Looking for the AIRP IFSC code? It’s AIRP0000001 – the single code used for all Airtel Payments Bank transfers in India. This code handles NEFT, RTGS, and IMPS transactions nationwide.
Table of Contents
What is AIRP IFSC Code?
AIRP IFSC code refers to Airtel Payments Bank’s Indian Financial System Code. The full form is Indian Financial System Code. This 11-character code enables electronic fund transfers through NEFT, RTGS, and IMPS systems.
The first four letters “AIRP” indicate the bank (Airtel Payments Bank). The fifth character is “0”. The last six digits “000001” represent the branch code. Airtel Payments Bank uses one IFSC code for all transactions.
AIRP0000001: Key Details
Bank Name: Airtel Payments Bank Limited IFSC Code: AIRP0000001 MICR Code: Not applicable Branch: Main Branch Address: Gurgaon, Haryana
How to Use AIRP IFSC Code
- For NEFT Transfers NEFT processes transactions during banking hours in batches. Use AIRP0000001 when sending money to any Airtel Payments Bank account.
- For RTGS Transfers RTGS handles large transactions instantly. Use AIRP0000001 for transfers above ₹2 lakh to Airtel Payments Bank accounts.
- For IMPS Transfers IMPS (Immediate Payment Service) enables 24/7 instant transfers. AIRP0000001 works for all IMPS transactions to Airtel Payments Bank accounts regardless of amount.
- For UPI Payments UPI transfers between individuals don’t need IFSC codes. However, some merchant payments or bank account linking may require AIRP0000001.
Airtel Payments Bank Branch Information
Working Hours Monday to Saturday: 10 AM to 4 PM. Second and fourth Saturdays are non-working days.
Services Available
- Digital savings accounts
- Mobile wallet services
- Bill payments and recharges
- Money transfers
- Merchant payments
- Cash deposits and withdrawals
Account Opening Airtel Payments Bank allows account opening through the Airtel Thanks app, making it accessible to millions of Airtel customers across India.
IFSC Code Structure Explained
Understanding the AIRP0000001 structure:
A-I-R-P (First 4 characters): Bank identifier for Airtel Payments Bank 0 (5th character): Always zero, reserved for future use 000001 (Last 6 characters): Branch code representing the main branch
This 11-character format is standard across all Indian banks, including alphabets and numbers. The consistent structure ensures accurate routing of electronic transactions.
Common Transaction Scenarios
- Salary Credits Employers can use AIRP0000001 to credit salaries directly to employee Airtel Payments Bank accounts through NEFT or RTGS systems.
- Bill Payments Utility companies and service providers accept AIRP0000001 for automatic bill payment setups and refund processing.
- Government Benefits Direct Benefit Transfer (DBT) schemes use AIRP0000001 to credit subsidies and benefits to Airtel Payments Bank accounts.
- Online Shopping Refunds E-commerce platforms process refunds to Airtel Payments Bank accounts using AIRP0000001 for accurate routing.
Verification and Security
- IFSC Code Validation Always verify AIRP0000001 when setting up transactions. Incorrect IFSC codes lead to failed transfers and potential delays in refunds.
- Account Number Format Airtel Payments Bank account numbers follow a specific format. Ensure both the account number and AIRP0000001 are correct before initiating transfers.
Transaction Limits Different payment methods have varying limits:
- NEFT: No upper limit, minimum ₹1
- RTGS: Minimum ₹2 lakh, no upper limit
- IMPS: Up to ₹2 lakh per transaction
Troubleshooting Common Issues
Transaction Failures If transactions fail, verify:
- Correct IFSC code: AIRP0000001
- Valid account number format
- Sufficient balance in sender account
- Network connectivity during transaction
Delayed Credits NEFT transactions may take 2-3 hours during business hours. RTGS and IMPS are typically instant but may face delays during system maintenance.
Wrong IFSC Code Entry Transactions with incorrect IFSC codes get rejected automatically. Funds return to the sender account within 1-2 business days.
Mobile Banking Integration
- Airtel Thanks App The official Airtel Thanks app provides easy access to account details, including the AIRP0000001 IFSC code. Users can share payment details directly from the app.
- Third-Party Apps Popular payment apps like PhonePe, Google Pay, and Paytm support Airtel Payments Bank transfers using AIRP0000001.
- Net Banking Access Airtel Payments Bank services through the web portal, where AIRP0000001 is prominently displayed for transaction purposes.
Regulatory Compliance
- RBI Guidelines Airtel Payments Bank operates under Reserve Bank of India regulations for payments banks. AIRP0000001 ensures compliance with electronic payment standards.
- KYC Requirements All transactions using AIRP0000001 must comply with Know Your Customer norms. Account holders need valid identification for higher transaction limits.
- Anti-Money Laundering Large transactions through AIRP0000001 are monitored for AML compliance, ensuring secure and legitimate fund transfers.
Benefits of Using AIRP IFSC Code
- Single Code Convenience Unlike traditional banks with multiple branch IFSC codes, Airtel Payments Bank’s single AIRP0000001 code simplifies transactions for customers and businesses.
- Digital Integration AIRP0000001 works seamlessly across digital platforms, mobile apps, and online banking systems, supporting India’s digital payment ecosystem.
- 24/7 Availability While branch hours are limited, AIRP0000001 enables round-the-clock digital transactions through IMPS and other instant payment systems.
- Cost-Effective Transfers Transactions using AIRP0000001 often have lower fees compared to traditional banking, making it attractive for small businesses and individuals.
Future Developments
- Enhanced Services Airtel Payments Bank continues expanding services accessible through AIRP0000001, including loans, insurance, and investment products.
- Technology Upgrades Regular system upgrades ensure AIRP0000001 remains compatible with emerging payment technologies and security standards.
- Network Expansion While maintaining the single IFSC code structure, Airtel Payments Bank is expanding its service network across rural and urban India.
Frequently Asked Questions
Is AIRP0000001 the only IFSC code for Airtel Payments Bank?
Yes, Airtel Payments Bank uses a single IFSC code (AIRP0000001) for all transactions across India.
Can I use AIRP0000001 for international transfers?
AIRP0000001 is designed for domestic transactions within India. International transfers require different routing codes.
What if I enter wrong digits in AIRP0000001?
Incorrect IFSC codes result in transaction failure. The system will reject the transfer and return funds to the sender.
Does AIRP0000001 work for all transaction amounts?
Yes, but different payment systems have varying limits. NEFT has no upper limit, while IMPS caps at ₹2 lakh per transaction.
Conclusion
AIRP0000001 is the standard IFSC code for all Airtel Payments Bank transactions in India. This code works with all major payment systems and ensures proper routing of your funds to the intended recipient.