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Friday 8 August 2014

What Is IFSC ?

                                  INDIAN FINANCIAL SYSTEM CODE

IFSC is an alpha-numeric code that uniquely identifies a bank-branch participating in  the NEFT system.
This is an 11 characters code.
FIRST 4th  alpha characters representing --- BANK NAME
The 5th characters is --- ZERO
The last 6th characters representing --- BRANCH CODE


In future when the number of branches increase, zero will be replaced an other numbers for providing branch code.

GA Team
Mahendra Educational PVT. LTD.

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