India Post Payments Bank's IFSC code is IPOS0000001. It is the single code for every India Post Payments Bank (IPPB) account nationwide, and it works for NEFT, RTGS, and IMPS. One catch trips people up: if your account is a traditional Post Office Savings Bank (POSB) passbook account rather than an IPPB account, the code is different - IPOS0000DOP.
India Post IFSC codes at a glance
| IPPB accounts | IPOS0000001 |
| Post Office Savings Bank (POSB) | IPOS0000DOP |
| Bank | India Post Payments Bank Ltd / Department of Posts |
| MICR code | Not applicable for IPPB (no cheque book) |
| SWIFT code | None (SWIFT is only for international wire transfers) |
| Works for | NEFT, RTGS, IMPS |
IPPB or Post Office Savings Bank - which code is yours?
India Post runs two different kinds of account, and they use different IFSC codes:
- India Post Payments Bank (IPPB) - the digital, app-based account opened with IPPB, usually linked to Aadhaar and a mobile number. Use IPOS0000001.
- Post Office Savings Bank (POSB) - the traditional savings passbook account at a post office. To receive an electronic transfer here, use IPOS0000DOP, the all-India single code for Post Office Savings Bank. An inward NEFT or RTGS on this code is credited to a Post Office Savings Account; to add money to a scheme like RD, TD, or MIS, route it through your linked savings account rather than transferring to the scheme directly.
Not sure which you have? An account opened at a post office counter with a printed passbook and no IPPB app is almost always a Post Office Savings Bank account (IPOS0000DOP). An account opened through the IPPB app or an IPPB QR is a Payments Bank account (IPOS0000001).
How to receive money in an India Post account
The sender needs three things in any other bank's app or net banking:
- Your account number
- The correct IFSC code - IPOS0000001 for IPPB, or IPOS0000DOP for Post Office Savings Bank
- The account holder's name
Add these as a new beneficiary and send. IMPS is instant; NEFT settles in half-hourly batches; RTGS is real-time but only for Rs 2 lakh and above. One rule is specific to IPPB: as a payments bank it can hold a maximum of Rs 2 lakh per customer at the end of the day (an RBI ceiling for all payments banks), so a transfer that would push the balance past Rs 2 lakh may be returned. That cap does not apply to a Post Office Savings Bank account.
🔢Why does India Post Payments Bank have one IFSC?
IPPB is a fully digital bank that routes every account through one central branch, so a single IFSC - IPOS0000001 - covers all IPPB accounts across India. You may also see internal codes such as IPOS0000ISU (an internal switch) or IPOS0NEFTSC (a service centre) in bank directories, but these are not customer codes. To receive money you only ever use IPOS0000001 (IPPB) or IPOS0000DOP (Post Office Savings Bank).
Entering the wrong IFSC usually does not lose your money, but it is worth getting right. Here is what happens if the IFSC code is wrong, and how refunds work.
Sources and verification
- IFSC IPOS0000001 (India Post Payments Bank) and IPOS0000DOP (Post Office Savings Bank - All India Single IFSC) - verified against the RBI-sourced IFSC directory, cross-checked July 2026.
- The Rs 2 lakh end-of-day balance ceiling is the Reserve Bank of India's limit for all payments banks; it applies to IPPB accounts, not to Post Office Savings Bank accounts.