• IFSC Codes
  • Swift Codes
  • Bank Locations
  • Disclaimer
  • Privacy Policy

Banks India 2017

Bank Jobs in India, IBPS Recruitment, IBPS Results

  • Home
  • Bank Jobs
    • IBPS Clerk
    • IBPS PO
    • IBPS RRB
    • SBI Jobs
  • Study Material
    • Current Affairs
    • Practice Tests
    • Interview Tips
  • Banking News
    • Banking System
    • Bank Locations
  • Practice Questions
    • IBPS Clerk 2014-15
    • Intelligence Bureau ACIO
  • IFSC Code
You are here: Home » IBAN

IBAN Structure in India

adminJune 17, 2014 IBAN Structure in India2014-06-17T17:10:56+05:30 Banking System2 Comments
RBI has proposed to use IBAN for standardization of banking account numbers in India. Please read our post on IBAN in India. RBI Committee examined the technical aspect of IBAN and debated the following four types of IBAN for India, along with the advantages and disadvantages of each type. Longest IBAN Shortest IBAN Aadhaar Based IBAN Pattern Based IBAN After detailed deliberation, RBI committee has found "Longest IBAN" as most suitable for Indian banks and their customers. You can read…
Continue Reading »

IBAN for standardized banking account numbers

adminJune 17, 2014 IBAN for standardized banking account numbers2014-06-17T16:47:59+05:30 Banking System2 Comments
RBI is targeting to standardize the banking account numbering in India. As of now, each bank devise its own account numbering structure varying in length, pattern and composition. This has led to a situation where even basic validations on account numbers is not possible and this leads to incidences of credit going to wrong beneficiary, especially in an STP (straight-through-processing) environment handling huge volumes of transactions. One of the options to achieve standardization in account numbers is implementation of IBAN…
Continue Reading »
Like Us

Recent Recruitment Updates

  • SBI Associate Banks Recruitment for Clerks
  • Federal Bank Recruitment – Officer Scale -1 Posts
  • IBPS Recruitment 2015 – Specialist Officer-IV
  • IBPS RRB 2014 Results & Cutoffs
  • SSC Recruitment Exam Schedule 2015
  • Syndicate Bank PO Vacancies – Training and Job
  • Current Affairs – October 2014
  • Review of IBPS PO Examination October 11 & 12, 2014
  • Basel Accords – Things You Should Know
  • Nainital Bank Hiring for Management Trainee Positions
  • Current Affairs – September 2014
  • South Indian Bank Recruiting Probationary Clerks

Get Free Bank Job Updates on Email

Enter Email:

IBPS Clerk Test Package

Buy Here
Buy IBPS Bank PO/MT from Snapdeal
Copyright ©2022. Banks India 2017