I want to send money to INR with IFSC code, what should I prepare?

To send money to an Indian bank account with INR (Indian Rupee) using an IFSC code, you'll need the following information:

  1. Recipient's Name: The name of the person or entity receiving the money, exactly as it appears on their bank account.
  2. Recipient's Bank Account Number: The complete bank account number of the recipient.
  3. IFSC Code: The Indian Financial System Code (IFSC) is an alphanumeric code used to identify the specific branch of the bank. It is an 11-character code (e.g., ABCD0123456).
  4. Recipient's Bank Name: The name of the bank where the recipient holds the account.
  5. Recipient's Bank Branch: The branch of the bank where the recipient's account is held.
  6. Purpose of Transfer: The reason for the money transfer, which might be required for compliance and regulatory purposes.
  7. Your Identification: Depending on your location and the service provider, you might need to provide identification such as a passport, driver's license, or national ID card.
  8. Details of Your Payment Method: Information about how you intend to fund the transfer (e.g., bank account, credit/debit card, etc.).

Note: Local channel is available for this payment, but if you need to send to HDFC Bank there might be some delays as the beneficiary bank may request docs to you.