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What Is The Ifsc Code?

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The IFSC code is a UNIQUE IDENTIFIER that is assigned to all major bank branches in India. IFSC is an acronym for Indian FINANCIAL System Code. The IFSC code is MADE up of 11 characters. An example of an IFSC code is SBIN0RRAPGB.

First four characters: The first four characters are used to identify the bank. In the example above 'SBIN' is an identifier for the State Bank of India.

Fifth CHARACTER: The fifth character is always zero and is reserved for future use.

Last six characters: The last 6 characters are used to identify the branch. 'APGVB' is the 'ANDHRA PRADESH GRAMEEN VIKAS BANK' of the State Bank of India.

The IFSC code is a unique identifier that is assigned to all major bank branches in India. IFSC is an acronym for Indian Financial System Code. The IFSC code is made up of 11 characters. An example of an IFSC code is SBIN0RRAPGB.

First four characters: The first four characters are used to identify the bank. In the example above 'SBIN' is an identifier for the State Bank of India.

Fifth character: The fifth character is always zero and is reserved for future use.

Last six characters: The last 6 characters are used to identify the branch. 'APGVB' is the 'ANDHRA PRADESH GRAMEEN VIKAS BANK' of the State Bank of India.



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