Banks IFSC Codes
 

Banks IFSC Codes

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Banks IFSC Codes YouTube Channel Statistics

IFSC stands for Indian Financial System Code. This is an individual code assigned to banks in India that participate in the 2 main fund transfer systems: the RTGS (Real Time Gross Settlement) and the NEFT (National Electronic Fund Transfer). The purpose of the IFSC is to give unique identification c... more IFSC stands for Indian Financial System Code. This is an individual code assigned to banks in India that participate in the 2 main fund transfer systems: the RTGS (Real Time Gross Settlement) and the NEFT (National Electronic Fund Transfer). The purpose of the IFSC is to give unique identification codes to all member banks. The code has 11 digits. The first 4 digits represent the bank and by alphabet characters. The last 6 digits are for the identification of the branch. The 5th character is a "zero", which is intended for future use. less

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