SlideShare a Scribd company logo
N e e d 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
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
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 and MICR Code
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.
Example of IFSC 
Code IFSC code for State Bank of India 
located in Sector 17 in Chandigarh 
City.
The IFSC code for 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.
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.
THANKS 
for checking through our slides
THANKS 
for checking through our slides

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IFSC Code: For Online Transaction

  • 1. N e e d 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.
  • 4. IFSC code and MICR Code
  • 5. 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 code for 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.
  • 9. THANKS for checking through our slides
  • 10. THANKS for checking through our slides