Bank Code: NA for Bank : NSDL Payments Bank Limited

Last 3 digits represents Branch Code : NA for Bank Branch LOWER PAREL

NSDL PAYMENTS BANK LIMITED All State IFSC Code List

nsdl payments bank limited maharashtra ifsc code

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