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Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). Code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use ...
Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). Code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use ...
Presented below is a list of IFSC Codes starting 4 characters of each bank-. ABHY - Abhyudaya bank. ADBK - Adarsh Bank. AMCB - Ahmedabad Mercantile bank. AIRP - Airtel Bank. AUCB - Almora urban bank. ANDB - Andhra bank. APGB - Andhra pragathi grameena bank.
What is IFSC Code? The Indian Financial System Code (IFSC), is a unique 11-digit alphanumeric code that is used for online fund transfer transactions done via NEFT, RTGS and IMPS. The IFSC code can be found on the cheque leaf provided by the bank.The Reserve Bank of India (RBI) assigns the IFSC codes to the bank. Apart from the cheque leaf, you can also find the IFSC code on the official website of the bank and the RBI.
MICR Codes. IFSC Codes. Bank Name. Select BankABHYUDAYA COOPERATIVE BANK LIMITEDAHMEDABAD MERCANTILE COOPERATIVE BANKAHMEDNAGAR MERCHANTS CO-OP BANK LTDAIRTEL PAYMENTS BANK LIMITEDAKOLA JANATA COMMERCIAL COOPERATIVE BANKALMORA URBAN COOPERATIVE BANK LIMITEDAMBARNATH JAIHIND COOP BANK LTD AMBARNATHANDHRA PRADESH GRAMEENA VIKAS BANKANDHRA ...
Every bank has a unique IFSC code which is an eleven (11) digit code where the first four characters are alphabetical characters representing the bank, the fifth digit is kept as a reserve for the future and is always zero and the remaining six (6) characters are the identification numbers given to the bank's individual branch. These digits are based on the state, district, city and branch of the bank. ...
The Indian Financial System Code (IFSC) is a unique 11-character code with the first four alphabetic characters representing your bank name, and the last six characters (either numeric or alphabetic) representing the branch. This code is helpful in identifying the Bank and branch in which you hold your account.
IFSC stands for Indian Financial System Code. It is a 11-digit alpha-numeric code that uniquely identifies a bank branch participating in any RBI regulated funds transfer system. The IFSC code helps to transfer money using RTGS, NEFT or IMPS method. The first 4 digits of the IFSC represent the bank ...
Understanding IFSC Codes. IFSC (Indian Financial System Code) is an 11-digit alphanumeric code that uniquely identifies all banks and their respective branches participating in the online funds transfer process. The IFSC Code is assigned to each bank branch by the Reserve Bank of India (RBI) to monitor the online transfer of money. The electronic or online transactions for transferring funds via NEFT (National Electronic Fund Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate ...
Format. The IFSC is an 11-character code with the first four alphabetic characters representing the bank name, and the last six characters (usually numeric, but can be alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. Bank IFS Code is used by the NEFT & RTGS systems to route the messages to the destination banks/branches. The format of the IFS Code is shown below.
