SWIFT/BIC code NSDLINB1XXX
NSDLINB1XXX belongs to National Securities Depository Limited in Mumbai, India.
Code details
| SWIFT/BIC code | NSDLINB1XXX |
|---|---|
| 8-character code | NSDLINB1 |
| Branch code | XXX |
| Bank | National Securities Depository Limited |
| Branch | Head office |
| City | Mumbai |
| Country | India |
The way the National Securities Depository Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- NSDL Bank code
- 4 letters that identify the bank.
- IN Country code
- 2 letters for the country (ISO 3166).
- B1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code NSDLINB1XXX?
NSDLINB1XXX identifies the main office of National Securities Depository Limited in Mumbai, India. It is the code to use when you send money to an account at National Securities Depository Limited.
What is the best way to send money to National Securities Depository Limited in India?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Indian Rupee with transfer services before you send – the difference can be large.
What happens if I enter NSDLINB1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check NSDLINB1XXX against the details from National Securities Depository Limited before sending.
Does National Securities Depository Limited have only one SWIFT/BIC code?
Yes – NSDLINB1XXX is the single SWIFT/BIC code we have for National Securities Depository Limited in India, so there is no branch code to choose.
What do I need for a transfer to an account at National Securities Depository Limited?
You need the SWIFT/BIC code NSDLINB1XXX, the account number or IBAN of the recipient, their full name and address. India is not part of SEPA, so the BIC is required.
What does each part of NSDLINB1XXX mean?
NSDL is the institution code of National Securities Depository Limited, IN stands for India, B1 is the location code and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.