Has IFSC code of Allahabad Bank changed after merger?

You can find the Allahabad Bank IFSC code either online or offline. There are several websites including CreditMantri give the IFSC code for an Allahabad Bank branch you are searching for. Usually there is a list of Allahabad Bank IFSC Code available based on the bank branches. The process is simple, and you can follow the steps given below

Table of Contents Show

Allahabad Bank: IFSC code
What is the new IFSC code for Allahabad Bank?
Can I transfer money in Allahabad Bank with Old IFSC code?
Does IFSC code change after merger?
What is Allahabad Bank called now?

Step 1: Visit CreditMantri Website and go to IFSC code page

Step 2: Select the state, district and branch

Step 3: You will now find the IFSC Code, MICR code, branch address and contact number

The Allahabad Bank IFSC code is also printed on cheques issued by the Allahabad Bank branch. In case you do not have access to internet, you can also call the Allahabad Bank customer care and ask for the IFSC code of a particular branch or walk in to any nearest Allahabad Bank branch and ask for the details.

In the wake of the recent mergers of banks in the public sector, many account holders will need to do away with their old Indian Financial System Codes (IFSC). The old IFSC codes will no longer be valid for the use of online banking, as per a report by Gadgets Now. The banks involved in these mergers in the public sector are Syndicate Bank, Allahabad Bank, Dena Bank, United Bank of India, Vijaya Bank, the Oriental Bank of Commerce, Andhra Bank and Corporation Bank, added the report.

Account-holders in these banks would need to change their old IFSC codes as per the new post-merger bank regulations in order to access any online banking transaction facilities. In the event that accounts holders are looking to make a bank transfer online, from or to the mentioned banks, then they will need to delete the beneficiaries from the list of payees from relevant the online banking web portal.

Through the portal, account holders can then register for the new IFSC codes, to which the details have to be added again. The list of payees then needs to be re-listed and registered under these new conditions. This is done by adding their names, account numbers, contact details and bank details, which includes the new IFSC codes. Pending the registration, only after that will account holders of the newly merged banks be able to transfer money online through net banking facilities.

It is also worth noting that if any standing instructions or scheduled payments exist, then those have to be deleted first and then re-added to achieve the proper results.

Allahabad Bank: IFSC code

The Indian Financial System Code (or IFSC) is an 11-digit alpha-numeric code assigned by the Reserve Bank of India to identify every bank branch participating in the payment system uniquely. This code is used by electronic payment system applications such as RTGS, and NEFT. It is mandatory for fund transfers from one bank account to another. Every bank branch will have a unique code and no two branches (even of the same bank) will ever be the same.

In Allahabad Bank's 11-digit IFSC code, the first four letters will be 'ALLA', and the last 6 digits will represent a specific branch code. For example, the IFSC code of the Allahabad Bank branch on Rajlok, 24 Nehru Place, New Delhi 110019, is ALLA0210615. Here, 210615 is the branch code.

According to the bank's annual report for the financial year 2016-17, the bank had a total of 1,214 ATMs as on March 31, 2017 and 3,246 branches.

RTGS timings and charges

NEFT timings and charges

What is the new IFSC code for Allahabad Bank?

For example, the IFSC code of the Allahabad Bank branch on Rajlok, 24 Nehru Place, New Delhi 110019, is ALLA0210615. Here, 210615 is the branch code.

Can I transfer money in Allahabad Bank with Old IFSC code?

Money can be transferred from one Allahabad Bank account to another or to other bank branches as well using Allahabad Bank IFSC Code.

Does IFSC code change after merger?

Sometimes, banks undergo internal restructuring or get merged/acquired due to which the account numbers and IFSC can change. In such cases, you'll have to update the same at our end. You can update the account number or IFSC change by following the online 'primary bank account change' process explained here .