Shivalik Small Finance Bank, first cooperative lender to get SFB licence, starts operations
Non-life insurers' premium grows 13.17% in September; Acko, United India lead
Life insurers’ new business premiums rise 14.8% in September, led by private players
OPINION | Risk-based premium for deposit insurance provides banks with the right set of incentives
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 Shivalik Small Finance Bank IFSC Code?