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Allahabad Bank IFSC Code

The IFSC code is an 11-digit alpha-numeric code for banking institutions that facilitate money transfers. The Allahabad IFSC code can be found on the cheque book and passbook issued by the bank. You can also use any search engine to find out the same information.

There are three parts to this 11-digit key. For example, Allahabad Bank IFSC code of the Chandigarh branch is ALLA0212709. The bank's name is represented by the first four letters of the code 'ALLA,' the fifth digit is 'zero’, and the last six numbers, '212709,' are used to identify the branch. The Allahabad IFSC code is required for online transactions using NEFT, IMPS, or RTGS. It also reduces the possibility of occurrence of any kind of error while transferring the funds.

About Allahabad Bank

Allahabad Bank was established on April 24, 1865. Its head office is in Kolkata, West Bengal. Since 1865, the bank which is also known as India's oldest nationalised bank has provided a wide range of banking services to its valued customers. Their consistent track record of profit growth assures you that you'll be able to meet all of your banking needs.

It offers its customers a wide range of financial services, including fixed deposits, recurring deposits, loans, PPF accounts, lockers, and more. It also provides several government-sponsored programs, including the Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Yojana, Bima Yojana, among others.

How to Find the Allahabad Bank IFSC Code and MICR Code Online

To get the Allahabad Bank IFSC code and MICR code, you are required to visit the official website and provide your branch details. Additionally, you may also use third-party search engines to know the same.

How to Find Allahabad Bank IFSC Code and MICR Code Offline

You may get information about your Allahabad Bank IFSC code and MICR code through the passbook and cheque book. The details are mentioned on the very first page of both documents.

How to Transfer Money via Allahabad Bank through NEFT?

The National Electronic Funds Transfer is abbreviated as NEFT. It is one of the most efficient ways of transferring money. There is no minimum or maximum limit for transferring the money.

Here are the steps to take in order to accomplish this.

  • Step 1: To begin, log in to your Allahabad Bank net banking account.

  • Step 2: Navigate to the 'Fund Transfer' tab.

  • Step 3: Next, you must add the individual as a beneficiary.

  • Step 4: To add a beneficiary, you must provide information about the person to whom you want to transfer money, such as their name, bank details, and Allahabad IFSC code.

  • Step 5: After providing all of the necessary information, you can transfer the funds.

Every NEFT transaction has its charges. Here are the details about the same.

Amount

Service charge (At branch)

Service charge (Through internet banking)

Less than Rs. 1,000

Rs. 2.5

N/A

Between Rs. 1,000 to Rs. 10,000

Rs. 2.5

Rs. 2

Between Rs. 10,000 to Rs. 1,00,000

Rs. 5

Rs. 4

Between Rs. 1,00,000 to Rs. 2,00,000

Rs. 15

Rs. 12

More than Rs. 2,00,000

Rs. 25

Rs. 22

*Fees and charges are subject to the bank’s discretion.

How to Transfer Money via Allahabad Bank through RTGS

RTGS stands for Real-Time Gross Settlement. It is one of the quickest ways to transfer a large sum of money. This mode is used to do transactions of a minimum of Rs. 2 Lakhs.

Here are the steps to implement this.

  • Step 1: To initiate, log in to your Allahabad Bank net banking account.

  • Step 2: Next, pick the 'Fund Transfer' option from the tab.

  • Step 3: The individual to whom you wish to transfer money must be added as a beneficiary.

  • Step 4: To add the person as a beneficiary, you have to provide information such as their name, bank account information, and Allahabad IFSC code.

  • Step 5: Once you have provided all the required information, you can transfer the funds.

The charges for RTGS transactions are based upon timings. Here are the details.

Amount

8.00 AM to 3.30 PM

3.30 PM TO 4.30 PM

Between Rs. 2 Lakhs to Rs. 5 Lakhs

Rs. 25

Rs. 30

More than Rs. 5 Lakhs

Rs. 50

Rs. 55

*Fees and charges are subject to the bank’s discretion.

How to Transfer Money via Allahabad Bank through IMPS

Immediate Payment Service (IMPS) is one of the most convenient, secure, and straightforward methods of money transfer. This mode allows you to conduct transactions 24/7.

 

Following are the steps to do a successful transaction.

  • Step 1: First, you are required to log in to your Allahabad Bank net banking account.

  • Step 2: Afterwards, navigate to the 'Fund Transfer' tab.

  • Step 3: Next, you should add the individual as a beneficiary.

  • Step 4: You will be asked to provide information about the person to whom you want to transfer money, such as their name, bank details, and Allahabad IFSC code, to add them as a beneficiary.

  • Step 5: Lastly, after providing all of the mandated information, you can move the money.

Each IMPS transaction has its own charges. Here are the details about the same.

Amount

Service charge (At branch)

Service charge (Through internet banking)

Less than Rs. 1,000

N/A

N/A

Between Rs. 1,001 to Rs. 10,000

Rs. 2.5

Rs. 2

Between Rs. 10,001 to Rs. 25,000

Rs. 5

Rs. 4

Between Rs. 25,001 to Rs. 1,00,000

Rs. 5

Rs. 5

Between Rs. 100001 to Rs. 2,00,000

Rs. 15

Rs. 12

*Fees and charges are subject to the bank’s discretion.

Information Required for Transferring Funds with Allahabad Bank

Here are the several details necessary to transfer money with Allahabad Bank.

  • Account details of the beneficiary

  • Amount details

  • Beneficiary’s Allahabad IFSC code

  • Beneficiary’s details

  • OTP

FAQ's on Allahabad Bank IFSC Code

  • ✔️Has Allahabad Bank IFSC code changed?

    Yes, from 1 July 2021, the bank has discontinued the old IFSC code after the merger with the Indian Bank and issued the new Allahabad IFSC code to its branches.

  • ✔️What is the IFSC code of Allahabad Bank after the merger with Indian Bank?

    After discontinuing the old Allahabad Bank IFSC code, the new IFSC code is being issued as IDBI instead of ALLA. One of the Allahabad Bank new IFSC codes is IDIB000A046.

  • ✔️How can I know my Allahabad Bank MICR code?

    You can search for it online or check on your passbook or cheque book.

  • ✔️How can I find an Allahabad Bank near me?

    You can locate the nearest branch by accessing the official website.

  • ✔️What are the timings to do NEFT transactions?

    You can do an NEFT transaction anytime, but it is advised to do it during working hours to transfer instant money.

    • Monday to Friday: 8.00 AM to 6.00 PM
    • Saturday: 8.00 AM to 12.00 PM