What is IFSC Code?
IFSC stands Indian Financial System Code. IFSC is an alpha numeric code which uniquely
identify bank branch in india. IFSC is code used for various payment system within
the country. IFS Code is 11 digit code for a bank branch.
- First 4 characters represents bank code.
For Example: One of the IFSC code for ICICI Bank is ICIC0001206. First 4 characters
ICIC0001206 represents bank code.
- The 5th character is a '0' Zero and it's reserved as control character (ICIC0001206)
- Remaining last 6 characters used to indentiy the bank branch. (ICIC0001206)
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