IFSC Code FINO0001556 - Fino Payments Bank Madurai Office
NO 337 PSM NAGAR MELAKKAL MAIN ROAD KOCHADAI
Quick Info
IFSC: FINO0001556
District: MADURAI
Status: Active
About Fino Payments Bank Madurai Office
IFSC Code FINO0001556 belongs to Fino Payments Bank Madurai Office branch located in Kochadai, Madurai, Tamil Nadu. This branch serves customers in Kochadai, Madurai, Tamil Nadu and surrounding areas.
Understanding IFSC Code FINO0001556
The IFSC (Indian Financial System Code) FINO0001556 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (FINO): Bank code identifying Fino Payments Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (001556): Unique branch identifier for Madurai Office
Electronic Fund Transfer Services
IFSC Code FINO0001556 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Fino Payments Bank Madurai Office branch is located at NO 337 PSM NAGAR MELAKKAL MAIN ROAD KOCHADAI in Kochadai, Madurai, Tamil Nadu. This location serves customers in Kochadai, Madurai, Tamil Nadu and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code FINO0001556 to ensure the transaction is routed correctly.
How to Use IFSC Code FINO0001556
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: FINO0001556 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Fino Payments Bank Branches
If you're looking for other Fino Payments Bank branches in Kochadai, Madurai, Tamil Nadu or nearby areas, use our Fino Payments Bank branch finder. You can search by city, district, or state to find all Fino Payments Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | FINO0001556 |
| Bank Name: | Fino Payments Bank |
| Branch Name: | Madurai Office |
| Address: | NO 337 PSM NAGAR MELAKKAL MAIN ROAD KOCHADAI |
| City: | Kochadai |
| District: | Madurai |
| State: | Tamil Nadu |
Payment Services Available
Fino Payments Bank Madurai Office Branch IFSC Code FINO0001556 — Complete Banking Guide for Kochadai, Tamil Nadu
IFSC code FINO0001556 belongs to the Madurai Office branch of Fino Payments Bank in Kochadai, Madurai district, Tamil Nadu. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC FINO0001556 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Fino Payments Bank, Madurai Office Branch
The Madurai Office branch of Fino Payments Bank in Kochadai, Tamil Nadu serves retail and corporate customers in Madurai district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC FINO0001556 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC FINO0001556
Four primary digital payment rails use IFSC FINO0001556 for transfers to Fino Payments Bank, Madurai Office: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC FINO0001556 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Madurai Office branch of Fino Payments Bank in Kochadai carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC FINO0001556 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC FINO0001556 Before Transferring
Before initiating any high-value transfer to IFSC FINO0001556, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Fino Payments Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Fino Payments Bank Madurai Office, Kochadai IFSC
What is the IFSC of Fino Payments Bank Madurai Office in Kochadai?
The IFSC of Fino Payments Bank, Madurai Office branch in Kochadai, Tamil Nadu is FINO0001556. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC FINO0001556?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC FINO0001556 to route funds to Fino Payments Bank, Madurai Office, Kochadai.
Who assigns IFSC codes like FINO0001556?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Fino Payments Bank applied for the IFSC for its Madurai Office branch in Kochadai, and RBI issued FINO0001556 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC FINO0001556 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC FINO0001556 at Fino Payments Bank, Madurai Office, Kochadai. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC FINO0001556.
About IFSC Code FINO0001556
IFSC Code FINO0001556 belongs to Fino Payments Bank branch Madurai Office located in Kochadai, Madurai, Tamil Nadu.
Branch Information
- IFSC Code: FINO0001556
- Bank: Fino Payments Bank
- Branch: Madurai Office
- Address: NO 337 PSM NAGAR MELAKKAL MAIN ROAD KOCHADAI
- City: Kochadai
- District: Madurai
- State: Tamil Nadu
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available