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Bank to IFSC Code | Free-SEOTool.com


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IFSC Code
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About Bank to IFSC Code | Free-SEOTool.com

About Bank to IFSC Code

 

The IFSC code finder tool is a useful online resource that can help you to locate the correct IFSC code for any bank in India. The tool is easy to use, and all you need to do is select the name of the bank. The tool will then provide you with a list of all the IFSC codes associated with that particular bank. This can be helpful if you need to make a payment to a bank that is located in a different city or state.

 

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What is IFSC?

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 and last 6 characters represent the branch. The 5th character is zero.

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 and last six characters represent branch.

MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

 


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