IFSC code is an 11-digit alphanumeric code used for online fund transfers. It is used by the Reserve Bank of India (RBI) to identify the bank branch from which a fund transfer is being made. In India, it is a mandatory requirement to provide IFSC code for money transfer through NEFT, RTGS, and IMPS. Airtel Payment Bank is the first payments bank in India and it is offering a range of services, such as savings accounts, deposits, payments, transfers, and more. In this article, we will discuss the IFSC code of Airtel Payment Bank.
What is IFSC Code?
IFSC code stands for Indian Financial System Code and it is a unique 11-digit code used for online fund transfers. This code is used by the Reserve Bank of India (RBI) to identify the bank branch from which a fund transfer is being made. IFSC code is mandatory for money transfer through NEFT, RTGS, and IMPS. The code is made up of 11 characters, which are alphanumeric. The first four characters of the IFSC code represent the bank name, the fifth character is zero, and the last six characters represent the branch code.
IFSC Code of Airtel Payment Bank
Airtel Payment Bank is the first payments bank in India and it is offering a range of services, such as savings accounts, deposits, payments, transfers, and more. The IFSC code for Airtel Payment Bank is AIRTP0000001. This code is used for money transfers to and from Airtel Payment Bank. The first four characters of the code, i.e. AIRT, represent the bank name, the fifth character is zero, and the last six characters, i.e. 000001, represent the branch code.
IFSC code is an important and mandatory requirement for online fund transfers in India. Airtel Payment Bank is the first payments bank in India and it has its own IFSC code, which is AIRTP0000001. This code is used for money transfers to and from Airtel Payment Bank. By using this code, you can easily transfer funds to and from Airtel Payment Bank.
Airtel Payment Bank, India’s first Payment Bank initiated by Bharti Airtel, brings an array of financial services to the customers. It provides services to its customers at low costs, with wide range of options such as opening of bank accounts and digital wallet.
IFSC code is an 11-digit alphanumeric code which is used for processing various transactions initiated by the customers. To avail the services of Airtel Payment Bank, customers need to have their IFSC code every time when making any transaction. Airtel Payment Bank provides banking services through IFSC code of RBI allotted.
IFSC code of Airtel Payment Bank is distributed across each banking service region. Therefore, customers can access these services at national level through different Airtel Payment Bank IFSC codes. For example, BHARATPY is the IFSC code of Pune branch which is an RBI allocated Code. These codes enable customers to make or receive payments without any hassle.
Airtel Payment Bank is also providing Net Banking facilities to its customers. These customers can easily make online payments using their Airtel Payment Bank debit cards. All they need to do is to choose the IFSC code from the bank’s website, fill up the required details, and submit it. Then, the customer would be connected to the bank’s account. After the KYC submission, the customer would be able to access the banking services conveniently.
Overall, the IFSC code of Airtel Payment Bank is an important tool for customers who use the bank for their banking needs. It enables customers to avail various banking services such as international and local payments, credit/debit cards, and money transfer. In addition, customers can also withdraw cash from the bank’s ATMs, deposit cash, and transfer funds to other bank accounts. The IFSC code of Airtel Payment Bank will ensure a hassle-free banking experience to the customers.