Daily Email Newsletter (Sign-up Free)

What is NEFT IFSC Code?

IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.

This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch. The 5th character is 0 (zero).

IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.

No comments:

Post a Comment

In comment with "Name/Url" option, only Name is mandatory to be filled.