Note these 5 things before transferring your savings account to another city, or else essential payments could get stuck..

If you are moving from one city to another for a job, studies, or any other reason, simply changing your residence isn't enough; updating your banking details is equally important. In today's digital era, the good news is that most banks now offer the facility to transfer savings accounts from one branch to another online. However, there are crucial aspects to this seemingly simple process that, if overlooked, could lead to significant trouble.

**Do you need to visit the bank for a branch transfer?**

First, understand that major banks like SBI, HDFC, ICICI, and Kotak now offer branch transfer facilities that can be availed from the comfort of your home; you do not necessarily need to visit your old branch. However, once your account shifts to the new branch, your IFSC code changes, and this proves to be the most critical factor.

**Direct impact of the change**