BSR code stands for Basic Statistical Return Code. It's an seven digits unique code
povided by RBI (Reserve Bank of India) to all the registred Indian financial
institution or bank.
Get Detailed Information about any Bank Branch in India.
How Does It
Work?
How To Use Our Find BSR Code Tool?
1. First, Choose the bank name.
2. Next, choose the state in which your previously chosen bank is located.
3. Select the district name that corresponds to the bank-branch you are looking for and falls under the above-mentioned bank and state.
4. Select the city name that corresponds to the bank-branch you are looking for and falls under the above-mentioned bank, state, and district.
5. Finally, please select the specific branch name that corresponds to the above-mentioned bank, state, district, and city.
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If you know the BSR Code of a specific bank branch and want to learn more about it, such as the bank address, pin code, contact information, and other details, enter the seven-digit BSR Code and click on the "Get Bank
Details" Button.
The RBI provides all registered Indian banks with a seven-digit unique code known as the Basic Statistical Return (BSR) Code. The first three digits identify the bank, while the next four digits identify the bank branch.
Formation of the BSR Code
The formation of BSR code is as follows:
The first three digits identify the bank and
The next four digits identify the bank branch.
Example: Breakdown of the BSR Code
1
2
3
4
5
6
7
Bank Code
Branch Code
Applications of BSR Code
The BSR Code has the following applications:
The BSR code is primarily used for Tax TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) returns.
BSR codes assist banks in keeping a clear record of online tax payments, which are all made available to the Income Tax Department by the banks.
BSR codes are typically found on the following documents: TDS certificates, OLTAS challan and deduct details, and the Challan Identification Number (CIN), which is unique to each challan.
How are BSR Codes classified?
BSR Codes are classified as follows:
BSR1:
Return on Advances from all branches on the last Friday of June and December. It’s divided into two parts – Part I which deals with accounts with limits more than Rs. 10,000 and Part II which deals with accounts limits of Rs.10,000 and less.
BSR2:
Return Deposits from all branches on the last Friday of June and December.
BSR3:
Return Advances against the Security of Selected Sensitive Commodities from Head Offices on last Friday of each month.
BSR4:
Return on Ownership of Bank Deposits (once in two years) from all branches (replacing present annual survey from head offices) on the last Friday of March.
BSR5:
Return on Bank Investments (annual) from Head Office (on the lines of Survey of Bank Investments) on the last day of March.
BSR6:
Survey on Debits to Deposits Accounts (Quinquennial) from April to March of the year.
BSR7:
Survey on Aggregate Deposits and Gross Bank Credit (Quarterly) by head offices of the bank as on last Friday of June, September and December, and as on March 31.