What is IFSC Code and where would I get it?  

Indian Financial System Code (IFSC) is an alpha numeric code designed to uniquely identify the bank-branches in India. This is 11 digit code with first 4 characters representing the banks code, the next character reserved as control character (Presently 0 appears in the fifth position) and remaining 6 characters to identify the branch. The MICR code has 9 digits to identify the bank-branch.

Disclaimer: I hold no responsibility about this numbers listed in files. Kindly confirm with you bank branch on the first hand

Answered by Om Prakash at 6:13 PM on October 11, 2008

Indian Financial System Code (IFSC) is an alpha numeric code designed to uniquely identify the bank-branches in India. This is 11 digit code with first 4 characters representing the banks code, the next character reserved as control character (Presently 0 appears in the fifth position) and remaining 6 characters to identify the branch. The MICR code has 9 digits to identify the bank-branch.

RBI had since advised all the banks to print IFSC on cheques leaves issued to their customers. You may also contact your bank-branch and get the IFS Code of that branch

Answered by Nagendra at 5:55 AM on October 10, 2008

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.

Answered by Vipan Thapar at 6:37 PM on October 09, 2008

Indian Financial System Code (IFSC) means a unique code of 11 digits of the NEFT enabled Branches. Normally, this code will be printed on the cheque books OR it may be obtained from the branch where the account is maintained.

Answered by Seema at 11:18 AM on October 09, 2008