IFSC

Question

IFSC

IFSC Code is a unique identifier for bank branches in India used for secure and accurate electronic fund transfers.

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Answer 1 · 2025-08-29

IFSC (Indian Financial System Code) is an 11-character alphanumeric code assigned to every bank branch in India that participates in electronic payment systems like NEFT, RTGS, and IMPS. It uniquely identifies a bank and its branch to ensure accurate routing of funds in online transfers.

Structure:

First 4 characters → Bank code (e.g., HDFC, SBIN).
5th character → Always “0” (reserved for future use).
Last 6 characters → Branch code.

Example

IFSC: HDFC0001234

HDFC → Bank name (HDFC Bank)
0 → Reserved digit
001234 → Specific branch code

Answered on 2025-08-29

IFSC

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