What Is The Meaning Of Ifsc Code In Bank. To know what is IFSC Code deeply, go through the article fully. IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
Ordinarily, you can get the IFSC Code on your bank statement. For more information on non-EU banking codes, check out our article about IFSC, BSB, NUBAN and Hong Kong Clearing Codes. Users need to input valid IFSC code of banks while using Internet Banking in India to transfer funds online.
IFSC code is a unique eleven-digit number which is a combination of alphabets and numerals.
MICR and IFSC code are used for financial transaction in order to transfer money using NEFT and RTGS.
For more information on non-EU banking codes, check out our article about IFSC, BSB, NUBAN and Hong Kong Clearing Codes. Codes are then assigned to all its Indian Financial System Code (IFSC) API Lookup. IFSC is an acronym for Indian Financial System Code.