India Post Payments Bank IFSC Code: A Complete Guide
21 February 2025 · Sachin Gadekar
India Post Payments Bank (IPPB) is a government-backed financial institution that provides banking and digital payment services across India, especially in rural areas. Whether you're transferring money via NEFT, RTGS, or IMPS, you need an IFSC code to complete the transaction. At TapBonds.com, we provide insights into finance, investments, bonds, and IPOs to help investors make informed decisions. In this guide, we will explain what the India Post Payments Bank IFSC code is, how to find it, and how to use it for transactions.
What is an IFSC Code?
IFSC (Indian Financial System Code) is an 11-digit alphanumeric code assigned by the Reserve Bank of India (RBI) to identify individual bank branches. It is essential for electronic payments, online fund transfers, and interbank transactions.
India Post Payments Bank IFSC Code
The universal IFSC code for India Post Payments Bank (IPPB) is:
👉 IPOS0000001
This IFSC code is used for transactions through NEFT, RTGS, and IMPS for all IPPB branches across India.
You can verify this code on Groww, Razorpay, or ClearTax.
How to Use the IPPB IFSC Code for Transactions?
You need the India Post Payments Bank IFSC code for the following transactions:
1. NEFT (National Electronic Funds Transfer)
Processing Time: Within a few hours (business hours only)
Minimum Amount: No limit
How to Use: Enter IPPB IFSC code, account number, and recipient details in your banking app or net banking portal.
2. RTGS (Real-Time Gross Settlement)
Processing Time: Instant (for large-value transactions above ₹2 lakh)
Minimum Amount: ₹2,00,000
How to Use: Add beneficiary details along with IPOS0000001 IFSC code and initiate the transfer.
3. IMPS (Immediate Payment Service)
Processing Time: Instant, available 24x7
Minimum Amount: No limit
How to Use: Enter the IPPB IFSC code, recipient’s mobile number, and MMID (Mobile Money Identifier) for fund transfer.
How to Find Your IPPB Branch’s IFSC Code?
Even though IPPB has a single IFSC code (IPOS0000001), you can verify it using:
✅ Bank Statement or Passbook – The IFSC code is printed on your bank documents.
✅ IPPB Official Website – Check the official India Post Payments Bank website.
✅ Online IFSC Code Directories – Use platforms like Groww and ClearTax.
Why is the IFSC Code Important?
✔️ Essential for Online Fund Transfers – Without the correct IFSC code, your transaction may fail.
✔️ Helps Identify the Bank and Branch – Ensures that money is sent to the correct account.
✔️ Prevents Fraud – Secure transactions with verified banking details.
Final Thoughts:
India Post Payments Bank (IPPB) simplifies digital banking, and knowing its IFSC code (IPOS0000001) is crucial for seamless online transactions. Whether you are using NEFT, RTGS, or IMPS, ensuring the correct IFSC code is used avoids transaction failures and delays.
At TapBonds.com, we provide financial insights, investment opportunities, and guides on bonds, IPOs, and banking. Stay updated with us for more financial tips!
FAQs On IFSC Code
1. What is the IFSC code for India Post Payments Bank?
The universal IPPB IFSC code is IPOS0000001, used for all electronic transactions.
2. Can I use the same IFSC code for all IPPB branches?
Yes, IPPB uses a single IFSC code for transactions across India.
3. How can I transfer money to an IPPB account?
You can use NEFT, RTGS, or IMPS with the IPPB IFSC code to send funds.
4. Where can I find my IPPB IFSC code?
You can check your bank statement, passbook, or visit online platforms like Groww, Razorpay, or ClearTax.
5. Can I use IPPB IFSC code for UPI transactions?
No, UPI transactions do not require an IFSC code but use a VPA (Virtual Payment Address) instead.