Tuesday, February 1, 2011

Meaning of IFSC Code


Meaning of  IFSC code is Indian Financial System Code.  IFSC code is being used as the address code in one user to another user.  RTGS and NEFT payment system of Reserve Bank of India (RBI) use these codes. IFSC code consists 11 Characters identified as under:-

     1. First 4 digits shows the Identity.
     2. 5th digits in default as ZERO (for future use)
     3. Last 6 Characters display the Branch Identity.

IFSC (Indian Financial System Code) is excellent unique code for International electronic payment system


4 comments:

  1. Nice one. it is good one. you can get more ifsc codes from
    http://ifsccodesbank.blogspot.com

    ReplyDelete
  2. full list of ifsc code can be found here, thanks..
    1000ifsccode.com

    ReplyDelete
    Replies
    1. Thank you

      I have visited your website. Its very useful website for IFSC Codes

      Delete

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