Following are the IFSC Code Details of Gardhiwal Branch Capital Small Finance Bank Limited Hoshiarpur CLBL0000044

Which Bank IFSC Code is CLBL0000044?

IFSC Code CLBL0000044 belongs to Branch Name: Capital Local Area Bank,Gardhiwal of Capital Small Finance Bank Limited located at Dasuya Road,Gardhiwal – 144207,District Hoshiarpur

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Capital Small Finance Bank Limited:

Capital Small Finance Bank Limited (CSB) is a prominent player in India’s small finance bank (SFB) landscape, dedicated to providing financial services to underbanked and underserved segments of the population. Established in 2016, CSB has carved a niche for itself with its emphasis on rural and semi-urban regions, small borrowers, and innovative financial solutions.

Here are some of the key features of Capital Small Finance Bank Limited:

• Headquarters: Jalandhar, Punjab
• CEO: R. K. Bansal
• Branches: Over 850 branches across India (as of March 31, 2023)
• Customer Base: Over 8.97 lakh accounts (as of March 31, 2023)
• Focus: Rural and semi-urban regions, small borrowers (67.80% of total advances are up to Rs. 25 lacs as of March 31, 2023)