IFSC Validation API

This API validates IFSC codes, ensuring accurate bank branch identification for secure electronic fund transfers in India, using up-to-date RBI data.

About the API:  

The IFSC Validation API is an indispensable tool designed to improve the accuracy and reliability of financial transactions in India. IFSC, or Indian Financial System Code, is a unique alphanumeric code assigned to each branch of Indian banks and financial institutions by the Reserve Bank of India (RBI). This code is crucial for facilitating electronic funds transfers (EFTs) such as NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement) and IMPS (Immediate Payment Service), ensuring that funds are correctly routed to the intended destination.

In the modern banking and financial transaction landscape, accuracy of information is paramount. The IFSC Validation API addresses this need by providing a robust mechanism for verifying the validity of IFSC codes. When a user initiates a financial transaction or updates their banking details, the accuracy of the IFSC code is critical. Incorrect codes can lead to diversion of funds, failed transactions or even potential financial fraud. By validating IFSC codes, the API helps mitigate these risks, ensuring that transactions are processed smoothly and securely.

In summary, the IFSC Validation API is a vital tool for ensuring the accuracy and reliability of electronic funds transfers in India. By providing real-time validation of IFSC codes and leveraging up-to-date RBI data, the API helps prevent errors, improves transaction security and supports smooth and accurate financial transactions. Its simple integration and efficient performance make it a valuable asset to any system involved in managing electronic financial transactions.

 

What this API receives and what your API provides (input/output)?

It will receive a parameter and provide you with a JSON.

 

What are the most common uses cases of this API?

  1. Online Banking Transactions: Ensuring that the IFSC code entered by users for transferring funds is correct before processing transactions.

    E-commerce Payments: Verifying IFSC codes during payment checkout processes to avoid errors in fund transfers.

    Bill Payment Platforms: Validating IFSC codes when users set up bill payments to ensure that funds are directed to the correct bank branch.

    Loan Application Processes: Confirming IFSC codes provided during loan applications to verify the bank branch details for disbursements.

    Financial Software Integration: Integrating IFSC validation in accounting or financial management software to verify bank details during data entry.

 

Are there any limitations to your plans?

Besides the number of API calls per month, there are no other limitations. 

API Documentation

Endpoints


To use this endpoint you must indicate an IFSC code in the parameter.



                                                                            
POST https://zylalabs.com/api/4802/ifsc+validation+api/5983/code+validation
                                                                            
                                                                        

Code Validation - Endpoint Features

Object Description
Request Body [Required] Json
Test Endpoint

API EXAMPLE RESPONSE

       
                                                                                                        
                                                                                                                                                                                                                            {"data":{"valid":true,"bank":"STATE BANK OF INDIA","ifsc":"SBIN0006613","branch":"IFB SAKINAKA","address":"LEKHRAJ BHAVAN, 1ST FLOOR SAKI VIHAR ROAD, SAKINAKA, MUMBAI PIN - 400072","city":"MUMBAI, GREATER BOMBAY","state":"MAHARASHTRA","std_code":"0","phone":"0"}}
                                                                                                                                                                                                                    
                                                                                                    

Code Validation - CODE SNIPPETS


curl --location --request POST 'https://zylalabs.com/api/4802/ifsc+validation+api/5983/code+validation' --header 'Authorization: Bearer YOUR_API_KEY' 

--data-raw '{
    "ifsc":"ABHY0065034"
}'

    

API Access Key & Authentication

After signing up, every developer is assigned a personal API access key, a unique combination of letters and digits provided to access to our API endpoint. To authenticate with the IFSC Validation API REST API, simply include your bearer token in the Authorization header.
Headers
Header Description
Authorization [Required] Should be Bearer access_key. See "Your API Access Key" above when you are subscribed.

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IFSC Validation API FAQs

To use this API, users must enter an IFSC code.

The IFSC Validation API verifies the accuracy and validity of IFSC (Indian Financial System Code) codes.

There are different plans to suit all tastes, including a free trial for a small number of requests, but your rate is limited to avoid abuse of the service.

Zyla provides a wide range of integration methods for almost all programming languages. You can use these codes to integrate with your project as you need.

The IFSC Validation API returns the validity status of the code, bank name, branch, address, city and state.

The Code Validation endpoint returns a JSON object containing details about the IFSC code, including its validity, bank name, branch, address, city, state, and contact information.

Key fields in the response include "valid" (boolean), "bank" (string), "ifsc" (string), "branch" (string), "address" (string), "city" (string), "state" (string), "std_code" (string), and "phone" (string).

The response data is structured in a JSON format with a "data" object containing the validation results and associated bank details, making it easy to parse and utilize in applications.

The endpoint provides information on the validity of the IFSC code, the corresponding bank and branch details, including address, city, and state, ensuring accurate transaction processing.

The endpoint accepts a single parameter: the IFSC code, which must be a valid alphanumeric string assigned by the Reserve Bank of India.

Data accuracy is maintained by leveraging up-to-date information from the Reserve Bank of India (RBI), ensuring that the IFSC codes and associated bank details are current and reliable.

Typical use cases include validating IFSC codes during online banking transactions, e-commerce payments, bill payments, loan applications, and integrating with financial software for accurate data entry.

Users can utilize the returned data to confirm the correctness of IFSC codes before processing transactions, thereby reducing errors and enhancing the security of electronic fund transfers.

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