About ifsc code finder
An IFSC (Indian Financial System Code) identifies a bank branch for electronic transfers such as NEFT, RTGS and IMPS.
How it is structured
- 11 characters in total.
- The first four letters stand for the bank.
- The fifth character is always 0, kept for future use.
- The last six characters identify the branch.
Confirm before paying
A wrong IFSC can delay or fail a transfer. Check the code against the cheque book, passbook or bank's website, especially for large payments.
A worked example
An IFSC such as SBIN0001234 is read as SBIN for State Bank of India, the fixed 0 in the fifth place and 001234 for the branch. The branch name, address and MICR code returned should match your cheque book or passbook.
Where you need it
- Adding a payee for NEFT, RTGS or IMPS transfers.
- Filling bank details for salary, refunds or scholarships.
- Verifying a payment instruction before you send a large sum.
