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Business Services

Question
CBSEENBS11004139

What is IFSC ?

Solution
IFSC (Indian Financial System Code) is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system. This is 11 digit code with the first 4 alpha characters representing the bank and the last six numeric characters respresenting the branch.
The fifth character is zero. IFSC is used by the NEFT system to route the message to the destination banks/branches.