Indian Financial System (IFSC) Code used for electronic payment System applications like National Electronic Funds Transfer (NEFT), Centralized Funds Management System (CFMS) and Real Time Gross Settlement (RTGS) developed by the Reserve Bank of India.

Reserve Bank of India using the IFSC code to identify various payment system projects within the country and it cover all networked branches of all banks. Presently there is more than 72,000 RTGS enabled bank branches Means, you will get IFSC code for all those bank/branches.

IFSC Code consist of 11 Characters : (e.g ICIC0000069).The  First 4 characters represent the entity (ICIC0000069 ) and Last 6 character represents  the branch identity (ICIC0000069 ).The fifth Position on the IFSC code has been backed up for Future Use With “0” (ICIC0000069).