What is an IFSC code?
An IFSC code, short for Indian Financial System Code, facilitates online money transfers in India.
It is used for various online transactions such as National Electronic Funds Transfers (NEFT), Immediate Payment Services (IMPS), and Real-Time Gross Settlements (RTGS).
Example of an IFSC code
An IFSC code is a 11-digit alphanumeric code representing the bank name and branch. The fifth character in the code is a zero and is reserved for future use.
Where to find your IFSC code?
This code is usually found at the end of your bank’s address, located in the leaves of your cheque book.
You can also search online for IFSC finders or on the Reserve Bank of India’s (RBI) website.
Save on international money transfers
Stop overpaying because of bad exchange rates and hidden charges when you transfer money overseas.
We’re faster, safer, and cheaper. Try us today!
Earn commissions and offer low-cost overseas money transfers to your audience with the Instarem Affiliate Programme.
You are currently viewing our website. Would you like to update your location?Or choose another region