If an IFSC code is wrong, the transfer may fail, return, or in rare cases reach a wrong branch if other details also match. Always verify beneficiary name, account number, bank branch and IFSC before NEFT, RTGS or IMPS.
What to do
- Save UTR/reference number.
- Contact your bank support immediately.
- Submit written request with transaction details.
- Do not share OTP or passwords with anyone.