Indian Finance System Code(IFSC)
Indian Finance System Code (IFSC) it is used for electronic payment Like Real Time Gross setelment(RTGS) National Electronic Funds Transfer(NEFT) Immediate Payment service an inter bank electronic instant mobile money transfer service(IMPS) and centralised Funds Management System (CFMS) developed my Reserve Bank of India (RBI)
- Code as Eleven Chracters alpha numeric
- First four characters represent Bank
- Fifth character is default "0"
- Remaining characters represent Branch