Federal Bank to raise Rs 6,196 crore via preferential issue of warrants to Blackstone group entity
Bank customers can opt for up to four nominees in their accounts from November 1
Corporate loan growth picks up after slow quarters HDFC, Axis, PSU banks leading the revival: Report
Rupee opens 10 paise up at 87.83 against dollar, US trade deal talks in focus
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment systems like NEFT, RTGS, and IMPS.
For banks in India, the IFSC code typically starts with four alphabet code (unique for each bank), followed by a zero (0), and ends with a unique branch code.
The IFSC code is structured as follows:
For example, the State Bank of India (SBI) IFSC code SBIN0001707 refers to the SBI Parliament Street branch, New Delhi. Here, the four alphabets ‘SBIN’ represents the bank code, ‘0’ is a control character, and the last six digits denote the specific branch.
How Can You Find Jalgaon Peoples Co-operative Bank IFSC Code?