What is ifsc code


IFSC Code is used by Banks in India. Reserve Bank of India has allocated this to identify every bank branch in India that participate in NEFT system in India. (for electronic fund transfer )
IFSC Code has 11 characters.
  • first 4 alphabet characters representing the Bank.
  • 5th charcter is 0(zero), It is reserved for future use.
  • Last 6 charcter are for bank branch

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