What is an IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India (RBI). It is used to identify every bank branch participating in the two main electronic funds settlement systems in India: NEFT and RTGS.

Why is the IFSC Code Essential?

IFSC codes ensure that your money reaches the correct destination without any errors. It is mandatory for various digital banking transactions, including:

• 🚀 Real-Time Gross Settlement (RTGS): Used for high-value immediate fund transfers.
• 📲 Immediate Payment Service (IMPS): Used for 24/7 instant inter-bank electronic fund transfers.
• 🏦 National Electronic Funds Transfer (NEFT): The most common method for nationwide money transfers.

How to Read an IFSC Code?

An IFSC code is structured into three distinct parts:

• 1. First 4 Characters: Represent the Bank Name (e.g., ‘ICIC’ for ICICI Bank).
• 2. 5th Character: This is always a ‘0’ (Zero), reserved for future use.
• 3. Last 6 Characters: Represent the specific Branch Code of the bank.

How to Use Our IFSC Finder?

To find bank details, simply enter the 11-digit code into the search box and click ‘Search’. Our tool connects with the latest banking databases to provide you with the branch address, contact number, and location instantly.