What is IFSC

IFSC Code

It stands for Indian Financial System Code.It contains 11 digits code with alpha-numeric format .It is use for electronic payments system applications such as RTGS (Real Time Gross Settlement).Normally the 11 digits code will be printed on cheque book for NEFT enabled banks and also printed on bank passbook.Also you can find the branch IFSC code ,Address,Bank details,Branch address in India by follow link. http://www.ifsccodebank.com/ 

 In IFSC 11 digits code first 4 letters indicates Bank Code,next single digit reserved for future purpose remaining 6 digits are Bank code.

Example :- 

SBIN0000900
  • SBIN First 4 letters indicates Bank Code,
  • 0 Single digit reserved for future purpose,
  • 000900 These 6 digits are Bank code.

Comments

  1. SRC13 May 2017 at 23:56

    informative..

    ReplyDelete
  2. loan saral22 July 2017 at 10:21

    Codeforbanks.com provides all most all banks IFSC, MICR codes, branches address which includes public, private, co-operative and gramina bank. You can select your bank name, select the state and than select your district, finally select the branch of your bank to find bank IFSC Code at http://www.codeforbanks.com/banks/ifsccode-by-branch/. Also you can find bank branch details by using IFSC or MICR code at http://www.codeforbanks.com/banks/ifsccode/

    ReplyDelete
  3. Arun17 March 2020 at 15:38

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