State wise list of Exim Bank IFSC code, MICR code and addresses of all branches in India
or Choose State from list below
Exim Bank’s NEFT and RTGS services can be used to send money securely and quickly within the country. The IFSC code is necessary to initiate a wireless money transfer using the NEFT or RTGS services, which guarantee a quick and secure method of money transfer.
The IFSC code is a unique 11 character code that is assigned to every bank branch that is part of the NEFT money transfer network. An IFSC code follows a set format of bank name, the number “0” and the branch code. For example, the Exim Bank IFSC code for the Service center branch located in Mumbai, Maharashtra is EIBI00000SC, where “EIBI” stands for Exim Bank, “0” is the fifth character and “0000SC” is the branch code.
Locating the IFSC code can be done both offline or online.
Those looking offline can find the code printed on the first page of bank passbooks issued at the branch. The code can also be found on the cheque leaves issued by the particular branch.
Online, the code can be found on the bank’s website.
Another way to look for the code online is through BankBazaar, which has the IFSC and MICR codes of all bank branches part of the NEFT network.
On visiting the BankBazaar homepage, click on the “Bank IFSC Code” tab, whereupon a new page will appear. Select the bank name, the state, district and the branch name from the drop down menus.
The IFSC code for the branch will be displayed on screen.
The Exim Bank’s NEFT and RTGS services can be used to transfer sums of money using a fast and secure means to any bank account in the country. As process is online, the transfer can be initiated wherever the individual is.
National Electronic Fund Transfer (NEFT):
The NEFT is an online fund transfer service that was initiated by the Reserve Bank of India to enable online transfer of funds using a quick and easily accessible service.
The NEFT service by Exim Bank is available during banking hours on all days except bank holidays. The transfer requests would be settled in hourly batches. Transfer requests received after banking hours or those received on holidays would be settled on the following working day.
Real Time Gross Settlement (RTGS):
The RTGS service is another method to send funds electronically in the country. The service is the fastest means of transferring money and is available during banking hours as specified by the bank.
Transfer requests made using this service are settled on a gross basis, which means the money is transferred immediately on receipt of the transfer request.
NEFT and RTGS Transaction Limits:
The amount that can be transferred using the NEFT and RTGS are mentioned below:
Transaction Type | Minimum amount | Maximum amount |
NEFT | No limit | No limit |
RTGS | Rs. 2 lakh | No limit |
Exim Bank, or the Export Import Bank of India, is a publicly held financial institution that promotes export and foreign investment in India. Established in 1982, the bank is headquartered in Mumbai and offers products such as corporate finance and export services to firms. It also extends lines of credit and provides value added services to promote investment.
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