IFSC Code means Indian Financial System Code. It is an eleven character code assigned by RBI to identify every bank branches uniquely. IFSC code is used for Online transaction in India.
N e ed o f I F S C C o d e
f o r T r a n s a c t i o n
Bankbazaar.com/ifsc-code.html
2.
Topics About IFSC
Understanding IFSC Code
Example of IFSC Codes
IFSC Codes and Financial
Transactions
Finding IFSC Codes for Various
Banks
IFSC Code Finder Tools
3.
Understanding IFSC Code
IFSC codes are primarily a unique
identification code defining each
bank branch that helps in
coordination and successful
transfer of funds between the
sender and recipient bank.
IFSC Code
IFSC Code is a series of Eleven
character code.
The first four characters are always
alphabetic and correspond to the name
of the bank.
The fifth character is reserved for future
use and is always numeric zero as of
now.
The last six characters can be a
combination of numeric and alphabets
and correspond to the exact bank branch
concerned.
6.
Example of IFSC
Code IFSC code for State Bank of India
located in Sector 17 in Chandigarh
City.
7.
The IFSC codefor the bank is
SBIN0000628.
First 4 characters are SBIN representing
the name of the bank.
The last six characters are 000628 which
correspond to the Sector 17 branch of the
SBI in Chandigarh.
The fifth character from the front is o and
reserved for future use.
8.
Finding IFSC Codes
Bank Bazaar offers IFSC code for Bank's
Branches in quick time.
Select Bank's Name, State, District and Branch and Get the
details about IFSC Code, MICR Code, address and contact
number.