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IFSC Code Full Information

IFSC is an acronym for Indian Financial System Code. IFSC code is a unique 11 digit number which is a combination of alphabets and numerals. First 4 digit of IFSC code belongs to bank . 5th digit in IFSC code is always 0 . What is reason behind to keep 5th digit 0 explained in video . Last 6 digit belongs to branch . It is used to transfer funds through NEFT, IMPS and RTGS. You can find the IFSC code on the cheque leaf or on passbook . The Reserve Bank of India assigns the IFSC codes to the bank branches . IFSC code pertain to bank branch . Each branch has a unique IFSC code. You are advised to find IFSC from bank websites or RBI website in stead of risky google search. For more details watch video :