What is the Full Form of IFSC ?

IFSC - Indian Financial System Code


Indian Financial System Code is 11 digit alphanumeric unique code which is used to identify each branch of every bank in India. This code is given on the cheque book of a individuals, firms and corporates and is also required to transfer money through NEFT pr RTGS.

You can get the IFSC code of any bank, if you hold the following information :-
Name of Bank (eg : Union Bank of India)
Name of the State
Name of the District
Branch Name

Format of the IFSC Code
The First 4 letters tells about the name of bank and remaining 7 signifies the branch number. For ex. The code of SBI's M.G ROAD, ERNAKULAM Branch is "SBIN0003539". This code can be used to transfer money to any account of this branch using NEFT and RTGS.

Comments  

 
#1 ifsc code 2013-10-03 20:12
nice website, thanks
Quote
 
 
#2 Deepak 2013-12-07 05:07
Is there any relation between IFSC code & account Number..??
Quote
 
 
#3 Admin 2014-01-01 15:01
IFSC code is not related to your bank account number, but to the branch in which you have your account
Quote
 

Add comment


Security code
Refresh

Additional information