It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Immediate Payment Service Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Immediate Payment Service branch is the cheque book. All banks will print the Immediate Payment Service on the cheque books. Also, your account pass book should have the Immediate Payment Service branch printed.
The address of Immediate Payment Service branch is Transaction banking deptt.,22,ground floor, sorabji house, hutatma chowk, fort 400023., which is located in Greater Bombay District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Central Bank Immediate Payment Service is also provided.
Immediate Payment Service has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Central Bank Immediate Payment Service branch, fund transfer between these banks is also possible.
*The Bank Branch information information presented above is for reference only. Please verify Bank Branch details before initiating any transfer or operation!