What is IFSC code?
Indian Financial System Code or IFSC code is a unique code for every branch of the Bank. Although Bank name is one but every branch of the bank has unique IFSC code.
This is an eleven digit code. First four digits contain abbreviation of the bank's name. Fifth digit contains control character of the bank and last four digits describe the bank branch code.
For example, the code of STATE BANK OF INDIA Andheri, Mumbai branch is SBIN0000539.
Where this code is helpful?
You require this code when you are receiving a payment from outside India. Sits like PayPal and ALERTPAYmay ask this IFSC code for online transactions.
Here you will fine almost all leading banks in India with details of name, address, branch IFSC and MICR code.
This is an eleven digit code. First four digits contain abbreviation of the bank's name. Fifth digit contains control character of the bank and last four digits describe the bank branch code.
For example, the code of STATE BANK OF INDIA Andheri, Mumbai branch is SBIN0000539.
Where this code is helpful?
You require this code when you are receiving a payment from outside India. Sits like PayPal and ALERTPAYmay ask this IFSC code for online transactions.
Here you will fine almost all leading banks in India with details of name, address, branch IFSC and MICR code.
All Bank Details -
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