Citizen Services

Which digit is zero in IFSC code?

IFSC code (short for Indian Financial System Code) is a unique 11-digit alphanumeric system used to identify various bank branches that operate within the country, specifically all the branches that operate and participate in … READ FULL STORY

Personal Finance

Is IFSC code 11 digits?

The Reserve Bank of India provides each bank branch in India with a code known as the IFSC. This one-of-a-kind number is a mix of an alphanumeric code and a number, and it is … READ FULL STORY

Personal Finance

Who creates IFSC code?

Electronic funds transfer has achieved sufficient appeal with a booming economy and subsequent demonetisation. The ease and speed with which such a transfer may be executed contribute to its widespread acceptance. The IFSC Code … READ FULL STORY

Personal Finance

Is IFSC and branch code the same?

The IFSC and the Branch code are both common in banking terminology, although they have distinct purposes. With an IFSC Code, deposits and withdrawals may be processed quickly and easily inside a financial institution.  … READ FULL STORY