CITI BANK IFSC CODE
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The IFSC code (Indian Financial System Code) is allocated by the Reserve Bank of India (RBI) to all the banks and their branches. It is an eleven-character alphanumeric code that plays an important role in transferring funds online. With the IFSC code, you can transfer funds through NEFT, RTGS, IMPS and UPI.
Citibank has multiple branches all over the country, and each one of them has its own unique IFSC code. The Citibank IFSC code assists in identifying the origin and destination of a particular bank’s branch during every digital transaction.
CITI Bank IFSC Code Structure
The Citibank IFSC Code is a unique eleven-digit alphanumeric code that represents each branch of Citibank. The first four characters depict the name of the bank ‘CITI’, and it is the same for all the Citibank branches. The fifth character is a zero. The last six characters are numeric and represent the bank branch.
For example, the IFSC code for the Citibank Jayanagar Branch is CITI0000042. Here, CITI denotes the bank name, and 000042 represents the branch code.
How to find CITI Bank IFSC Code?
The Citibank IFSC Code can be found on the chequebook and passbook provided by the bank. It can also be found on Citibank and RBI’s official websites.
FAQs
Where can I find my Citibank IFSC Code?
You can find your IFSC Code on the passbook and cheque book provided by the bank. It can also be found on the official website of RBI.
Is the IFSC Code the same for all Citibank branches?
No, the IFSC Code is a unique 11-digit alphanumeric code that differs from branch to branch.
What are the IMPS charges for Citibank?
IMPS means Immediate Payment Service. You can transfer funds 24*7 through IMPS. The maximum amount that can be transferred is INR 2,00,000. For transactions of up to INR 1,00,000, the customer will be charged INR 5 per transaction. For transactions ranging from INR 1,00,001 to INR 2,00,000, the customer will be charged INR 15 per transaction.
What is the bank code of Citibank?
The bank code for Citibank is the first four characters of the IFSC code. In this case, it is ‘CITI.’
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