Bank IFSC Code Detail Finder Tool

Introduction

Banking has become an essential part of our daily lives. With the rise of digitalization, banking has become more accessible and convenient for everyone.

However, with the increasing number of banks and branches, it becomes difficult to identify the exact location of a specific branch.

To overcome this challenge, the Reserve Bank of India (RBI) introduced the IFSC code, which stands for Indian Financial System Code.

It is a unique identification code assigned to every bank branch in India that helps to identify the bank and its location.

In this article, we will discuss in detail the IFSC code, its structure, how to find the IFSC code of a particular bank branch and other related aspects.

What is IFSC Code?

IFSC Code is an 11-digit alphanumeric code that is assigned to each bank branch in India by the Reserve Bank of India (RBI).

It is used for electronic payment transactions such as NEFT, RTGS, and IMPS. IFSC Code is a unique identification code that helps in identifying the bank and its location.

Structure of IFSC Code

The IFSC code is a combination of 11 alphanumeric characters. The first four characters represent the bank code, the fifth character is zero, and the last six characters represent the branch code.

For example, if the IFSC code of a bank branch is HDFC0000481, then the first four characters HDFC represents the bank code, 0 is the fifth character, and the last six characters 000481 represent the branch code.

The bank code is a unique code assigned to every bank by the RBI. The fifth character of the IFSC code is always zero, which is reserved for future use.

The last six characters of the IFSC code represent the branch code, which is unique for each branch of the bank.

Importance of IFSC Code

IFSC code plays a vital role in the electronic payment system. It is used to identify the bank and its location during electronic transactions.

The IFSC code is mandatory for making transactions through NEFT, RTGS, and IMPS.

Without the correct IFSC code, the transaction cannot be processed, and the money may get stuck in the system.

IFSC code also helps in the reconciliation of transactions. It helps in identifying the bank and its location, which helps in verifying the transaction details. IFSC code also helps in reducing errors and fraud in electronic transactions.

IFSC Code Search

Finding the IFSC code of a particular bank branch is a simple process. One can easily find the IFSC code of any bank branch through various channels such as online searches, mobile apps, and bank websites.

Online IFSC Code Search

Online IFSC code search is the most convenient way to find the IFSC code of any bank branch.

There are various websites and portals that provide an IFSC code search facility. Some of the popular websites that offer IFSC code search are:

RBI website:

The RBI website provides an online IFSC code search facility. One can search the IFSC code of any bank branch by selecting the bank name, state, district, and branch name.

Bank websites:

Most banks have websites where one can find the IFSC code of their branches. One can search the IFSC code by selecting the state, district, and branch name.