Paytm IFSC Code is PYTM0123456
What is IFSC Code?
IFSC Code or Indian Financial System Code is an alphanumeric code of 11-digits length. It is used to specify the branches of the bank within the NEFT (National Electronic Funds Transfer) network by the central bank.
Every IFSC code describes both the bank and the branch of bank by its 11-digit alphanumeric code . The first four alphabetic digits of the IFSC code define the bank’s name and the last six digits describe the branch of bank. The fifth number of every IFSC code of any bank is 0 (zero).
Let’s take an example to understand the IFSC code. In the IFSC code- PYTM0123456, the first four alphabetic digits define the Paytm Payments Bank and the last six digits describe the Noida branch of the Paytm Payments Bank. And as you can see, the fifth digit in the IFSC code is zero.
Paytm IFSC code – PYTM0123456
|Bank:||PAYTM PAYMENTS BANK|
|Branch Code:||123456 (Last Six Characters of IFSC Code)|
|District:||Gautam Buddh Nagar|