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IFSC and MICR Codes Directory

Dicgc IFSC code, MICR code and Bank Branches in India

List of Dicgc IFSC Code by state

Dicgc IFSC Code

Deposit Insurance and Credit Guarantee Corporation (DICGC) IFSC code can be used by both the National Electronic Fund Transfer and Real Time Gross Settlement finance transfer systems. Dicgc NEFT, RTGS and IMPS codes are provided by RBI. NEFT transactions are settled in batches while RTGS transactions are settled individually. IMPS presents an instant 24X7, electronic fund transfer. IFSC Code is an 11 character code for identifying bank branches participating in online fund transfers. This code is unique for each branch. Please NOTE that not all branches of a bank provide net banking facility.
Where to get IFSC codes?

It is very easy to get IFSC code. You can get it in few clicks on loanbaba.com through its IFSC code locator tool. You will have to select the name of the bank, state and branch; it will give you the IFSC code along with the full address of the branch. You can get the entire list of IFSC code on RBI’s website for each bank. You can also find it on the bank’s website.

About Deposit Insurance and Credit Guarantee Corporation (DICGC)

A subsidiary of Reserve Bank of India, Deposit Insurance and Credit Guarantee Corporation was established on July 15th, 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961. The main aim of opening this institution was to provide insurance of deposits as well as to guarantee credit facilities. DICGC insures all kinds of bank deposits including current, fixed, recurring deposits and saving. The maximum amount that can be insured is Rs. 100,000 for each deposit in a bank. Commercial Banks and Cooperative Banks are insured by DICGC. Primary cooperative societies are however not insured by DICGC.

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