In simple terms, the IFSC, abbreviated to the Financial System Code of India, is an alphanumeric code used to identify the particular branch of a participating bank in any of the popular electronic funds settlement options in India, to Know RTGS and NEFT.

IFSC is used by RBI to find all bank branches with in the NEFT(National Electronic Funds Transfer) & RTGS systems to route the messages to banks.The IFSC system is only for domestic transactions so every branch of bank in India regardless of whether they are public sector, private sector or foreign banks will have an IFSC code that acts as a unique identifier for the bank branch.

Here are the few IFSC codes for branches listed below:  https://thebankinfo.com/blog/post/ifsc-codes--for-sbi

 

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