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    Vely1992's Avatar
    Vely1992 Posts: 1, Reputation: 1
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    #1

    Apr 20, 2016, 01:46 AM
    What is bank IFSC code?
    What is uses of bank IFSC code ?
    talaniman's Avatar
    talaniman Posts: 53,859, Reputation: 10852
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    #2

    Apr 20, 2016, 05:13 AM
    https://bankifsccode.com/

    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 byReserve 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.

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