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Banking IFSC Codes

All Bank Branches Address IFSC, MICR Codes Data


AIRTEL PAYMENTS BANK LIMITED

  • What is BIC ?

    The BIC or Bank symbol Code (also referred to as the SWIFT address) is a unique address that in payment messages identifies exactly the bank concerned in monetary transactions. once employed in conjunction with the IBAN it identifies the bank at that the account of the beneficiary is command.

  • What is RTN ?

    Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Internation banks Routing Code, Bank Identifier Code (BIC) & SWIFT codes are basically the same.

  • What is Bank BSR Code

    Basic Statistical Return (BSR) Income Tax Department's initiative to receive information and maintain records of tax paid through banks through online upload of challan details is named as OLTAS (Online Tax Accounting System).

Airtel Payments Bank Limited is an Indian payments bank headquartered in New Delhi. The company Indian Airtel is its subsidiary. This company on 11 April 2016, obtained the Payment Bank License from the Reserve Bank of India under Section 22(1) of the Banking Regulation Act, 1949. Airtel Payments Bank is an 80:20 partnership between Indian Airtel and Kotak Mahindra Bank.

Airtel launched Airtel Payments Bank in September 2016. Airtel’s first payments bank started in November 2016 with its pilot project in Rajasthan.
The bank had a capital of ₹3,000 crore ($441 million) at the time of its inception. Airtel Payments Bank reported deposits of ₹ 68.33 crore at the end of the financial year ended March 31, 2017.
In September 2017, Airtel Payments Bank launched UPI enabled digital payments to facilitate secure digital payments.
In July 2019, Airtel Payments Bank partnered with Bharti AXA General Insurance. Airtel Payments Bank and Bharti AXA Life Insurance have started providing the government’s insurance scheme Pradhan Mantri Jeevan Jyoti Bima Yojana in August 2018. In 2019, Airtel Payments Bank started offering Atal Pension Yojana through its platform.

  • Airtel Payments Bank Limited





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  • What is MICR Code?

    The Magnetic Ink Character Recognition Code (MICR) is a numeric code that uniquely identifies a Bank-Branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 500447125

    • First 3 digits represent the city (500447125)
    • Next 3 digits represent the bank (500447125)
    • Last 3 digits represent the branch (500447125)

    The MICR Code assigned to a bank branch is written on the MICR band of cheque leaves issued by bank branches.

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