You can find out IFSC Code (Indian Financial System Code) of your bank. It’s simple.
To find out your Bank Branch's IFSC Code, You will have to follow these steps.
1. Just scroll the page. You will see the list of all the Indian Banks on the left hand side, which are NEFT Enabled. Just select your Bank Name. You will get a new page.
2. On this page there are so many Bank Branches, So you will have to search your Bank Branch in this page.
3. To find out you’re "Bank Branch Name", just go to your Browser's "Edit" Menu and Click on the "Find" Menu Option. A new "Find Dialog Box" will display. You may use "Ctrl + F" Shortcut Key Combination too to get the Find Dialog Box.
4. In this dialog box, you will have to type your "Bank Branch Name". After specifying your Bank Branch's Name, you will have to click on the "Find" Button of the Dialog Box.
After clicking on the "Find" Button of "Find Dialog Box", you will see some Highlighted words. These Highlighted Words are of your searched Bank Branch.
What is a IFSC?
IFSC stands for Indian Financial System Code . In the Structured Financial Messaging System (SFMS), the Indian Financial System Code (IFSC) is being used as the addressing code in user-to-user message transmission. The Payment System Applications such as RTGS, CFMS and NEFT developed by the Reserve Bank of India use these codes. The code consists of 11 Characters - First 4 characters (4!A) represent the entity; Fifth position has been defaulted with a '0' (Zero) for future use; and the Last 6 character (6!X) denotes the branch identity. IFSC is being identified by the RBI as the code to be used for various payment system projects within the country, and it would, in due course, cover all networked branches in the country. In due course, when all bank branches participate in electronic payment systems, they would need to have a single identifiable unique code and IFSC would serve the purpose effectively.
IFSC stands for Indian Financial System Code. its a code used for all sort of electronic money transfer purpose. The code gives a specific identification figure to the branches of the banks and hence eliminates any chaos as its a unique for every branch, be it in the same or different city.